Japan

I'll search for Taiyo Oil to provide you with a summary.**Taiyo Oil Co., Ltd.** (also known as SOLATO) is a Japanese integrated energy company founded in 1940 through the merger of refinery sections from Aoki Sekiyu, Mikado Seiyu, and Matsuoka Sekiyu, with roots tracing back to 1911 when founder Shigekichi Aoki established Aoki Sekiyu in Takaoka Town, Kochi Prefecture, and is headquartered in Chiyoda-ku, Tokyo. Operating petroleum production and refining businesses with major operations in Shikoku, Yamaguchi, and Okinawa, the company produces and sells kerosene, gasoline, fuel oils, and basic petrochemical products including benzene and xylene, while also operating service stations under the SOLATO brand with offerings like the MySOLATO app, SOLATO oil series, and customer cards. The company operates refineries with crude distillation capacity of 118,000 barrels/day and a Resid Fluid Catalytic Cracking Unit with 29,000 barrels/day capacity, and has pioneered various industry initiatives including being the first Japanese corporation to conduct direct crude oil trading with Malaysia's PETRONAS in the 1970s and investing in Angola's offshore oil fields. Committed to harmonizing with the global environment while providing safety and security, Taiyo Oil is working toward achieving a carbon-neutral society by 2050 through its transition strategy, recently announcing plans for a $1 billion sustainable aviation fuel hub in Okinawa and selecting Honeywell's Ethanol-to-Jet technology for SAF production, while also exploring collaborative efforts with Mitsui Chemicals to expand chemically recycled products.