Young's Paraffin Light & Mineral Oil Co Ltd

Sectors:

  • Oil, coal, coke, etc, products manufacture Oil products refining
  • Oil, coal, coke, etc, products manufacture Shale processing & mining

Notes:

Traced origins to James 'Paraffin' Young, 1811-83, chemist. 1848 set up Young's Mineral Oil Co to produce lubricating and lamp oil from an oil spring at Alfreton, Derbyshire. Subsequently Young patented means of extracting oil from certain types of coal/shale and in 1851, as a partner in E W Binney & Co, set up a plant at Bathgate using local coal. Success led to expansion, the principal products being lamp and lubricating oil and paraffin wax. c1866 Young bought out his partners and formed Young's Paraffin Light & Mineral Oil Co Ltd to own a major plant at Addiewell. Business emerged as a leading paraffin producer and exporter. Company shifted to shale deposits when suitable coal reserves were exhausted. In 1920, with five other producers, merged to form Scottish Oils Ltd owned by Anglo Persian Oil Co Ltd

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