Eesti Kiviõli

Eesti Kiviõli
Private limited company
Industry Oil and gas
Fate Nationalized
Successor Kiviõli Keemiatööstus
Founded 1922
Defunct 1940
Headquarters Kiviõli, Estonia
Products Shale oil
Production output
 70,000 tonnes of shale oil (1939)
Owner G. Scheel & Co.
Mendelssohn & Co.
Subsidiaries Trustivapaa Bensiini
Kiviõli shale oil extraction plant. Drawing by Ernö Koch (1936).

AS Eesti Kiviõli (German: Estnische Steinöl AG, English: Estonian Oil Shale Co. Ltd.) was an oil shale company located in Kiviõli, Estonia. It was a predecessor of Kiviõli Keemiatööstus, a shale oil extraction company. The Kiviõli town is named after Eesti Kiviõli.

Eesti Kiviõli was established in 1922. At the same year it opened an open-pit oil shale mine near Sonda, which since 1930 continued operations as underground mine.[1] After unsuccessful tests with the moving grate kiln, the company built four tunnel kilns between 1927 and 1938, manufactured by AS Franz Krull.[1][2] It built new shale oil extraction plants in 1932 and in 1938.[2] In 1930s it became the largest shale oil producer in Estonia.[3] In 1939, it produced 70,000 tonnes of shale oil.[3][4]

In 1934, Eesti Kiviõli and New Consolidated Gold Fields established the service station chain Trustivapaa Bensiini (now: Teboil) in Finland. During 1940 this chain sold more shale-oil-derived gasoline than the entire conventional gasoline market in Estonia did.[5] In 1935, Eesti Kiviõli concluded a contract with the German Kriegsmarine to supply shale oil as a ship fuel.[4][6]

The company was held by the Baltic-German bank G. Scheel & Co. and the German bank Mendelssohn & Co.[2][4] In 1938, Bankhaus Mendelssohn & Co, which was the principal investor and shareholder in Eesti Kiviõli, was liquidated by Nazi Germany. Its stake in Eesti Kiviõli was transferred to G. Scheel & Co, which transferred it to Nederlandsche Handel-Maatschappij. After Germany occupied the Netherlands in May 1940, these share were taken over by the German Government. After occupation of Estonia by the Soviet Union, the company was nationalized in 1940.[4]

See also

References

  1. 1 2 Ots (2004), pp. 15–16
  2. 1 2 3 Holmberg (2008), pp. 103–104
  3. 1 2 Holmberg (2008), p. 345
  4. 1 2 3 4 Uibopuu, Lembit. "Saksa kapital Eesti põlevkivitööstuses (1922–1940) ja Eesti põlevkivitööstus Saksa okupatsiooni ajal (1941–1944)" [The German capital in Estonian oil shale industry (1922-1940) and the Estonian oil shale industry during the German occupation (1941-1944)] (in Estonian). Tallinn University of Technology. Retrieved 2014-04-05.
  5. ↑ Holmberg (2008), pp. 112–114
  6. ↑ Holmberg (2008), p. 119

Bibliography

This article is issued from Wikipedia - version of the 5/18/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.