Irish News
A solid brand presence in Ireland
VALERO MARKETING IRELAND LIMITED, TRADING UNDER THE TEXOIL BRAND, IS A LEADING OIL DISTRIBUTOR IN THE
REPUBLIC OF IRELAND. SERVING THE COMMERCIAL, INDUSTRIAL, DOMESTIC, AGRICULTURAL, TRANSPORT AND MARINE
MARKETS, 40 PEOPLE ARE CURRENTLY EMPLOYED WITHIN THE TEXOIL BUSINESS WHICH OPERATES FROM 13 STORAGE
LOCATIONS ACROSS THE COUNTRY.
Fuel Oil News Irish correspondent, Aine Faherty asked marketing manager, Bronagh Carron about the business.
Valero has now been in Ireland since 2011
– what have been the highlights of your
8-year journey, and do you still intend to
keep the Texoil name?
We reorganised the business in 2013 to refocus
on our core distribution business – the supply
of oil to commercial, industrial, domestic,
agricultural, transport and marine markets.
Since then, we have also increased our sales
staff and expanded our presence across the
country, while upgrading our delivery fleet and
investing in our storage locations to bring them
to modern, safe and fit for purpose operations.
The Texoil brand is a strong household
name in Ireland and is a real strength to our
business. It sits perfectly alongside its parent
brand ‘Texaco’ which enjoys a long and
distinguished history and has a very solid brand
presence across the country too. Both brands
work perfectly in tandem with each other in
their respective markets.
Valero supplies fuels to many sectors
including domestic, commercial,
agricultural, marine, transport, construction
and quarrying – have you seen much
change in any of these important business
sectors recently?
The main change relates to the use of kerosene
in the domestic sector with homes now being
better insulated, the growth of alternative
heat sources and the environmental efforts
to reduce carbon emissions all having an
input. Those that are using kerosene are also
enjoying reduced consumption levels due to
more efficient boilers and better insulated
housing stock in the market. In future, we
expect new build houses not to have an oil
boiler installed and this will obviously have an
impact on the sector. So, in summary, we see
the domestic sector as having experienced
the most significant change to date with more
impactful changes forecast in the future.
What other issues is the company facing
today?
• Heightened competition
• Increasing and more stringent depot
infrastructure and transport legislation
• Labour shortage of available tanker drivers
The main challenge in the labour market
currently relates to the availability of suitably
qualified and experienced tanker drivers. The
younger generation are not entering the
industry, so as older drivers are retiring there
hasn’t been the availability of new drivers to
replace them. We are acutely aware of this
issue and work hard to attract younger drivers
to our business.
Have recent technological advances made
much impact on the business, and, if so
how?
Technological advances within our fleet and
Continued on page 14
How was this last winter with respect to
the kerosene market and how do you see
the business performing over the coming
summer months?
The winter of 2018/2019 was milder than
the previous year and subsequently quieter
in terms of kerosene sales. With regard to
the summer months ahead, we’re obviously
conscious that our kerosene sales are seasonal
and are adept at managing this cycle by
focusing our business activity on the other
market sectors that we supply.
Texoil driver, John Quinn, beside
an easily recognisable fleet
A brief history of Texaco, Texoil and Valero in Ireland
Texaco’s presence in Ireland goes back over 90 years. The company first came to the country as the Galena-Salena Oil Company (of Ireland) in
1924. Following the formation of the Texas Corporation in 1926, the company changed its name to The Texas Company of Ireland in 1929 and
then to Caltex in 1951. In 1967 the company became Texaco (Ireland) Ltd.
The merger between Chevron and Texaco in 2001 created the ChevronTexaco Corporation, which became Chevron Corporation in 2007. In
2011, Valero Energy Corporation acquired Chevron Corporation’s Ireland and UK refining and marketing businesses, and the Texaco brand was
licensed to Valero in these markets.
Specifically, in relation to Texoil, this company was set up as a branded equity distributor in 1995 and the Texoil brand is now an integral part of
Valero’s business in Ireland and is the trading name for Valero Marketing Ireland Limited.
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