IPLOM

What IPLOM does

IPLOM S.p.A. (Industria Piemontese Lavorazione Oli Minerali, founded 1931 in Moncalieri and relocated to Busalla in 1943) is a privately held Italian petroleum refinery with annual processing capacity of approximately 2,190,000 tonnes. Its single integrated Busalla site combines atmospheric and vacuum distillation, catalytic hydrotreatment (ITC), hydroconversion, Claus sulfur recovery (97-99.9%), on-site hydrogen production via steam reforming, and a 13.6 MW / 31 t/h cogeneration turbogas unit. Storage totals roughly 310,000 m³ across 58 tanks at Busalla, Fegino (Genoa), Libarna (Alessandria), and Lacchiarella (SIGEMI, Milan). The pipeline at the refinery links directly to the Porto Petroli of Genoa, anchoring its multi-modal distribution.

The product slate covers automotive and heating diesel (gasolio), very low sulfur fuel oils at 0.1% (VLSFO for Northern European ports) and 0.5% (IMO 2020-compliant for maritime bunkers outside ECAs), bitumen, virgin naphtha, recovered liquid sulfur, and hydrotreated vegetable oil (HVO) renewable diesel produced on the Mild Hydrocracking unit in partnership with Shell from waste vegetable oil. Marketing is institutional and B2B: wholesale directly from the refinery and depots, via pipeline to port, by road tanker (autobotti), by ship, and through an affiliated commercial-company network (Petroli Firenze, Restiani, Centrocalor, Distribuzione Petroli, Bruschiemuller) serving Northern Italy automotive, agricultural, heating, and industrial end-customers. Direct employment sits at 250+ with roughly 500 induced jobs around the refinery, the storage depots, and Porto Petroli.

Revenue mechanics are B2B wholesale, transaction-based, and quote-driven with no publicly disclosed pricing. The company holds ISO 9001, 14001, 45001, and 50001 certifications, operates under Italian Legislative Decree 231/2001 and the Seveso directive, holds CE marking and a 2024 biofuel certificate, and participates in industry associations (Confindustria Genova as founding member since 1946, UNEM, OCIMF). Active R&D collaborations include the C.I.R.C.L.E. hydrogen/CO2 project and drone-based environmental monitoring under the RAISE ecosystem (MESSAPI), both with the University of Genova.

Name

IPLOM

Legal name

IPLOM S.p.A.

Website

https://iplom.it

Company type

Private

Founded year

1931

Operating status

Operating

Headcount range

251–500 employees

Short description

IPLOM S.p.A. is a privately held Italian petroleum refinery in Busalla (Genoa) operating since 1931 with ~2.19 million tonnes of annual processing capacity, producing low-sulfur diesel, fuel oils, bitumen, naphtha, and HVO renewable diesel for B2B wholesale customers across Northern Italy and maritime export markets.

Ownership category

akta.pro rank

Product category

Petroleum Refining

NAICS

Petroleum Refineries (32411), Petroleum Bulk Stations and Terminals (424710), Pipeline Transportation of Crude Oil (4861)

SIC

Petroleum Refining (2911), Wholesale-Petroleum Bulk Stations & Terminals (5171), Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Refinery Offsites, Storage & Loading (Tankage, Truck/Rail/Marine Loading) (EUALAGAK)

akta.pro secondary industries

Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH), Crude Oil Tank Farms & Terminals (TLAGAKAA), Sulfur & Acid Gas Feedstocks (Sulfur, Sulfuric Acid, Mercaptans) (EUALAHAH)

Keywords

• Petroleum refining
• Crude oil processing
• Marine bunker fuels
• Low sulfur fuel oil
• Bitumen production

Headquarters

HQ city

Busalla

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Petroleum Products Sales: IPLOM generates revenue by refining crude oil and selling finished petroleum products including diesel fuel (gasolio), fuel oils with very low sulfur content, bitumen, and virgin naphtha. Products are sold wholesale to Northern Italy markets and for export, distributed via pipeline, road (autobotti), and ship from their Busalla refinery and storage depots.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

IPLOM owns and operates the 1.9 MT/year IPLOM crude oil refinery in Busalla (Genoa), Italy, refining crude oil into wholesale finished petroleum products including automotive and heating diesel (gasolio), very low sulfur fuel oils (0.1% and 0.5%) for industrial and maritime use, bitumen for road construction, virgin naphtha for petrochemical feedstock, and bio-fuels (HVO) from used vegetable oil. It is also a wholesale distributor of these refined products across Northern Italy and export markets via pipeline, road, and maritime logistics from its Busalla refinery and storage depots in Genoa Fegino, Libarna, and Lacchiarella.

Product overview

IPLOM is an Italian petroleum refinery operating since 1931, located in Busalla (Genoa). The company operates a single integrated refinery producing refined petroleum products including diesel fuel (gasolio) for road transportation and heating, very low sulfur fuel oils (0.1% and 0.5% sulfur) for industrial and maritime applications, bitumen for road construction, virgin naphtha for petrochemical feedstock, and recovered sulfur. The refinery also processes used vegetable oil into bio fuel (HVO) through hydrotreating technology. IPLOM distributes products through its refinery in Busalla, storage facilities in Libarna and Lacchiarella, and via pipeline to the Porto Petroli di Genova. The company operates a cogeneration turbogas unit for internal energy needs and produces hydrogen on-site for use in desulfurization processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Diesel Fuel (Gasolio) Diesel fuel (gasolio) with very low sulfur content for automotive road transportation, commercial traction, and domestic/commercial heating. Sold wholesale across Northern Italy.
• Fuel Oil (Olio Combustibile) Very low sulfur fuel oil for industrial boilers and furnaces, including a 0.1% sulfur grade for Northern European ports and a 0.5% sulfur grade compliant with IMO 2020 standards for maritime bunkers.
• Bitumen Petroleum-derived bitumen for road construction and modified bitumen applications, sold to construction and infrastructure buyers.
• Virgin Naphtha (Virgin Nafta) Light hydrocarbon fraction from crude oil distillation, sold as feedstock for petrochemical plants and gasoline production.
• Bio Fuel (HVO - Hydrotreated Vegetable Oil) Hydrotreated Vegetable Oil produced from used vegetable oil processing via Mild Hydrocracking technology, for renewable diesel and low-carbon fuel applications.
• Bunker Fuels (VLSFO and LSMGO) Maritime bunker fuels meeting IMO 0.5% sulfur cap, including Very Low Sulfur Fuel Oil (VLSFO) and Low Sulfur Marine Gas Oil (LSMGO) grades, supplied to shipping operators at Genoa port and for export.
• Recovered Sulfur (Zolfo) Liquid sulfur recovered from refinery acid gas processing using Claus technology, achieving up to 99.9% recovery rate with the Tail Gas Clean Up Section.

Quantifiable outcome

• 97-99.9% sulfur recovery rate achieved
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Confindustria GenovacoreOthers · 1 January 1946IPLOM was one of the founding members of Confindustria Genova in 1946. The company actively participates in Confindustria activities including Club Ambiente, regional events, and hosted the formation of the Valle Scrivia territorial group at their facility.
• UNEM (Unione Energie per la Mobilità)coreOthersIndustry association for energy and mobility. IPLOM is a member participating in sector activities and initiatives.
• TICASS (Tecnologie innovative per il controllo ambientale e lo sviluppo sostenibile)coreStrategic or Co-development PartnerTICASS is an innovative technologies platform for environmental control and sustainable development. IPLOM collaborates with TICASS on research projects including Progetto MESSAPI for drone-based environmental monitoring and hosts training courses at their facility.
• Università di Genova (University of Genova)coreStrategic or Co-development PartnerActive collaboration with University of Genova Departments of Chemistry and Engineering on research projects and training. Joint projects include water reuse program with reverse osmosis pilot plant, hydrogen production optimization study published in Chemical Engineering Journal, and C.I.R.C.L.E. innovation project for hydrogen furnace modeling.
• Croce Verde BusallaminorStrategic or Co-development PartnerLocal first aid and rescue organization. Collaboration on COVID-19 vaccine hub at refinery and safety training initiatives.
• AIAS (Associazione Italiana Addetti alla Sicurezza)minorStrategic or Co-development PartnerItalian association of safety professionals. IPLOM HSE Manager Gianfranco Peiretti is regional coordinator of AIAS. Joint activities include safety training, 'Italia Loves Sicurezza' initiatives, and school safety education programs.
• OCIMF (Oil Companies International Marine Forum)minorOthersInternational association of oil companies for maritime safety and environmental protection. IPLOM is a member.
• RAISE Ecosystem (Robotics and AI for Socio-Economic Empowerment)coreStrategic or Co-development PartnerRAISE is a Ligurian ecosystem funded by MUR with PNRR investment to promote AI and robotics technology transfer. IPLOM participates in MESSAPI project (Spoke 3) developing drone-based environmental monitoring systems for industrial sites, in collaboration with Infosolution, Università di Genova, and other partners.
• Polo EASS (Energia, Ambiente, Sviluppo Sostenibile)minorStrategic or Co-development PartnerLigurian technology pole for energy, environment and sustainable development. IPLOM participates as associated member, contributing to innovation and networking activities.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Saras S.p.A. Italian independent refiner operating the Sarroch refinery in Sardinia with similar mid-scale capacity (~3.9Mtpa), producing gasoline, diesel, and bunkers; comparable in serving Mediterranean wholesale and export markets.
• API Raffineria S.p.A. Italian independent refiner based at Falconara Marittima, comparable in scale and a regional wholesale supplier of diesel and fuel oils; competes head-to-head in the Northern/Central Italy refined products market.
• ISAB S.r.l. (Priolo Gargallo refinery): Italian independent refiner operating the Priolo Gargallo facility in Sicily; similar mid-scale merchant refining profile and exposure to Mediterranean bunker/export markets.

Broad incumbents

• Eni S.p.A. Italy's integrated oil major with domestic refining (Sannazzaro, Livorno) plus retail and wholesale networks; overlapping in domestic wholesale markets but substantially larger and integrated upstream-to-downstream.
• TotalEnergies SE: Global integrated major refining and marketing refined products across Europe including Italy; comparable in marine bunker and low-sulfur fuel offerings but operates with much broader geographic and portfolio scale.
• Repsol S.p.A. / Repsol S.A. Integrated European refiner with Mediterranean refinery assets (Cartagena) and significant low-sulfur fuel production for maritime; comparable in IMO-compliant product slate but with materially larger scale.

Regional players

• MOL Group: Central European integrated refiner with Danube/Slovnaft and Croatian refineries producing diesel and bunker fuels; comparable product slate and European export focus but primarily Central European rather than Italian-territory.
• Rompetrol (KMG International): Mid-sized regional refiner operating the Petromidia refinery in Romania with similar product mix (diesel, fuel oil, bitumen, naphtha) and export orientation; overlaps with IPLOM in Mediterranean product flows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubevimeo.com/iplom
• LinkedInlinkedin.com/company/iplom

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IPLOM