BP Amoco announced a change in its company name to BP.
BP Amoco, London, announced a change in its company name to BP, with the name of the company’s chemicals business becoming BP Chemicals. The company said the move will “strengthen the sense of identity and common purpose” of its operations worldwide following a $120 billion series of mergers and acquisitions over the past two years. Those deals include a merger with Amoco Corp. and the acquisition of Atlantic Richfield Co. (ARCO).
Company News: BP Amoco
September 26, 2000