YASREF: The Yanbu Aramco Sinopec Refining Company is a joint venture between Saudi Aramco and China Petrochemical Corporation (Sinopec). It operates a world-class, full-conversion refinery that covers approximately 5.2 million square meters in the Yanbu Industrial City and is considered to be a key anchor project for the future of Yanbu. YASREF processes 400,000 barrels per day (bpd) of Arabian heavy crude oil to produce premium transportation fuels as well as high-value refined products for both international and domestic markets.
YASREF’s products include 90,000 bpd of gasoline, 263,000 bpd of ultra-low sulfur diesel, 6,200 metric tons per day (mtd) of petcoke, 1,200 (mtd) of sulfur, and 140,000 tons per year of benzene. The company provides its products directly to its owners who market them internationally. It’s an organization with worldwide reach but still focusses its benefits back in Yanbu and Saudi Arabia.