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CEO Chan Hian Siang noted that “ethane remains cheaper than alternative feedstocks,” underscoring the company’s commitment to cost leadership and innovation. |
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It is one of the Middle East’s leading and most sophisticated refineries, processing over 400,000 barrels per day (b/d) of Arabian Light crude oil. It is one of the oldest and largest refineries in the Kingdom, exporting products to Europe, North America, and Asia. The refinery previously underwent a clean fuels upgrade in 2014 to reduce sulfur content in its products. The refinery is notable for its high yield of gasoline and distillate products, exceeding 80% per barrel—higher than many comparable refineries. Its product mix can be adjusted to meet seasonal or market-specific demands, reflecting its processing flexibility.
Recent Announcements:
A Word of Caution: This latest development comes on the heels of Aramco’s recent announcements of other mega-project transformations, including the $10 billion expansion of the SASREF refinery (to add 400,000 b/d of petrochemicals capacity) and the $7 billion upgrade of the Yasref refinery (to integrate a 2.5 million-ton-per-year ethylene cracker). These projects are part of Aramco’s broader $100 billion liquids-to-chemicals program, which aims to shift its downstream focus from fuels to high-value chemicals. However, as industry analysts, while recognizing the impressive scale of the recently announced petrochemical transformation projects, we must caution this ambitious 4 million b/d target faces significant hurdles:
#aramco #tc2c #oiltochemicals #liquidstochemicals #fullbarrelconversion #saudiaramco #exxonmobil #samref #yasref #sinopec #sasref |
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Yantai, China | April 25, 2025 |
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Wanhua Petrochemical (Yantai) Co., Ltd. has been added.
#wanhua #petrochemical #yantai #shandong #china |
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Maruzen Petrochemical and its Chiba and Yokkaichi plants have been created. |
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Mixed feed cracker with KBR SCORE technology has been created and its productions have been added. |
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The description of the Yeosu plant of GS Caltex has been updated. #gscaltex #yeosu #refinery #southkorea |
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July 2, 2018 | KBR SCORE™ Technology Selected for GS Caltex Grassroots Olefins Plant in South Korea 29th Aug 2018 | GS Caltex to Build Olefin Plant in Yeosu for 2.6 Tln Won 11th Nov 2022 | GS Caltex completes construction of $2 billion petrochemicals manufacturing plant. 4th Jul 2024 | Korea’s GS Caltex to debottleneck Yeosu cracker in Sep |
Technology |
As of now, specific details regarding the exact power capacity and startup date for the dam on the Yarlung Zangbo River have not been officially confirmed by Chinese authorities. However, reports suggest that the project is part of China's ambitious plans to significantly expand its hydropower capacity in Tibet, potentially generating tens of gigawatts of electricity. The Yarlung Zangbo River, with its steep gradients and high flow volume, offers substantial hydropower potential. The project is still in the planning and feasibility study stages, and its timeline for construction and operation remains unclear. Given the scale and complexity of such a project, as well as the need for environmental and geopolitical considerations, it may take several years before construction begins and the dam becomes operational. China has emphasized that the project will prioritize sustainable development and consider the interests of downstream countries. However, the lack of detailed information has fueled concerns among neighboring nations and environmental groups. Further updates are expected as the project progresses through planning and approval stages. |
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Yangzi-BASF Light Hydrocarbon Comprehensive Utilization Project with 1 million tonnes steam cracker begins construction, receives environmental impact assessment. |
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7th Sep 2024 | Source: DT New Materials, via Sohu.com |
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![]() Changling Refinery information details have been updated and its crude oil processing capacity adjusted to 8 million tonnes per year. |
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Shaanxi Beiyuan Chemical Group Co. Chemical Branch (Jinyuan Chemical) and Shenmu site have been created. |
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Shenmu Fuyou Energy Technology Co., Ltd. and production site in Yulin City, Shaanxi Province, have been added. It is a coal to chemical producer and a subsidiary of Shaanxi Coal Group. |
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![]() Shaanxi Yanchang Coal Yulin Energy and Chemical and Jingbian production site have been added. |
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Shaanxi Yulin Energy Group Co., Ltd. has been added. #shaanxi #yulin #yulinenergygroup #china #coal #coaltochemical |
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![]() Shaanxi Yulin Energy Chemical New Materials Co., Ltd. and manufacturing site created. Project is co-located with Yulin Energy Fine Chemicals Co., Ltd. |
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Shaanxi Coal Group Yulin Chemical and the two-phases of the coal-to-chemical projects in Shenmu have been added. |
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Yulin Energy Fine Chemicals Co., Ltd. and manufacturing site created. Details about actual activities of the site are not clear. |
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Styrene plant with production capacity has been added.
#shandong #heze #yuhuanchemical #styrene #ruihua #china |
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Sustainability |
#Yasref is jointly evaluating biofuels and plastic co-processing with Saudi Aramco (R&D) and SABIC for future refined products. This comes In liaison with our commitment to sustainability and decarbonization. Yasref remains steadfast to contribute to a #greenerfuture and economic growth. |