In the final phase of the value chain, known as downstream, crude oil is refined to produce fuels such as gasoline, diesel and kerosene, while oil and gas products are processed into various materials that are used to make plastics and a wide variety of chemicals such as the base for detergents.
Refining & Petrochemicals Portfolio Highlights
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Borealis
Headquartered in Vienna, Austria, Borealis is one of the largest polyolefin producers in the world and co-owner of Borouge of Abu Dhabi.
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Borouge
A groundbreaking company at the forefront of the next generation of plastics innovation.
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Cosmo Energy Holding
Cosmo Oil, based in Japan, is a fully integrated operator in the upstream, midstream and downstream sectors and one of Japan’s largest oil refining and marketing companies.
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Nova Chemicals Corporation (Nova Chemicals)
Petrochemical company producing ethylene, polyethylene and a range of other products and technology.
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PAK-ARAB Refinery (PARCO)
A fully integrated energy company focused on oil refining, oil and products pipeline, storage and marketing.
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