Company Profile:
SAUDI ARAMCO TOTAL REFINING&PETROCHEMICAL COMPANY (SATORP)
Nature of Business: Factory (Refinery and Petrochemical Manufacturer)
Company Introduction:
SAUDI ARAMCO TOTAL REFINING&PETROCHEMICAL COMPANY (SATORP) is a joint venture between Saudi Aramco (62.5%) and TotalEnergies (37.5%). It operates a world-class, fully integrated refining and petrochemical complex located in Jubail Industrial City, Saudi Arabia.
SATORP is a manufacturing entity, not a trader. Its primary function is the processing of crude oil into a wide range of refined products and petrochemicals. The company's operations are crucial for meeting the demand for energy and chemical products both domestically within Saudi Arabia and for export markets.
Key Aspects:
Full Name: SAUDI ARAMCO TOTAL REFINING&PETROCHEMICAL COMPANY (SATORP)
Type: Joint Venture, Manufacturer, Refinery, Petrochemical Producer
Location: Jubail Industrial City, Saudi Arabia
Ownership: Saudi Aramco (62.5%), TotalEnergies (37.5%)
Core Activities: Crude oil refining, production of petrochemicals, and various refined petroleum products.
Products: Diesel, jet fuel, gasoline, benzene, paraxylene, propylene, and other high-value refined products and petrochemicals.
Significance: SATORP is one of the most advanced and integrated refining and petrochemical complexes globally, playing a vital role in Saudi Arabia's downstream industry and global energy supply chain.