Unlocking the greater potential value inherent in our resources lies at the heart of our chemicals strategy. Since entering the chemicals business in 1998, we have sought to maximize the value of every hydrocarbon molecule we produce and have created a diversified portfolio of non-oil revenue streams for the company.

As today’s fastest growing crude oil demand sector, chemicals presents considerable opportunities for future growth and long-term value creation. Our chemicals business currently spans the production of basic chemicals such as aromatics, olefins, and polyolefins to more complex products such as polyols and advanced synthetic rubber. Our chemicals products are found in the many of the items we use every day and serve the needs of industries such as packaging, automotive, footwear and appliances. Our global refining network and petrochemicals portfolio secures dedicated outlets for our crude oil in strategic growth markets, enabling us to control and optimize costs across our supply chain, and supporting resilience, especially in times of crude oil price volatility. Our global network includes joint ventures with global industry leaders, including DowDuPont (Sadara), ExxonMobil (SAMREF), Sinopec (Yasref), Sumitomo (PetroRabigh), and Total (SATORP).

Crude oil to chemicals

Together with SABIC in our family of companies, Aramco is working to commercialize innovative crude to chemicals (CO2) technologies, positioning us as a preeminent player in the global petrochemicals industry.

Our C2C technologies aim to remove or streamline several conventional industrial processes, resulting in chemicals that are less expensive to produce while at the same time reducing the carbon footprint associated with this use of our oil. For those who dwell outside the chemicals world, the program’s objective sounds relatively simple — the direct and optimized conversion of crude oil to chemicals. But chemical engineers and chemists know the reality behind this seemingly straightforward proposition. And at the Research and Development Center (R&DC) in Dhahran, our scientists are determined to break new ground.