Joint Ventures

  • Petroineos

    Petroineos comprises trading and refining joint ventures between INEOS and PetroChina International (London) Company Limited.

    The company which was formed on July 1st 2011 is Europe's leading independent crude oil refiner.

    With two particularly advantaged refineries, it processes more than 420,000 barrels of crude oil per day, to produce in the region of 20 million tonnes of fuels per annum. Petroineos refineries are strategically located at Grangemouth Scotland and Lavéra France and are both fully integrated with co-sited petrochemical assets of the Company. Close proximity to feedstocks and customers are key elements of its strength. The company employs around 1,000 people and has a turnover of around $15bn.

    The Grangemouth refinery is located on the Firth of Forth with direct access to crude oil and gas from the North Sea. The Grangemouth refinery processes around 210,000 barrels of crude oil per day and provides fuel to Scotland, Northern England and Northern Ireland. 

    The Lavéra refinery processes 210,000 barrels of crude oil per day. It is located on the coast of the Mediterranean crude oil trading basin, next to the port of Marseille. The refinery supplies fuel by pipelines into France, Switzerland and Southern Germany.

    Petroineos sites remain integrated into INEOS' downstream petrochemical production.

    Product Portfolio

    • Gasoline
    • Diesel
    • Jet-fuel (ATK)
    • LPG
    • Kerosene (RSK)
    • Gas Oil/Heating Oil
    • Fuel Oil 

    Headquarters

    • London