Yanbu Aramco Sinopec Refining Company (YASREF)
Yanbu Aramco Sinopec Refining Company Ltd. (YASREF) is a world-class joint venture between Saudi Aramco (62.5%) and China Petroleum & Chemical Corporation – Sinopec (37.5%), strategically located in Yanbu Industrial City on the western coast of Saudi Arabia. As one of the most advanced full-conversion refineries in the region, Yasref plays a vital role in supplying high-quality refined products to both domestic and international markets. Since commencing operations in 2014, the company has become a cornerstone of Saudi-Chinese energy collaboration and a key driver of industrial growth and economic diversification in the Kingdom of Saudi Arabia.