How do petrochemicals companies use oil derivatives?

Petrochemical companies use oil derivatives as feedstocks for the production of a wide range of products These companies convert olefin production to downstream products,

such as plastics, synthetic rubber, fibers, and other chemicals used in various industries The choice of feedstock depends on the market conditions,

with natural gas being preferred when prices are low and crude oil when prices are high The petrochemical industry is intertwined with the crude oil market,

with rising and falling crude prices directly affecting the production, investment, and financial decisions of petrochemical companies The industry has been facing a moment of truth due to the worsening climate crisis,

with the IEA urging oil and gas companies to invest more in clean energy and reduce their carbon footprint The scale of plans to turn oil into petrochemicals may radically reshape this industry,

with the potential emergence of a new breed of Supermajors or a more regionalized petrochemicals world where local plants increasingly supply local markets.

Hermes Petro Refinery, established in the 2000s, has achieved steady growth through its highly experienced workforce, global collaborations, and cutting-edge technology. This state-of-the-art facility exemplifies efficiency, sustainability, and power, transforming raw resources into vital energy sources.

Hermes Refinery represents a remarkable fusion of innovation and environmental responsibility. Its imposing infrastructure symbolizes progress and its commitment to a cleaner, prosperous future.

With meticulous engineering and unwavering dedication, Hermes Refinery sets new standards in refining while prioritizing environmental stewardship.

By harnessing years of experience and expertise, Hermes Refinery aims to become a prominent Iranian production complex, serving the homeland and forging partnerships with large companies worldwide.

It seeks to foster collaborations, exchange information and technology, and meet the diverse product requirements of its business partners. We invite you to join forces with us, benefiting from the exceptional capabilities of Hermes Refinery.

Together, we can achieve excellence, with our main focus being your success. Hermes Company currently operates offices in Shiraz and Tehran, Bandar Abbas, Turkey and Oman.

visit our products.