WORTHBUY GROUP
Oil Department,
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. Most petroleum is converted into petroleum products, which include several classes of fuels.
According to the composition of the crude oil and depending on the demands of the market, refineries can produce different shares of petroleum products. The largest share of oil products is used as "energy carriers", i.e. various grades of fuel oil and gasoline. These fuels include or can be blended to give gasoline, jet fuel, diesel fuel, heating oil, and heavier fuel oils. Heavier (less volatile) fractions can also be used to produce asphalt, tar, paraffin wax, lubricating and other heavy oils. Refineries also produce other chemicals, some of which are used in chemical processes to produce plastics and other useful materials. Since petroleum often contains a few percent sulfur-containing molecules, elemental sulfur is also often produced as a petroleum product. Carbon, in the form of petroleum coke, and hydrogen may also be produced as petroleum products. The hydrogen produced is often used as an intermediate product for other oil refinery processes such as hydrocracking and hydrodesulfurization.
Oil and petroleum products such as gasoline, jet fuel, diesel, and fuel oil are an essential part of the global energy mix today, used for transportation by a wide range of industries. They will continue to play an important role in supporting growing global energy demand during the transition currently underway to a low-carbon economy.
As one of the world’s largest suppliers of energy, our teams have significant expertise in moving oil and petroleum products to customers around the world - safely, reliably and efficiently.
Petrochemical Department,
The petrochemical industry is a bedrock of modern life. In 2022, the petrochemical industry marked its significance in the global economy, accounting for more than 12.1 percent of oil demand within OECD countries. Petrochemicals transform raw materials derived from processing oil and gas into a myriad of products that are integral to daily life, ranging from plastics, synthetic fibers, and fertilizers to adhesives, dyes, detergents, and synthetic paints and coatings. The market value of petrochemicals surged to 584.5 billion U.S. dollars in 2022, reflecting the industry’s expansive reach and the persistent worldwide demand for its products.
Raw Material Department,
Industrial raw materials used in all industries, especially those related to oil and petrochemical products, can be easily supplied by our company. So, you can contact us and request your order to get the Quotations ASAP.
