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ADNOC Captures More Value Through Product Diversification

White Spirit and Solvents produced by ADNOC Refining now supplied to local and international markets

Expanded product range creates opportunities for local manufacturing 

ADNOC continues to stretch the margin from every barrel of oil produced, refined, shipped and sold

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Abu Dhabi, UAE – February 16, 2020: The Abu Dhabi National Oil Company (ADNOC), announced today, that it has added White Spirit and Solvents to its refined products portfolio. This allows ADNOC to capture more value from Abu Dhabi’s natural resources, producing products that can be used by domestic industry to promote In-Country manufacturing, while also expanding its market reach internationally. 

White Spirit & Solvents are produced by ADNOC Refining in Ruwais. These specialty products have various industrial and household applications and are used to produce products such as varnish, adhesives, inks, paint thinners and cleaning agents. 

Mr. Abdulla Ateya Al Messabi, CEO of ADNOC Refining, said: “In our Refineries, we continue to focus on stretching the margin from every barrel of oil that we process.  I am proud of our teams who responded swiftly and efficiently to market dynamics, expanding and diversifying our product range and unlocking value from our operations and resources. These products will enable ADNOC to extend its reach to new markets and widen its customer base.” 

The expansion of ADNOC's product range is also part of its broader downstream 2030 Smart Growth Strategy. The strategy capitalizes on Abu Dhabi's proximity to global growth markets, access to competitive feedstock, and its attractive fiscal and regulatory environment. Since launching the strategy in 2018, ADNOC has attracted significant foreign investment into Ruwais and expanded downstream partnerships across its refining, fertilizer, and pipeline assets. This strategy is transforming Ruwais into a world-class and globally competitive chemicals cluster, stimulating private sector activity and long-term specialized employment opportunities, particularly for those from the Al Dhafra region.

ADNOC Refining produces more than 40 million metric tons of high-quality refined products to markets around the world. It has the capacity to refine more than 922,000 barrels of crude oil and condensate per day into various products, including liquefied petroleum gas, naphtha, gasoline, jet fuel, diesel, base oil, and petrochemical feedstock; such as propylene. It also produces specialty products such as carbon black and calcined coke. 

Since 2019 ADNOC Refining has been run as a joint venture company between ADNOC and the European energy firms Eni and OMV.

Release Details

February 16, 2021
Abu Dhabi

About ADNOC

ADNOC is a leading diversified energy and petrochemicals group. Headquartered in Abu Dhabi, ADNOC is a primary catalyst for the UAE’s growth and diversification. To find out more, visit www.adnoc.ae

For media inquiries please contact:

Philip Robinson
Manager, ADNOC External Relations
+971 (0) 50 504 4934
probinson@adnoc.ae