Oil Products and Petrochemicals
The activity of this sector focuses on:
1- Oil Products
IBD has been interested in importing and exporting oil products, not only from Saudi Arabia but also from Gulf State. The main transactions conducted by IBD covered diesel (D2), Buncker (D6) and gas oil. Other products of interest where LPG and gasoline.
2- Petrochemicals: This sector includes:
a- Polypropylenes.
b- Polyethylene.
The Company arranges the transactions of this sector directly. It sells such products through its importers. Export processes are concentrated particularly to be for West Europe and some territories in Asia. Besides, it organizes purchasing processes through the producing and consuming companies.