My-Analogous
SENIOR MEMBER
- Joined
- Feb 9, 2009
- Messages
- 7,013
- Reaction score
- 2
- Country
- Location
• Pak-Arab Refinery Limited (MCR), 100,000 bbl/d (16,000 m3/d)
• National Refinery Limited (NRL), 64,000 bbl/d (10,200 m3/d)
• Attock Refinery Limited (ARL), 46,000 bbl/d (7,300 m3/d)
• Byco Petroleum Pakistan Limited (Byco), 155,000 bbl/d (24,800 m3/d) (120,000+ 35,000 old one)
• Pakistan Refinery Limited (PRL), 50,000 bbl/d (7,900 m3/d)
• Enar Petroleum Refining Facility (Enar), 3,000 bbl/d (480 m3/d)
Total production 418,000 bbl/d (66,880 m3/d) out of required quantity 460,000 bbl/d (73,600 m3/d)
Byco in Brief
Byco is Pakistan’s emerging energy companies engaged in the businesses of oil refining, petroleum marketing, chemicals manufacturing and petroleum logistics. Headquartered in Karachi, we are serving our mission to fulfill the energy demand within and beyond borders.
Companies under Byco umbrella are:
• Byco Oil Pakistan Limited (BOPL)
• Oil Refining & Chemical Manufacturing
• Byco Petroleum Pakistan Limited (BPPL)
• Oil Refining & Petroleum Marketing
• Byco Terminals Pakistan Limited (BTPL) formerly Universal Terminal Limited)
• Infrastructure & Logistics
We are engaged in manufacturing of a wide range of petroleum products with the objective to achieve sustainable productivity, profitability and high standards of care for environment, health and safety.
Byco's operational refinery has a capacity to refine 35,000 barrels a day of crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil. We are also expanding our refining complex by setting up another refinery with the capacity of 120,000 barrels per day which is near to completion.
We take pride in having the largest capacity crude oil storage tanks in the country. Our petroleum distribution network supports movement of petroleum products and provide greater economies of scale.
Our marketing network supports retail outlets in more than 80 cities all over Pakistan and is an emerging leader in oil marketing sector of our economy.
Our diverse and highly skilled workforce consists of approximately 600 dedicated employees shared among Byco companies.
Ownership Structure
Abraaj Capital Limited (ACL) 40%
Byco group Pakistan Ltd 60 %
Company Histroy
Byco Group was founded by the Founder Chairman, Mr. Parvez Abbasi (Late) in mid-90’s with the vision to pioneer the change in the energy sector of Pakistan. With his vision, the company Byco Petroleum Pakistan Limited was formed in January 1995 as public limited company.
Byco installed its first oil refinery with a 30,000 barrels a day at Mouza Kund, Hub Balochistan and started its commercial production from July 1, 2004 with various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.
In 2008, the company decided to enter into the Petroleum Marketing Business and set up the first retail outlet, and since then the retail network has grown immensely.
After the first refinery implementation, the group decided to commence another project to implement a 120,000 barrels a day refinery under the new company Byco Oil Pakistan Limited in 2008.
The group also brought an aromatic plant to be implemented in near future.
In February 2008, realizing the immense potential that Byco companies possesses, Abraaj Capital Limited (ACL), a leading private equity firm of Middle East, North Africa and South Asia (MENASA) invested in private equity.
Historical Highlights
1995Incorporation of Byco Petroleum Pakistan Limited (BPPL)
Byco Petroleum Pakistan Limited was incorporated in Pakistan as a public limited company on January 09, 1995 and was granted a certificate of commencement of business on March 13, 1995. The shares are listed on Karachi, Lahore and Islamabad Stock Exchanges.
2001Relocation of BPPL Refinery
Commencement of construction of refinery (ORC I).
2004Commencement of commercial operations
The Company started its commercial production from July 1, 2004 refining crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.
2006SAP Implementation
SAP enterprise resource planning, one of the leading ERP software is active with strong presence in the Organization since 2006. This has enhanced system efficiencies by providing real time information to the Management for decision making.
2007First Retail Outlet
Byco commenced the sale of petroleum products with the establishment of its first retail outlet in July 2007 near Sukkur.
2007Isomerization Unit
Byco Petroleum Pakistan Limited acquired first Isomerization Unit in the Country.
2008Revamp and Debottlenecking
BPPL Refinery Capacity was revamped and debottlenecking was done.
2008Joint venture with Abraaj Capital Limited
Abraaj Capital Limited (ACL), a leading private equity firm of Middle East, North Africa and South Asia (MENASA), joined hands with Byco group. Under the agreed arrangement, Abraaj acquired 40 % share in Byco group.
2008Relocation of Byco Oil Pakistan Limited (BOPL) Refinery
Commencement of construction of 120,000 bpd refinery.
2009Petroleum Marketing Business
Byco Petroleum Pakistan Limited entered into the Oil Marketing arena by formally relaunching its Petroleum Marketing Business formerly Oil Marketing Unit.
2009Completion of Storage Tanks
Byco Petroleum Pakistan Limited built the largest capacity Storage Tanks in the country.
2010Acquisition of BTPL (formerly UTL) by Byco Petroleum Pakistan Limited
Byco Petroleum acquired 100% shares of Byco Terminals Pakistan Limited (formerly Universal Terminal Limited) - with a terminal at Kemari, Karachi.
2010Capacity Enhancement of Byco Petroleum Pakistan Limited Refinery
ORC I refining capacity was enhanced to 35,000 bpd.
2010Rebranding Byco
An unparalleled and unique brand architecture exercise was performed by international brand consultants to position Byco over and above its competition. This exercise was aimed to strengthen the corporate image and enabling to compete locally and globally.
2010Single Point Mooring and Pipeline Project
Project for Single Point Mooring and Pipeline network was initiated after a ground breaking project ceremony.
After this project give full production Pakistan will able to produce 90% refine oil of its requirement and save lot of $$$$
Other projects in pipeline
• Indus Oil Refinery Ltd, 100,000 bbl/d (16,000 m3/d) (not yet operational)
• Khalifa Coastal Refinery, 300,000 bbl/d (48,000 m3/d) (not yet operational)
• Trans Asia Refinery, 100,000 bbl/d (16,000 m3/d) (not yet operational)
• National Refinery Limited (NRL), 64,000 bbl/d (10,200 m3/d)
• Attock Refinery Limited (ARL), 46,000 bbl/d (7,300 m3/d)
• Byco Petroleum Pakistan Limited (Byco), 155,000 bbl/d (24,800 m3/d) (120,000+ 35,000 old one)
• Pakistan Refinery Limited (PRL), 50,000 bbl/d (7,900 m3/d)
• Enar Petroleum Refining Facility (Enar), 3,000 bbl/d (480 m3/d)
Total production 418,000 bbl/d (66,880 m3/d) out of required quantity 460,000 bbl/d (73,600 m3/d)
Byco in Brief
Byco is Pakistan’s emerging energy companies engaged in the businesses of oil refining, petroleum marketing, chemicals manufacturing and petroleum logistics. Headquartered in Karachi, we are serving our mission to fulfill the energy demand within and beyond borders.
Companies under Byco umbrella are:
• Byco Oil Pakistan Limited (BOPL)
• Oil Refining & Chemical Manufacturing
• Byco Petroleum Pakistan Limited (BPPL)
• Oil Refining & Petroleum Marketing
• Byco Terminals Pakistan Limited (BTPL) formerly Universal Terminal Limited)
• Infrastructure & Logistics
We are engaged in manufacturing of a wide range of petroleum products with the objective to achieve sustainable productivity, profitability and high standards of care for environment, health and safety.
Byco's operational refinery has a capacity to refine 35,000 barrels a day of crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil. We are also expanding our refining complex by setting up another refinery with the capacity of 120,000 barrels per day which is near to completion.
We take pride in having the largest capacity crude oil storage tanks in the country. Our petroleum distribution network supports movement of petroleum products and provide greater economies of scale.
Our marketing network supports retail outlets in more than 80 cities all over Pakistan and is an emerging leader in oil marketing sector of our economy.
Our diverse and highly skilled workforce consists of approximately 600 dedicated employees shared among Byco companies.
Ownership Structure
Abraaj Capital Limited (ACL) 40%
Byco group Pakistan Ltd 60 %
Company Histroy
Byco Group was founded by the Founder Chairman, Mr. Parvez Abbasi (Late) in mid-90’s with the vision to pioneer the change in the energy sector of Pakistan. With his vision, the company Byco Petroleum Pakistan Limited was formed in January 1995 as public limited company.
Byco installed its first oil refinery with a 30,000 barrels a day at Mouza Kund, Hub Balochistan and started its commercial production from July 1, 2004 with various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.
In 2008, the company decided to enter into the Petroleum Marketing Business and set up the first retail outlet, and since then the retail network has grown immensely.
After the first refinery implementation, the group decided to commence another project to implement a 120,000 barrels a day refinery under the new company Byco Oil Pakistan Limited in 2008.
The group also brought an aromatic plant to be implemented in near future.
In February 2008, realizing the immense potential that Byco companies possesses, Abraaj Capital Limited (ACL), a leading private equity firm of Middle East, North Africa and South Asia (MENASA) invested in private equity.
Historical Highlights
1995Incorporation of Byco Petroleum Pakistan Limited (BPPL)
Byco Petroleum Pakistan Limited was incorporated in Pakistan as a public limited company on January 09, 1995 and was granted a certificate of commencement of business on March 13, 1995. The shares are listed on Karachi, Lahore and Islamabad Stock Exchanges.
2001Relocation of BPPL Refinery
Commencement of construction of refinery (ORC I).
2004Commencement of commercial operations
The Company started its commercial production from July 1, 2004 refining crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.
2006SAP Implementation
SAP enterprise resource planning, one of the leading ERP software is active with strong presence in the Organization since 2006. This has enhanced system efficiencies by providing real time information to the Management for decision making.
2007First Retail Outlet
Byco commenced the sale of petroleum products with the establishment of its first retail outlet in July 2007 near Sukkur.
2007Isomerization Unit
Byco Petroleum Pakistan Limited acquired first Isomerization Unit in the Country.
2008Revamp and Debottlenecking
BPPL Refinery Capacity was revamped and debottlenecking was done.
2008Joint venture with Abraaj Capital Limited
Abraaj Capital Limited (ACL), a leading private equity firm of Middle East, North Africa and South Asia (MENASA), joined hands with Byco group. Under the agreed arrangement, Abraaj acquired 40 % share in Byco group.
2008Relocation of Byco Oil Pakistan Limited (BOPL) Refinery
Commencement of construction of 120,000 bpd refinery.
2009Petroleum Marketing Business
Byco Petroleum Pakistan Limited entered into the Oil Marketing arena by formally relaunching its Petroleum Marketing Business formerly Oil Marketing Unit.
2009Completion of Storage Tanks
Byco Petroleum Pakistan Limited built the largest capacity Storage Tanks in the country.
2010Acquisition of BTPL (formerly UTL) by Byco Petroleum Pakistan Limited
Byco Petroleum acquired 100% shares of Byco Terminals Pakistan Limited (formerly Universal Terminal Limited) - with a terminal at Kemari, Karachi.
2010Capacity Enhancement of Byco Petroleum Pakistan Limited Refinery
ORC I refining capacity was enhanced to 35,000 bpd.
2010Rebranding Byco
An unparalleled and unique brand architecture exercise was performed by international brand consultants to position Byco over and above its competition. This exercise was aimed to strengthen the corporate image and enabling to compete locally and globally.
2010Single Point Mooring and Pipeline Project
Project for Single Point Mooring and Pipeline network was initiated after a ground breaking project ceremony.
After this project give full production Pakistan will able to produce 90% refine oil of its requirement and save lot of $$$$
Other projects in pipeline
• Indus Oil Refinery Ltd, 100,000 bbl/d (16,000 m3/d) (not yet operational)
• Khalifa Coastal Refinery, 300,000 bbl/d (48,000 m3/d) (not yet operational)
• Trans Asia Refinery, 100,000 bbl/d (16,000 m3/d) (not yet operational)