Petroineos Trading Limited (Petroineos) is the refining and energy trading joint venture of INEOS and PetroChina, established in 2011. The company manages crude oil sourcing, supply and offtake, and the marketing of refined products and petrochemical feedstocks across the UK and continental Europe. Through affiliated manufacturing entities, the group operates major European refineries at Grangemouth (UK) and Lavéra (France), connected to extensive marine, pipeline and storage infrastructure.
Petroineos’ product slate includes transportation fuels such as gasoline, diesel and jet fuel, as well as naphtha, LPG, fuel oil, bitumen and sulfur. The company is a key supplier of refinery-derived streams that feed the chemical value chain, notably naphtha and LPG for steam cracking and propylene and aromatics for downstream derivatives. Its refineries are closely integrated with regional petrochemical assets, including adjacent operations at Grangemouth, supporting reliable feedstock supply to polymer and chemical producers.