Manufacture of refined petroleum products

NACE code 19.2 covers the manufacture of refined petroleum products, a critical industry that plays a vital role in the global economy. This sector is responsible for transforming crude oil and other feedstocks into a wide range of essential fuels, lubricants, and petrochemical products that power industries, transportation, and modern life. As a key component of the energy supply chain, the manufacture of refined petroleum products is a strategically important industry that supports economic growth and development worldwide.

The manufacture of refined petroleum products involves a complex series of processes, primarily centered around the distillation and refining of crude oil. The main production techniques include fractional distillation, which separates crude oil into its various components based on their boiling points, as well as catalytic cracking, hydrocracking, and other advanced refining methods that further process the distilled fractions into high-value end products.

The primary input for this industry is crude oil, which is sourced from oil fields and transported to refineries. Other significant inputs include natural gas liquids, catalysts, and various chemicals used in the refining process. Specialized equipment, such as distillation towers, reactors, and storage tanks, are also essential for the manufacture of refined petroleum products.

The manufacture of refined petroleum products yields a diverse range of outputs, including gasoline, diesel fuel, jet fuel, kerosene, lubricating oils, and a variety of petrochemical feedstocks. These refined products are then consumed by a wide range of other industries, such as 49.5 Air transport, 49.3 Land transport and transport via pipelines, and 20.1 Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms.