Byco
Byco Oil Pakistan Limited is a Pakistani petroleum company which is a subsidiary of Mauritius-incorporated company Byco Industries Incorporated.[1] It is based in Karachi, Pakistan.
| Public | |
| Traded as | PSX: BYCO |
| Industry | Petroleum |
| Founded | 1995 |
| Headquarters | Karachi, Pakistan |
Area served | Pakistan |
| Website | www |
It works in oil refining, petroleum marketing, and petroleum logistics business in Pakistan.[2]
History
Byco is Pakistan's largest oil refinery by design capacity (155,000 barrels per day) and is the nation's only firm having a dedicated Single Point Mooring (SPM).[3] Byco's SPM the first and only liquid port in the country, and the company employs a round-the-clock crew dedicated for the safety and security of the buoy and vessels in and around the SPM's anchorage area. The SPM is Pakistan's only terminal having a tier 3 oil spill response membership.
Byco refines crude oil into various marketable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil. Byco is proud to have the largest capacity crude oil storage tanks in the country. The firm's petroleum distribution network supports movement of petroleum products and provides greater economies of scale. Byco's marketing network supports retail outlets in more than 100 cities all over Pakistan and is an emerging player in Pakistan's oil marketing sector. Byco's diverse and highly skilled workforce consists of approximately 1000 dedicated employees across Byco's divisions.