Repsol YPF is an integrated international oil and gas company with chemical activities principally in Spain, Argentina, and Portugal where basic petrochemical production focuses on olefins and aromatics. In chemical derivatives, the three main products are polyolefin, intermediate products and industrial products manufactured by
Repsol Quimica.
Repsol’s strategic plan is based on three fundamental premises: growth, transformation of portfolio and profitability. The primary objective for Repsol is to guarantee sustainable dividend growth for its shareholders.
Repsol will implement a strategy of profitable growth for all of its businesses, based on the
optimisation of existing projects, the development of new projects, and the analysis of possible business opportunities in areas of interest to the company. It states that the downstream business which includes chemicals will contribute solid growth and stable cash flow for the company.
The Repsol chemical business is believed to hold a 'sound position in international markets', strengthened by a high integration with the refining and exploration and production business areas, access to competitive technologies and the company's ongoing efforts in cost contention.
Profits from Repsol's chemical operations during 2007 reached €231m, with sales of petrochemical products reaching 4.9bn tonnes.
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Key Personnel
Chairman and CEO: Antonio Brufau
Member: Luis Suarez de Lezo
Member: Fernando Ramirez
Member: Patricia Mantel
Member: Jaume Giro
Member: Javier Macian
Member: Miguel Angel Devesa
Member: Miguel Martínez
Member: Cristina Sanz
Member: Antonio Gomis Saez
Member: Pedro Fernandez Frial
Member: Nemesio Fernandez-Cuesta
Member: Enrique Locutura Ruperez
(Updated November 2008)
Contacts
Paseo de la Castellana, 278-280
28046 Madrid
Spain
Tel: +34 91 348 8000
Fax: +34 91 314 2821
http://eng.repsol-ypf.com
Repsol YPF
Company Structure
Repsol YPF is an oil, chemical and gas company, carrying out activities in exploration and production, refining, distribution and marketing of chemicals, natural gas and electricity. In 1999, Repsol acquired 97.5% of YPF, a leading company in Argentina and one of the largest in Latin America. YPF is engaged in exploration, production, refining and marketing of oil, and petrochemical activities. In June 2007, the board of Repsol-YPF approved the creation of two new divisions, which are part of a larger organisational change.
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Repsol YPF
Strategy & Financial Highlights
Repsol's strategic plans defines the company's principal operating areas for the mentioned period, and is based on three fundamental premises: growth, transformation of portfolio and profitability.(Edited from annual report and company website). ICIS also provides you with key financial data listed in table form.
More about Repsol YPF Strategy & Financial Highlights
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