BP’s main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and manufacturing and marketing of petrochemicals. BP's aromatics and acetyls businesses have been added to the Refining and Marketing segment with its main petrochemical products being benzene, paraxylene, purified terephthalic acid (PTA), acetic acid and acetic anhydride.
BP’s business has always been one with a ‘long stride’. The company’s continued development for the long-term over the next five to ten years and beyond has been an area of strategic focus for the company and its board of directors.
BP aims to improve the quality and capability of its manufacturing portfolio. It will continue to build deep customer relationships and strategic partnerships in the business-to-business (B2B) sector. BP has proprietary technology in petrochemicals as well as strong positions in the Asian markets.
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