An honor to be part of the YASREF family and this world class full-conversion refinery that is now a global refining landmark. It has been a long journey for our employees and contractors who have worked tirelessly to build this truly remarkable company. Our collective work is paying off for our employees, shareholders, the community of Yanbu and the Kingdom of Saudi Arabia.
YASREF contributes to the Kingdom's vision of building state-of-the-art refineries to reliably supply the globe with high quality, clean refined products and fuels. YASREF also fits well within the strategies of our parent companies, Saudi Aramco and Sinopec, to efficiently cater to meeting demand in their respective domestic markets and capture additional value along the hydrocarbon chain. Our aim is to continue to be a pioneering Saudi enterprise with a global presence, through an unwavering commitment towards our people, stakeholders, community and the environment. Our passion to deliver feeds from our vision and mission statements and is pillared by our five values of safety, commitment, collaboration, integrity and excellence that regulate our daily lives both on and off the job.
YASREF is a key anchor project in Yanbu and is providing highly skilled career opportunities to Saudis. We have put together a tremendous facility and I am confident that our scope will further grow and expand vertically and horizontally and our products will be diversified in order to boost local economic development. We will continue to ensure a secure supply of quality products at competitive pricing to businesses, investors and consumers.
We, at YASREF, believe success is fastened around our employees and, therefore, our biggest investment continues to be in our people. Through training and focused development programs, we are committed to cultivating a generation that will lead the company to achieve and sustain its vision and mission.
Additionally, our focus remains on the safety of our employees and contractors as well as their dependents. Going beyond our fences, we believe in nurturing a safe community that is engaged and content. We have established multiple initiatives and programs, from road safety, health awareness and social responsibility, to ensuring no industrial residue or release harms our environment.
YASREF, we are a global refining landmark that will always deliver!