YPF Chemicals is part of the company’s sustainability strategy, whose purpose is to transform natural resources into energy and products that improve people’s quality of life and promote the country’s progress. “YPF CHEMICALS contributes to the journey towards a more sustainable and equitable world, through integrated and intelligent chemistry, with new and better products, innovative and technological, evaluating the social impact of our operations and focusing on the talent of the team to carry out Business management,” highlighted Florencia Rodriguez, Business Manager of Chemicals.
YPF CHEMICALS has the potential to continue creating value focusing on the company’s vision, driving projects related to the monetization of natural gas resulting from the development of Vaca Muerta, contributing to the sustainability and energy transition of the country.
Main results 2023
Economic Performance
- Annual production reached 1,335 kt, consolidating the company as one of the main leaders in petrochemical production in the country.
- Revenues were 1,130 million USD.
- The company has more than 200 customers, distributed with 40% in the local market, 19% in the export market, and 41% in domestic sales.
Environmental Performance
- The energy intensity was 11.2 GJ/PRODUCTION UNIT, representing a 13% decrease compared to the previous year.
- 27.1% of the total electricity consumed came from renewable sources, increasing by 19% compared to 2022.
- The direct GHG emissions intensity was 0.52 tCO2e per production unit, showing a 9% reduction compared to the previous year.
- Water consumption reached 2,601 kt.
- 2,585 t of total waste were generated.
Social Performance
- The company has 311 direct employees, of which 7.7% are women, and 33% of leadership positions are held by women.
- 79% of purchases are domestic.
- 9.8 million ARS were invested in voluntary social initiatives.
- The accident frequency rate (LTIFR) was 0.27.
Highlighted Milestones
- Innovation
- Launch of the first open innovation contest INN-LAB, selecting six finalist projects to contribute to the industry’s development.
- Development of Oilfield Chemicals, Innovative Products for Oil & Gas, with Y-TEC’s own technology.
- Recognitions
- National Quality Award Competition (PNC): Received two special mentions, in the private sector 2023, for its performance in Process Management and Social Responsibility Management.
- Responsible Care for the Environment Program (PCRMA): was distinguished as “the industrial company with the Best Performance 2023” in one of its Petrochemical Industrial complexes in Argentina.
