The Saras Group is one of the main independent oil refining operators in Europe. The Sarroch refinery, on the southern coast of Sardinia, west of Cagliari, is one of the largest in the Mediterranean in terms of production capacity and structural complexity. With processing capacity of over 15 million tonnes a year - 300,000 barrels per day - the refinery provides about 17.2 % of Italy’s refining capacity. The Group is engaged in the production of petroleum products through its subsidiary Sarlux. For more than a decade now it has added to its refining and marketing operations the generation and sale of electricity through the IGCC power station owned by Sarlux. Saras is active in the wind market with its company Sardeolica which operates the wind farm at Ulassai, in Sardinia.
The sale and the distribution of petroleum products - diesel, gasoline, gas oil for heating, liquefied petroleum gas (LPG), virgin naphtha and aviation fuel - in the national and international market, together with the purchase of raw materials was handled by the Saras trading sector up to December 2015. In January 2016, supply and trading were entrusted to a new Group company, "Saras Trading SA", with office in Geneva. Lastly, the Group is also present in Spain with a network of about 106 service stations. The Group also operates in the field of energy efficiency and scientific and technology research for energy applications and environmental protection, through its company Sartec, based at Macchiareddu (Cagliari).
SARAS is the Group's holding company, and it is listed on the Milan Stock Exchange.
Sarlux Sarlux is the owner of the refining and petrochemical plants and of the Integrated Gasification Combined Cycle (IGCC) power plant located at the Sarroch industrial site. With a tank farm totalling 4,000,000,000 m3 it is the largest refinery in the Mediterranean and among the largest in Europe in terms of conversion capacity and quantity of crude refined: 300 thousand barrels per day, more than 15 million tonnes per year, equal to 17.2 % of Italy’s refining capacity. The IGCC power station has installed capacity of 600 MW, and annual production of 4.5 GWh. One of the world’s largest of its kind, this plant is fully integrated with the industrial site: it is one of the main units converting bottom of the barrel by-products (TAR) from the refinery, supplying it with hydrogen and steam.
On 4 September 2015 the Group established a new trading company in Geneva (Switzerland), “Saras Trading SA”, focused on trading in crude oil and petroleum products, on procuring and supplying crude oil and other feedstock to the Group’s refinery, and on selling refined oil products. Its positioning in one of the world's main trading hubs for oil commodities allows it to take the pulse of the market and capture new commercial opportunities.
Sardeolica Sardeolica produces renewable energy from its Wind Farm at Ulassai, Sardinia. Its 48 wind turbines have a total capacity of 96 Mw. This wind farm is a successful example of integration between production site and the local community.
Sartec Sartec pursues scientific and technological research in the field of environmental protection, industrial efficiency and energy savings. It is an Energy Services Company (ESCo) that conducts energy audits and develops energy management systems under ISO 50001.
Arcola oil depot The Arcola depot is the Group’s logistics site in the Province of La Spezia, a strategic oil storage terminal for distribution of Saras Group products in northern Italy. The oil products are delivered to the 27-tank terminal through a 1-km offshore line starting in the Gulf of La Spezia and a 9-km oil pipeline.
Saras Energia Based in Spain, Saras Energia is a wholesale and retail distributor of oil products, with a network of 106 service stations, mainly in the south of the country. It holds 7% of the Spanish wholesale market.