Company: Societe Ivoirienne de Raffinage
Country: Ivory Coast
Sector: Oil and gas
CEO: Not publicly listed
Website: Not publicly listed
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Abidjan (Vridi/Port-Bouet), Ivory Coast
Founded: 1962 (refinery commissioned mid-1960s)
Valuation/Revenue: $1.586bn revenue (African Business Top 250, 2025 ranking, rank 100)
Societe Ivoirienne de Raffinage (SIR) is Côte d’Ivoire’s sole crude oil refining company, operating the country’s only refinery in the Vridi industrial zone of Abidjan. It is a mixed state-and-private enterprise that refines imported and some regional crude into fuel products for domestic consumption and export to neighbouring West African markets, making it one of the most strategically significant industrial companies in the country despite a low international profile.
What Does SIR Do?
SIR processes crude oil into refined petroleum products — including gasoline, diesel, kerosene, jet fuel and fuel oil — supplying the Ivorian domestic market and exporting surplus product to other countries in the West African sub-region. As Côte d’Ivoire’s only refinery operator, SIR occupies a structurally important position in the country’s energy security, similar to the role played by sole national refiners in several other African markets such as Tunisia and Senegal.
Who Owns SIR?
SIR has historically operated as a mixed-ownership joint-stock company, combining Ivorian state and state-linked institutional shareholders (including the state oil company sector) with private and, at various points, foreign oil company participation. A confirmed, current breakdown of SIR’s exact shareholding structure was not established during this research, and the company is not believed to be listed on the regional BRVM stock exchange based in Abidjan.
How Big Is SIR?
African Business magazine’s Top 250 ranking for 2025 placed SIR 100th among Africa’s largest companies by revenue, with turnover of roughly $1.59 billion. As with other single-refinery national operators, this revenue figure reflects the gross value of refined fuel sales rather than profitability, and SIR has at various points in its history faced significant financial strain tied to refining margins, debt levels and the cost of maintaining ageing refining infrastructure.
Is SIR Legit?
Yes. SIR is a genuine, long-operating national refining company rather than a shell or speculative entity, and it plays a central role in Côte d’Ivoire’s fuel supply chain. It maintains a comparatively low public and international profile, however, with limited English-language corporate disclosure and no confirmed public website, social media presence or investor relations materials identified in this research.
Where Is SIR Headquartered?
SIR’s refinery and principal operations are based in the Vridi industrial zone near Port-Bouët, part of greater Abidjan, Côte d’Ivoire’s economic capital and largest port city.
Is SIR Publicly Traded?
No confirmed public listing was identified for SIR on the BRVM (Bourse Régionale des Valeurs Mobilières) or any other exchange; it is understood to operate as a mixed state/private joint-stock company rather than a publicly traded one.
How Do I Contact SIR?
No verified official website URL, careers page, LinkedIn company page or public contact email could be confirmed for SIR during this research.
Links
Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is SIR the only refinery in Ivory Coast? Yes, Societe Ivoirienne de Raffinage operates the country’s sole crude oil refinery, located in Abidjan.
Who owns SIR? It operates as a mixed state-and-private joint-stock company; the exact current shareholder breakdown is not publicly confirmed.
Is SIR publicly traded? No confirmed listing on the BRVM regional exchange was identified.
What does SIR produce? Refined petroleum products including gasoline, diesel, kerosene and jet fuel.
How much revenue does SIR generate? Roughly $1.586 billion according to African Business’s Top 250 (2025) ranking.
Where is SIR located? In the Vridi industrial zone of Abidjan, Côte d’Ivoire.