Saudi Arabia’s Energy Minister Khalid al-Falih has said that Petro Rabigh phase II, the expansion of the petrochemical complex of Petro Rabigh, would start operations in the first quarter of 2018, according to a Reuters report.
Phase II of the joint venture between Saudi Aramco and Japan’s Sumitomo Chemical will be able to produce 5 million tonnes of petrochemicals and 15 million tonnes of petroleum products annually.
The Petro Rabigh phase II project has been ranked among the top 100 projects of 2017 in the MENA region.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.