Middle East Economic Survey
VOL. LII
No 46
16-Nov-2009
SAUDI ARABIA
Saudi Aramco Expands Petrochemicals Operations
State-owned Saudi Aramco is prioritizing petrochemical development in a bid to diversify downstream, leverage its ultra-cheap feedstock and create jobs. On 10 November the firm officially inaugurated its $10bn PETRORabigh integrated refinery and petrochemical complex with Japans Sumitomo, and on 11 November Saudi Aramco executives and Saudi Minister of Petroleum and Mineral Resources...
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