SAUDI ARABIA

 

Saudi Petchems Firms See Technology As Key To Specialized Markets 

 

Saudi petrochemicals companies are making a strategic push into developing new technologies at the same time as they are building giant plants to produce high-value chemicals aimed at specialized markets. Both SABIC and Saudi Aramco – along with US partner Dow in the giant Sadara project and Japan’s Sumitomo in Petro Rabigh 2 – see market-led innovation as the key to...