SAUDI ARABIA

 

Petro Rabigh Expects Marketing Deal To Boost Income

 

Petro Rabigh has secured a new products marketing deal with founding shareholders Saudi Aramco and Sumitomo Chemicals that will slash their marketing fees. The company says Aramco and Japan’s Sumitomo will “equally handle international marketing of Petro Rabigh’s products [and] are committed to reducing marketing commission by about one-third [whilst] the marketing commission for Petro...