Petro Rabigh mulls construction by year-end for second complex planned to come online in 2013 or 2014

Petro Rabigh Co., the joint venture between Suitomo Chemical Company and Saudi Aramco plans to build another large petrochemical complex in Saudi Arabia. The complex is planned to be located adjacent to the one scheduled to start up at the end of the month. Construction is planned to commence by year-end and the second complex could come online in 2013 or 2014, at an investment outlay of US$3.07 bln to US$5.12 bln), with funds to come from the two parent companies and borrowings from a consortium of banks.
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