Rabigh Refining and Petrochemical Co., jointly built in Saudi Arabia by Sumitomo Chemical Co. and Saudi Arabian Oil Co., has begun ethylene and propylene production. Built at an investment outlay of US$10 bln, the plant has capacity to produce 1.3 mln tpa of ethylene and 900,000 tpa of propylene, which make it one of the largest petrochemical plants in the world.
Sumitomo Chemical owns 37.5% in the venture and the rest is held by state-owned oil company of Saudi Arabia, known as Saudi Aramco.
13-Apr-09 
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