Sumitomo, Saudi Aramco’s PetroRabigh project completion celebrated

11-Nov-09

Sumitomo Chemical Co. and Saudi Aramco have celebrated the completion of a major petrochemical plant built in Rabigh, western Saudi Arabia. The new plant, built at a cost of US$10.3 billion by Rabigh Refining and Petrochemical Co., a joint venture between the Japanese and Saudi firms, has capacity to produce 1.3 mln tpa of ethylene and was onstream since April. PetroRabigh becomes the world's largest integrated oil refining and petrochemical complex. It also adds to the scale of projects jointly undertaken by these two countries as Japan already holds the largest number of investment projects in the Kingdom.