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The Petro Rabigh JV of state oil giant Saudi Aramco and Japan’s Sumitomo has achieved on-spec output from the two final units of its Rabigh-2 expansion project: an aromatics unit and an ethylene propylene rubber (EPR) unit.
The plant will have capacity to produce 2.57mn t/y of a range of chemicals, including 1.34mn t/y paraxylene and 424,000 t/y benzene from the aromatics unit. The 75,000 t/y EPR unit is one of a number that will produce specialty chemicals and polyolefins.
Petro Rabigh said in January that the financial impact of sales of on-spec products from the aromatics and EPR units would be felt in Q1. But the JV now says sales will not hit the balance sheets “until both Phases 1 and 2 are operationally integrated.” (CONTINUED - 742 WORDS)
DATA INSIDE THIS ARTICLE
|table||Saudi Aramco Petrochemicals Joint Ventures Net Aramco|