As Rabigh 2 Starts Up Last Units, Aramco Eyes Big New Petchems JVs

With two big domestic petchems complexes operating, Aramco has ambitious plans which could expand its internationl chemicals capacity more than fivefold.

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