First Downstream JV Paves Way for Rabigh Processing Cluster

Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, has signed an agreement with the National Industries Co. (Tasnee) and Saudi Advanced Industries Co. (Saic; Riyadh) under which Tasnee and Saic, both private sector companies, will build a joint venture polyether polyols plant using propylene oxide (PO) feedstock from Petro Rabigh, the recently completed multi-billion dollar complex at Rabigh. Petro Rabigh, the only producer of PO in Middle East, has capacity for 200,000 m.t./year...

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