Regions :: Middle East :: Saudi Arabia
Petro Rabigh Start Up Delayed to Early 2009; Costs Increase
10:22 AM MDT | October 3, 2008 | Chemical Week Editorial Staff
Unspecified technical hitches may delay until the first quarter of 2009 the start up of some units at Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical. The delays could add $300 million to the $10-billion cost of the Petro Rabigh refining and petrochemical complex at Rabigh, Saudi Arabia. The project was 97.6% complete at the end of August, according to a Sumitomo statement. Some utilities and power facilities are already in operation, and ethane and butane pipelines are ready to receive feedstock from Aramco, the statement says...
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