SAUDI ARABIA: Saudi Aramco, Sumitomo invite lenders to back Rabigh II expansion project
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03/10/2014
www.gupta-verlag.de/rubber
SAUDI ARABIA: Saudi Aramco, Sumitomo invite lenders to back Rabigh II expansion project
The USD 8.5-billion project involves expanding the existing ethane cracker and new facilities for the production of ethylene propylene rubber, thermoplastic polyolefins, methyl methacrylate monomer, polymethyl methacrylate, low-density polyethylene/ethylene vinyl acetate, cumene, phenol/acetone and paraxylene/benzene. Petro Rabigh explained that the commercial facilities will be split between those provided on a conventional basis and facilities provided on a Shari'ah (Islamic laws) compliant basis.