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Saudi Aramco signs MoU with SABIC to develop petrochemicals complex

Related Keywords: 000 barrels per day of crude oil, 400, base oils annually, complex will start operations by 2025, COTC complex, crude oil to chemicals, expected to process, fully integrated petrochemicals complex, in Saudi Arabia, produce approximately 9 million tons of petrochemicals, SABIC, Saudi Aramco, Saudi Basic Industries Corporation, signs MoU to built

Saudi Aramco signs a MoU with Saudi Basic Industries Corporation (SABIC) to built a fully integrated petrochemicals complex in Saudi Arabia. The crude oil to chemicals (COTC) complex is expected to process 400,000 barrels per day of crude oil, which will produce approximately 9 million tons of petrochemicals and base oils annually. It is expected that complex will start operations by 2025.

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