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The Petro Rabigh
advantage:
Petro Rabigh is not the only petrochemical company in
Saudi Arabia
, but it enjoys advantages that promise to transform the industry both in the Kingdom
and globally. Indeed, the union of blue-chip powerhouses Saudi Aramco and Sumitomo, whose
expertise and capabilities knit together perfectly, make Petro Rabigh one of
the most competitive and innovative petrochemical companies ever.
Currently, Saudi Aramco’s Rabigh refinery has the capability to take feed of 400,000 barrels
per day of crude oil, 95 million cubic feet per day of ethane and about 15,000 barrels
per day of butane. The availability of such committed and stable
volumes of feedstock, release Petro Rabigh from the supply pressures faced by other companies, and
enable it to achieve unprecedented levels of economy and efficiency.
Sumitomo, meanwhile, provides world-leading technological know-how and 95 years
of experience in the global marketing of chemical products. This consolidation of
know-how and infrastructure, along with the global aspect of the partnership, marks
the beginning of a new era in Saudi Arabia, one in which it uses its natural resources
to achieve a global edge in a wide variety of industries. Petrochemicals are only
the beginning.
Upon completion of the development project, Petro Rabigh has the capacity to produce 18.4
million tons per year (mpta) of petroleum-based products and 2.4 mpta of ethylene
and propylene-based derivatives. Demand for its high and quality, attractively priced
products is high, and an industrial park adjacent to the complex will
drive demand even higher.
Accordingly, plans are already underway to expand the plant’s operations.
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