China Financial Daily

Japanese Sumitomo and Saudi Arabia joint venture for the largest level petrochemical plant in the world
By April 9th, Chemical Company of Sumitomo Electric of Japan on 9th announced that its joint venture project with Saudi Aramco – “rabigh oil” was formally put into operation a few days ago, which was built in the western region of Saudi Arabia, rabigh to become the largest level petrochemical plant in the world. According to “News” it reported that the project was a joint venture of state-owned oil company and Saudi Arabia, “Saudi Aramco”. Plant had a total investment of about 10 billion U.S. dollars, raw materials as the basis of petrochemical products in ethylene and propylene production capacity of 1.3 million tons and 900,000 tons, very few are global.

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