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Petrochemicals

 
 

Aramco acquires 10% stake in Rongsheng Petrochemical

Aramco has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical – a deal that will significantly expand the company's downstream presence in China.

 
 
 
 
 
 
 
 
 
 

US ethane demand grew 9% in 2022

In 2022, US ethane demand increased by approximately 9%, or almost 0.2 million bpd, to support the growing petrochemical industry.