Saudi Arabia downstream news
Aramco looking to expand global footprint in chemicals
With the US$69 billion acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.
Al-Hejailan and Dow form joint venture
The joint venture will design, build and operate a polyacrylic acid and emulsion polymers plant in Saudi Arabia.
Alberta government in talks with Saudi firm on petrochemical plant
Alberta’s government is in talks with a private Saudi company to open a CAN$5 billion to CAN$10 billion (US$3.8 billion – US$7.6 billion) petrochemical plant.
Saudi Aramco and SABIC reassessing crude-oil-to-chemicals project
SABIC has said the two companies are now considering the integration of Saudi Aramco’s existing refineries in Yanbu with a mixed feed steam cracker and downstream olefin derivative units.
Petro Rabigh receives financing from Saudi Aramco and Sumitomo Chemical
Sumitomo Chemical and Saudi Aramco have made a loan of US$2 billion to Petro Rabigh in response to the challenging market conditions.
SIIG and Petrochem confirm merger talks
The companies' boards have approved initial discussions to study the feasibility of a merger.
WoodServ opens compressor repair facility in Saudi Arabia
Among the services available will be the repair and reconditioning of reciprocating compressor valves and packing cases.
Siemens compressor trains selected for Saudi Aramco gas reservoir storage project
Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.
King Salman Energy Park completes 60% of phase one
The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.
Aramco announces downstream business reorganisation
Saudi Aramco has announced the reorganisation of its downstream business.