SABIC to Study Oil-to-Chemicals Project in Ras Al-Khair
11/28/2022
SABIC - Press Release SABIC, a global leader in diversified chemicals, announced on Wednesday its intention to study the establishment of a complex to convert oil and liquids into petrochemicals in Ras Al-Khair in the Kingdom of Saudi Arabia. The complex is expected to convert 400,000 barrels per day of oil into chemicals. This project, which is part of SABIC's strategic growth plans, will contribute to the realization of the Kingdom’s program to convert oil and its liquids into chemicals. Reflecting on this announcement, Eng. Abdulrahman Al-Fageeh, SABIC (A) CEO, said that “SABIC will start studying the project in cooperation with the Saudi Ministry of Energy and Saudi Aramco, to achie