Saudi Arabia's Petro Rabigh Phase II likely to be up in 2015 - CEO

05 April 2011 10:59  [Source: ICIS news]

(recasts, adding 'Al' to Al-Labban throughout)

DUBAI (ICIS)--Saudi Arabia's Rabigh Refining and Petrochemical (Petro Rabigh) is likely to bring its Phase II expansion project on stream by 2015, Ziad al-Labban, the company's President and CEO, said on Tuesday.

“The Phase II project will double our existing capacity,” Al-Labban said in a keynote address at the second GPCA (Gulf Petrochemicals and Chemicals Association) Plastics Summit being held in Dubai on 4-6 April 2011.

“Currently, the front engineering is progressing in Japan and we anticipate the final investment be made by end of this year,” he added.

Petro Rabigh is a joint venture (JV) between state-owned Saudi Aramco and Japan's Sumitomo Chemical.

Its complex in Rabigh, Saudi Arabia, includes a 1.3m tonne/year ethane cracker and a 700,000 tonne/year monoethylene glycol (MEG) plant.

The facility also includes a 600,000 tonne/year linear low-density polyethylene (LLDPE) plant, a 300,000 tonne/year high-density PE (HDPE) unit and a 700,000 tonne/year polypropylene (PP) plant.

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By: Ong Sheau Ling
+65 6780 4359

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