Asian Chemical Connections
Saudi Aramco plans to increase its focus on petrochemicals by converting refinery products into aromatics, as ethane availability in Saudi Arabia declines
A new wave of aromatics investments is under discussion in Saudi Arabia. As part of a move further into petrochemicals, state-owned Saudi Aramco is building refineries with downstream aromatics production, as well as exploring ways to add aromatics at its existing refineries.
INSIGHT: The prize will go to first movers in US olefins build-out
"The prize will be to tap into the peak, or at least the near peak, of the ethylene/petrochemical cycle."
VIDEO: ICIS Special Report - Asia methanol, acetic acid