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: Chemical break-ups in vogue; the end of conglomerates
"The shift to accelerate growth through shrinking is already taking place."
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