SupplyChain Magazine December 2018 | Page 16

MAINTAINING PROCUREMENT STRATEGIES
PETRO RABIGH
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foundation partners laid the ground work for the company ’ s success .
“ We have two incredible foundation partners in Saudi Aramco and Sumitomo Chemical ; a terrific partnership with aligned goals that have brought the strengths and diversity of two great organisations into this project ,” says Gustafson . “ Both companies possess a deep set of technical and commercial experiences and world class product mix that continues to improve with expansions to capitalize on the strategically placed location and resources .”
MAINTAINING PROCUREMENT STRATEGIES
As a way of affirming Petro Rabigh ’ s commitment to the Saudi Vision , the company has confirmed the imminent arrival of The Petro Rabigh Phase II expansion project , which provides an even more diversified product slate with the implementation of a number of new high added value petrochemical products . The project is set to cost approximately $ 9.4bn with capital project debt funding . Gustafson outlines the procurement strategy his company is utilising in this exciting new era for the Kingdom .
DECEMBER 2018