COMPANY FACTS
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Rabigh Refining & Petrochemical Co . ( Petro Rabigh ) was founded in 2005 by the Red Sea in the Kingdom of Saudi Arabia as a joint venture between Saudi Aramco and Sumitomo Chemical from Japan . The original 10-billion dollar Phase I of the plant is the world ’ s largest single-phase integrated refining and petrochemicals complex , making the company one of the Kingdom ’ s largest producers of polypropylene , polyethylene and mono ethylene glycol , and the sole producer of propylene oxide in the Middle East . The Phase II expansion , which came into full operation in early 2018 , diversifies the product slate with new high value-added petrochemicals aimed at making the Kingdom ’ s downstream industry more competitive and affording potential investors the opportunity to manufacture new products and create new jobs and skills .
DECEMBER 2018