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Saudi Aramco and Sinopec expand petrochemical complex in Saudi Arabia to meet global demand.
Saudi Aramco and China's Sinopec have signed a deal to expand the Yasref chemical complex in Saudi Arabia.
The project will add a 1.8 million ton per year mixed-feed steam cracker and a 1.5 million ton per year aromatics complex.
This expansion aims to meet rising global demand for petrochemicals and aligns with Aramco's plan to convert up to 4 million barrels of crude oil into petrochemicals by 2030, part of Saudi Arabia's economic diversification strategy.
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Saudi Aramco y Sinopec expanden el complejo petroquímico en Arabia Saudita para satisfacer la demanda mundial.