Entity

Rabigh Refining & Petrochemical Company was founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical. The plant is valued at about US $10 billion (25% funded by the public and the remainder equally funded by Saudi Aramco and Sumitomo Chemical) and originally produced 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives.

Petro Rabigh II is an expansion project valued at US $9 billion that reached full production by 4th Quarter 2017 and provided a wide range of new high value-added products, some of which are exclusive to the Kingdom of Saudi Arabia and the Middle East.