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Saudi Aramco mulls new refinery, petchem site in Yanbu

by ChemOrbis Editorial Team -
  • 13/10/2015 (14:44)
According to media reports, Saudi Aramco considers building a new refinery and petrochemical complex at Yanbu. The new refinery would have a production capacity of 400,000 barrels per day (bpd) and it would be built next to the company’s existing refinery at Yanbu which has a capacity of 240,000 bpd. The estimated value of the planned project was reported at $20 billion.

The output from new refinery will be used as feedstock for the new planned petrochemical complex. The project is reportedly at initial stages while it is expected to be completed in 2023 if the company decides to go ahead with it.
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