Under the Patronage of the Ministry of Energy, Petro Rabigh and Jiahua Chemicals have signed a Memorandum of Understanding (MoU) to explore the establishment a state-of-the-art manufacturing facility in Rabigh.
The facility will focus on the production of several Specialty Chemicals derived from Ethylene Oxide and Propylene Oxide which are the key materials for this project supplied through Petro Rabigh. The targeted products range are widely used in the constructions, and automotive sectors.
This strategic collaboration aligns with Saudi Arabia’s strategy set forth by the Ministry of Energy to boost local downstream and specialty chemicals production and reduce reliance on imports.
With a strong emphasis on fostering downstream industries related to the construction and automotive sectors, this collaboration aims to enhance local content and meet the rising demand from these key sectors.
Source: Saudigulfprojects