Rabigh Refining & Petrochemical Co. is the off-taker of RAWEC and is commonly called as Petro Rabigh. Located in the Petro Rabigh Industrial Complex, Petro Rabigh is the site where downstream industries utilize products as feedstocks to produce chemical compounds such as polyols, polymer stabilizers, xylenes and solvents.
Rabigh Refining & Petrochemical Co. or Petro Rabigh was founded as a joint venture between Saudi Aramco and Sumitomo Chemical in 2005. The plant is valued at US $10 billion and originally produced 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives.
Its products are used in such end products as plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes and many other applications.
Petro Rabigh II is an expansion project valued at US $8.4 billion - 25% funded by the public and the remainder equally funded by Saudi Aramco and Sumitomo Chemical.
Currently, Petro Rabigh is at the hub of an upsurge in economic and technological development in line with Saudi Arabia's Vision 2030 to create a vibrant society, a thriving economy and an ambitious nation.
For more information about off-taker, please visit: https://www.petrorabigh.com