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Saudi Arabia to invest $46 billion in three petrochemical projects

September 02/2009
September, 02 (industrialinfo.com) -- Researched by Industrial Info Resources (Sugar Land, Texas), in a bid to strengthen the country"s leading position in the global petrochemical sector, Saudi Arabia has announced plans to invest about $46 billion in three of the world"s largest and most ambitious petrochemical projects.

These include the $27 billion Ras Tanura integrated refinery and petrochemical project, the $9 billion Saudi Kayan petrochemical complex at Jubail Industrial City, and the $10 billion Petro Rabigh refinery upgrade project. Together, the three projects will employ more than 150,000 technicians and engineers working around the clock.

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