Saudi Aramco Chemicals manages the chemicals business of Saudi Aramco. The chemicals business is a natural extension of Saudi Aramco’s core upstream and refining capabilities, and the appropriate response to the economic opportunities for the region that the industry offers.
Integrating chemicals production with our refining assets at home and across key international geographies is a core element of our downstream strategy. This will maximize the value of the Kingdom’s hydrocarbon resources, building a platform for industrialization, economic diversification, and the creation of meaningful jobs for generations to come.
Saudi Aramco Chemicals is collaborating with a number of major industry players, globally and locally, to bring new technologies into the Kingdom and to produce value added and differentiated products that will provide a foundation for the Kingdom’s economic development. These joint ventures include Petro Rabigh and Sadara in the Kingdom, Fujian Refining & Petrochemical Company (FREP) in China, Arlanxeo in the Netherlands, and S-Oil in Korea.
By 2020, Saudi Aramco’s goal is to be the world’s leading energy and chemicals company, focused on maximizing its income, facilitating the sustainable and diversified expansion of the Kingdom’s economy, and enabling a globally competitive and vibrant Saudi energy sector.
For more information, please visit www.saudiaramco.com.