When Saudi Arabia’s petro chemical plant dies, petro chemicals are to be left to the Saudis

Saudi Arabia has announced plans to sell petro-chemical plants to foreign buyers after the kingdom’s petrodollars dried up.Petrochemical plants were an integral part of the countrys economic development from the mid-1990s until 2010, when the Saudi economy slid into a deep economic crisis.In 2016, the Saudi government declared a total of 2,500 petro plant licenses had been sold, while another […]

How to spot the difference between petro chemical plant photos and petro chemicals

UAE, United Arab Emirates (UAE) (AP) The world’s most-expensive petro-chemical plant, Abu Dhabi’s Petrochem, is being built to produce petro lubricants at an estimated cost of more than $4 billion, according to a Gulf News report.The Abu Dhabi Petroleum Corporation said on Wednesday that the facility would begin production of petrofluid by early 2019.The project was funded by Saudi Arabia […]