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 […]