Saudi Aramco plans expansion of crude oil refining

In a bid to diversify Saudi economic sources, Saudi Aramco plans to expand its activities of refining crude oil, manufacturing petrochemicals and value-added products.
The company aims to maintain its production capacity at a maximum of 12 million bpd by early 2009. Petrochemical joint venture projects are being planned in China, Korea, United States, Philippines, Japan and Saudi Arabia. The commissioning of all the new projects will catapult Saudi Aramco as one of the top manufacturers of polyolefin in the world.

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