Petro Rabigh
Rabigh Refining & Petrochemical Company is a Saudi Arabia-based company which produces and markets refined hydrocarbon and petrochemicals. The company was a joint venture between Saudi Aramco and Japan’s Sumitomo Chemical which is now publicly held. It is traded on the Saudi Stock Exchange.
Petro Rabigh's operates a capacity refinery located in Rabigh, Saudi Arabia, which produces naphtha, kerosene, gasoline, diesel and fuel oil.
The company produces 140 million barrels of petroleum products and 5 million tons of petrochemical products every year.
The company held its initial public offering in January 2008. Ownership of the company is 37.5% to Saudi Aramco, 37.5% to Sumitomo Chemical, and 25% to the public.
Construction of second phase completed in 2016 and production began in 2017 .
It is considered the first producer of many petrochemical products and the only producer of propylene oxide in the Middle East.
