Our strategic expansion aims to transform our refinery into a world-class petrochemical facility. The complex will be equipped with a mixed-load steam cracker pursued to be one of the Gulf’s largest, producing 1,650 kilotons of ethylene and other industrial gases annually.
This expansion will positively impact various industrial sectors, including carbon fibers, lubricants, drilling fluids, detergents, food additives, and automotive parts and tires, resulting in more than $4 billion in total investments. Furthermore, our project will create approximately 7,000 direct and indirect jobs for Saudi citizens. In addition, our project will be a major economic stimulus for the local economy. It will create many new opportunities for local and global businesses, marking a new chapter in the energy sector.
Performance Indicators