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Monday, April 29, 2024 22:44 GMT
Saudi oil giant Aramco has announced plans to set up a new joint venture with Chinese group Rongsheng Petrochemical through its major refinery unit Sasref (Saudi Aramco Jubail Refinery Company). One of the world’s leading integrated energy and chemicals companies, Sasref aims to make significant investments in the Saudi and Chinese petrochemical sectors, in partnership with Rongsheng. The company had recently signed a cooperation framework agreement that envisions Rongsheng’s potential...More