Petro Rabigh completes expansion, sees SAR 750 mln revenue growth

Rabigh Refining and Petrochemical Co. (Petro Rabigh) has completed the expansion of its ethane cracker, increasing its processing capacity by 30 million standard cubic feet per day (MMSCFD) to 125 MMSCFD, the company said in a bourse statement on Wednesday.

Rabigh added that it expects sales revenue to grow by SAR 750 million this year from this expansion. 

The unit production capacity will reach 1.6 million metric tons annum (mtpa), compared to current 1.3 mtpa.

The ethane cracker is part of the Rabigh II project, whose ownership was transferred to the company by founders Saudi Aramco and Japanese producer Sumitomo Chemical.