Sinopec and Saudi Aramco have signed a Venture Framework Agreement to develop a fully integrated petrochemical complex at their joint venture in Saudi Arabia. The project aims to introduce a large-scale mixed feed steam cracker and an aromatics complex into the existing Yasref complex, enhancing its capacity to meet global demand for high-quality petrochemicals. This move deepens their strategic partnership and positions them to compete in valuable parts of the international petrochemical industry.
Sinopec expands partnership with Saudi Aramco
