Petro Rabigh’s strategy is based on diversification, adding value, creating jobs and promoting a sustainable economy.
In this way, Petro Rabigh serves as a hub for regional and international investment and as a catalyst for both economic and social development.
Diversity is strength. By offering an increasingly diverse product slate, Petro Rabigh is more resilient to the demands of local and global markets.
Petro Rabigh was founded with a commitment to make the most of the Kingdom of Saudi Arabia’s abundant natural resources. Using those resources as feedstocks to produce high demand petrochemicals, the Company is adding enormous value to the nation’s oil and gas supplies.
Petro Rabigh is creating thousands of jobs directly through its Phase I and Phase II projects, Rabigh PlusTech Park, and indirectly through support industries. Just as importantly, Petro Rabigh is creating diverse jobs in new fields, and with approximately 80 percent of the Company’s employees Saudi nationals, is contributing to the development of a national workforce ready to meet the challenges of the future and seize opportunities.Promoting a Sustainable Economy
Diversification, adding value and job creation are essential foundations for sustainability. Petro Rabigh aims to go further, however, through active promotion of downstream development and the economic and social growth of the region.
By attracting new and diverse industries from the region and across the world, by introducing a range of programs to qualify, train and develop young Saudis, and by championing Corporate Social Responsibility initiatives, Petro Rabigh serves as a catalyst for sustainable development.
Phase I of the Petro Rabigh project came into operation in 2009 as the world's largest single-phase integrated refining and petrochemicals complex, designed to meet local demand for essential refined products and introduce a range of high added value petrochemicals that are vital for the everyday products modern day life depends on.
The complex utilizes 400,000 barrels per day of crude oil and 1.2 million tons per year of ethane as primary feedstock to produce 140 million barrels per year of refined products such as naphtha, gasoline, kerosene/jet fuel, diesel and fuel oil, and 2.4 million metric tons per year of petrochemical products. It is among the Kingdom of Saudi Arabia's largest producers of polypropylene and polyethylene, and is its third largest producer of mono ethylene glycol. It is also the sole producer of propylene oxide in the Middle East.
Phase I employs approximately 2,500 people, with Saudi nationals constituting 80 percent of the workforce. Together with Phase II, Rabigh PlusTech Park and support industries, the total impact will be approximately 25,000 job opportunities.
The Petro Rabigh II will introduce around a dozen high added value petrochemical derivatives, many of them new to the Kingdom and region. The project, which is set to start coming onstream in late 2016, further diversifies the product slate and promotes downstream investment and development.
| || Environmental Impact Assessment (EIA)- Rabigh Phase II Petrochemical Project (Executive Summary) ... download |
Rabigh PlusTech Park
| Mitigation Study for Air Emission Reduction- Rabigh Phase II Petrochemical Project (Executive Summary) ... download |
Rabigh PlusTech Park is Saudi Arabia’s first private industrial park integrated with a petrochemicals complex. Local and foreign investors with proven conversion experience in high value added industries enjoy advantageous conditions in terms of utilities, power and infrastructure networks to use Petro Rabigh products in diverse and innovative ways. With investors from as far and wide as Germany, Italy, China and Japan boosting the downstream industry and creating thousands of new jobs in new industries, Rabigh PlusTech Park is set to undergo expansion as part of Petro Rabigh II.