Petrorabigh brings its new ethane cracker to operations, expects SAR750 million additional revenue during 2016
Rabigh Refining and Petrochemical Company (Petrorabigh) [2380.SE] has announced that the ethane cracker unit, related to the Petrorabigh II project, has been fully operated since 19 April. The new unit will add 30 million cubic feet per day (mcf/day) of processing capacity, which brings Petrorabigh's total processing capacity to 125 mcf/day. According to the announcement, this brings Petrorabigh's capacity to 1.6 million tonnes per annum (mtpa) from 1.3 mtpa and will lead to an expectation for higher revenues worth SAR750 million during 2016. (Tadawul)
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