Earlier in 2013, SA began work on rehabilitation of tank farm facilities at the Mu'ajjez crude oil terminal near Yanbu'
. But this is a tough project as the tanks have been in residence for decades and the project will require deft handling.
Saudi Aramco and the Saudi Arabian Basic Industries Corp (SABIC), the latter being the world's second-largest chemical companies diversified with huge plants in the kingdom and abroad, are to have a mega JV in the Yanbu'
industrial city on the Red Sea coast.
He downplays the May 1 shooting rampage in a petrochemical complex in Yanbu'
which killed six Western engineers and a National Guard officer.
By 2006, the Saudi domestic refineries at Yanbu'
and Riyadh would have switched to lower-sulphur gasoil/diesel as part of a government initiative to improve the air quality.
As they develop at a blistering pace, Saudi Arabia's powerhouses Jubail and Yanbu's
combined output of petrochemical and refining products, among other items, feed the needs of local industries, leaving large volumes for export
Strong endorsement came from the USSABC president and CEO Edward Burton, who said: "Yanbu's
competitive package of land, utility and infrastructure services coupled with its access to Middle Eastern, European, Asian and African markets make it a must for consideration for any international firm looking to expand its footprint in the Gulf region."
This is stated to be part of the Royal Commission of Yanbu's
efforts to develop the city and encourage small enterprises.
Dr Nassif said Jubail and Yanbu's
business climate and wealth of investment opportunities offer great promise of success and enrichment.
new comprehensive plan aims to achieve new industrial investments worth at least SR49 billion by 2020, next to 155 existing and under-construction industries, he said, adding that Yanbu industries are considered the cornerstone of the Saudi manufacturing economy after investing more than SR 200 billion during the past three years to develop those industries.
competitive package of land, utility and infrastructure services coupled with its access to Middle Eastern, European, Asian and African markets makes it a must for consideration for any international firm looking to expand its footprint in the region," its CEO Edward Burton stated.
"The impact of Jubail and Yanbu's
influence on the petrochemicals market will no doubt continue to grow." Dr Al says.
The festival is being organized by the Royal Commission in Yanbu's
Landscaping and Irrigation Department, and is taking place at the Events Garden in Yanbu Industrial City.