Saudi Aramco, SABIC select Yanbu as site for new industrial complex
15:56, 01/11/2018, ThursdayU: Update: 15:58, 01/11/2018, Thursday
REUTERS

File photo: Flames are seen at the production facility of Saudi Aramco's Shaybah oilfield
Saudi Aramco
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"content": " and Saudi Basic Industries Corp said on Thursday that Yanbu will be the site for an integrated industrial complex they plan to build to convert crude oil to chemicals.",
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}The complex, located on the west coast of Saudi Arabia, is expected to process 400,000 barrels per day of crude oil, which will produce around 9 million tonnes of chemicals and base oils annually. It is expected to start operations in 2025, the two companies said in a statement.
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