Saudi Arabia To Build Oil-To-Chemical Plant In Yanbu - Hedge Fund Alpha (formerly ValueWalk Premium)

Saudi Arabia To Build Oil-To-Chemical Plant In Yanbu

Saudi Arabia’s Aramco has been researching for years ways to extract chemicals directly from crude oil, without having to refine it first. According to a recent press release, the government of Saudi Arabia has been successful in its endeavors and is planning to construct an oil-to-chemical plant in the city of Yanbu. The nation’s oil minister, Ali bin Ibrahim Al-Naimi, released this information in a press conference on Tuesday. Saudi Basic Industries Corporation (TADAWUL:2010), one of the largest petrochemical corporations in the world, has collaborated with the government for the development of this technology and will share a large chunk...

This content is exclusively for paying members of Hedge Fund Alpha

Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Get Started Now with a FREE 7-Day Trial🔻

If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.

Saved Articles