June 29, 2020 [Reuters] – Saudi Aramco’s acquisition of petrochemical maker SABIC will accelerate the company’s downstream strategy and transform it into a global petrochemical player, an official of the state oil giant told al-Arabiya TV.
“We expect long-term demand for petrochemicals to grow, with the sector expected to record the fastest growth in oil demand to 2040,” said Abdulaziz al-Gudaimi, a senior vice president at Aramco.
————-
5,100 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data
