Saudi Aramco and Dow Chemical Co plan to finalize the details of a joint venture to build one of the world's largest petrochemicals complex in Saudi Arabia, as per Reuters. The joint venture will givee Dow access to cheap Saudi gas feedstock and proximity to customers in Asia, Africa and Europe, while Saudi Aramco can execute part of its plan to expand its petrochemical industry and diversify away from oil alone.
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Friday, July 22, 2011
Saudi Aramco and Dow to finalize details of JV for petrochemicals complex in Saudi Arabia
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