About Business Network
About Petro Rabigh
Petro Rabigh, Saudi Aramco and Sumitomo Chemical developed the joint venture Rabigh Refining & Petrochemical – Company (Petro Rabigh) in 2005. Originally producing 18.4 million tonnes per year (MTPA) of petroleum-based products and 2.4 MTPA of derivatives based on ethylene and propylene. The facility is now valued at around SAR 16.71 billion (with 25% of the public financing and the remaining 50% funded equally by Saudi Aramco and Sumitomo Chemical).
Goods from Petro Rabigh are used in a variety of end goods, such plastics, paint, detergents, lubricants, resins, coolants, anti-freeze, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibres, and appliances for homes, packaging, candles, pipes, and many other things.
“Best-in-Class Integrated Refining and Petrochemical Company, Operating in a Sustainable Manner”
One of the largest integrated petrochemical and refining complexes in the world, Petro Rabigh is home to a large-scale ethane cracker and a high-olefins fluid catalytic cracker (HOFCC) facility. We are the first manufacturer of propylene oxide in the Middle East, as well as one of the leading producers of polypropylene, polyethylene, and monoethylene glycol in the Kingdom. Markets for our goods exist throughout Europe, the Middle East, North Africa, and East Asia.
We feel relevant because of our mission. It is an ideal that inspires us to perform at our peak and collaborate to achieve a common objective.
We are here to:
- Maximise shareholder value by utilizing our integrated resources in an exceptional, sustainable way.
- We think that as investors, employees, and shareholders, we all have a responsibility for optimizing our collective return on investment.
- In order to reach this goal, we must continue to operate at a consistent, sustainable level of productivity and at our peak ability, which will drive growth and profitability.
- Our staff must also be of the highest calibre, as well as to our facilities and equipment.
- Among the best in the business are Petro Rabigh’s engineers, operators, technicians, specialists, and administrators.
- All of this equips our business with the resources it needs to exercise global leadership, and going forward, we’ll work hard and continue to advance our goal.
The guiding principles by which Petro Rabigh and its employees conduct their everyday interactions and a connection is determine by our company values. These ideals compose who we’re as a company and give us our character.
When we make an agreement here at Petro Rabigh, we fulfill it. We are moral and just. We operate with unethical conduct and fight against misconduct.
We benchmark, innovate, and challenge ourselves continually improve.
We handle our business with discipline and emphasis. For optimal efficacy and efficiency, we organise and concentrate both our human and material resources. We have the ability to continuously adhere to rules and work processes.
To succeed together, celebrate together, and attain best-in-class position, we connect to work together, solve problems together, and produce results.
We treat our work seriously. We are completely responsible for all of our actions and results.
We act with full social responsibility, promoting economic development in our communities while establishing lasting connections with our partners for the sake of our precious Kingdom!
Sumitomo Chemical from Japan and Saudi Aramco unite their innovative technological capabilities to create Petro Rabigh. The firm was set up by Saudi Aramco and Sumitomo Chemical in September 2005 as an equally owned joint venture. And work on the petrochemical complex began in March 2006. It was the largest single foreign direct investment in Saudi Arabian history. With a planned investment of US$9.8 billion, of which US$5.8 billion was acquired through project finance.
Every day indispensables such as the food we eat, the clothes we wear and the roofs over our heads are reliant on petrochemicals and their derivatives. Life sustaining food such as rice, vegetables and fruits thrive on fertilizers. Plastic packaging helps preserve food supplies, minimize waste and protect against dangers caused by food-borne diseases.
Water and thirst-quenching beverages are stored in clean plastic bottles. Manmade fibers derived from petrochemicals protect from heat or cold. Medical equipment such as heart valves, artificial limbs and antibiotic agents used to treat diseases, all petrochemical based, restore health and well-being.
By gassing the fig plant, which would promote ripening and the release of ethylene. The ancient Egyptians produce the materials we now know as ethylene and polyethylene. Synthetic rubber is developed in 1872 as a result of the first chemical to be made from petroleum, carbon black. The modern world depends heavily on petrochemicals.
PLASTICS A MATERIAL ADVANTAGE
We meet plastic every day in our homes, cars, and even in the medical industry. They can be found in sports, electronics, and even packaging. Plastic products are resistant to damage, reasonable, and recyclable. They have become an essential and valuable element of our world.
Plastics are now more than ever a material for the future due to ongoing improvements in polymer characteristics. At Petro Rabigh, in-depth research identifies and develops new ways for the business’s goods to serve a wide range of customers – including consumers, businesses, and industries – and their varied needs. The company wants to provide a variety of goods that make our daily life easier and even more enjoyable.
A PLASTIC FOR EVERY PURPOSE
In order to meet the demands of both industry and customers, Petro Rabigh plastics are used in a highly diverse range of products. A more ecologically responsible use of our natural and created resources, as well as new and inventive goods that fit our changing lifestyles.
Petro Rabigh is committed to solving each of these difficulties, and its plastics will play a significant part of helping to do so. Plastics can help make vehicles and planes lighter and buildings more insulated, which can lower short-term as well as long-term energy use and emissions. Additionally, the use of plastic in water pipelines, electronics, and medical applications can assist to meet the expanding demands of the world’s population.
With the use of modern machinery, Petro Rabigh runs factories around the world that produce materials like Polyethylene (PE), Polypropylene (PP), Ethylene Propylene Rubber (EPR), Ethylene Vinyl Acetate (EVA), Thermo Plastic Olefin (TPO), and Poly Methyl Methacrylate (PMMA). The company additionally sets guidelines for product quality and services around the world.
Numerous grades are available for a variety of uses, including packaging, agriculture, automotive, healthcare, and consumer goods. The company strives to satisfying customer requirements effectively and affordably thanks to its strong technological capabilities, significant focus on Research & Development (R&D) to assist supply chain management, and end-to-end solutions given across the value chain.
Petro Rabigh process 400,000 Barrel/day of Arabian Light crude and produce a wide range of hydrocarbon products such as:
- Fuel Oil
QSHES Policy (Quality, Safety, Health, Environment and Security)
QSHES Policy—a commitment to make Quality, Safety, Safety, Health, Environment, and Security priority in all of our business activities—reflects Petro Rabigh’s commitment to excellence. Our policy is created to ensure sustainable growth and continuous advancement. While safeguarding the health of our staff, contractors, the environment, and the community.
Management staff constantly ensures compliance with our policy because protecting the integrity of our QSHES Systems is something we take great pleasure in. The QSHES Policy is seen by our senior management as a way to guide the company towards excellence in QSHES management and overall business performance.
They provide guidance on how we will manage Quality, Safety, Health, Environment & Security within our business, and ensure that planning of our QSHES management systems meets the requirements of our policy.
Our CSR strategy is built on four primary components that aim to produce long-lasting social and environmental effects. While supporting the 9 out of 17 Global Sustainable Development Goals and the 2030 Vision programs.