Aramco and TotalEnergies to build $11B petrochemical complex in Jubail, Saudi Arabia

Aramco and TotalEnergies took final investment decision to build the 'Amiral' petrochemical complex in Jubail, Saudi Arabia. The facility will include a mixed feed cracker producing 1.65 million tons per year of ethylene and other units, with an investment of about $11 billion.

“The project alone represents an investment of around $11 billion, of which $4 billion will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%).”aramco.com

• 1 source
• aramco.comAramco and TotalEnergies to build petrochemical complex in Saudi Arabia | AramcoDec 15, 2022

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