# Saudi Top Trading to build $27M plastics factory at Petro Rabigh complex

Saudi Top Trading Co. signed an MoU with Petro Rabigh to build a SR100 million ($26.59 million) plastics factory at the Rabigh Plastics Technology Complex, producing 50,000 tons per year of polymer compounds, rubber and industrial waxes.

- Type: New facility
- Announced: 2022-12-26
- Where: Rabigh Plastics Technology Complex, Saudi Arabia
- Value: $26.6M
- Status: announced
- Capacity: 50,000 tons per year of polymer compounds, rubber and industrial waxes
- Products: polymer compounds, rubber, industrial waxes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Saudi Top Trading Co.](https://endata.com/companies/67528.md)
- [Rabigh Refining and Petrochemical Co. (Petro Rabigh)](https://endata.com/companies/67529.md) (partner)

## Sources

- [arabnews.com](https://www.arabnews.com/business/saudi-top-trading-co-to-build-27m-factory-at-petro-rabigh-plastic-facility-2222216), 2022-12-26: "A new SR100 million ($26.59 million) plastics factory is set to be built in the Rabigh Plastics Technology Complex after Saudi Top Trading Co. signed a memorandum of understanding with Rabigh Refining and Petrochemical Co."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.