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What is the main competitive advantage of Rabigh CIP?

Answer

The tenants of Rabigh CIP will benefit significantly from competitively-priced resins and electricity supplied from PETRORabigh. Resin prices will be negotiated individually with tenants, with reference to the netback price of resin in the tenant's target market. Similarly, electricity will be supplied at approximately 3 cents/kWh, which will bring significant savings to the tenants.

From the fourth quarter of 2008, as its first phase development, PETRORabigh will make the following products available to the tenants of Rabigh CIP:

  • High density polyethylene (HDPE)
  • Linear low density polyethylene (LLDPE)
  • Easy processing polyethylene (EPPE)
  • Polypropylene homopolymer (Homo PP)
  • Polypropylene impact copolymer (Impact PP)
  • Mono ethylene glycol (MEG)
  • Propylene Oxide (PO)

Category

Rabigh CIP