Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

18 December 2013

Saudi Arabia Poised to become World's 3rd Largest Chemical Exporter by 2015

Saudi Arabia is set to become the world's 3rd largest of chemical exporter by 2015, a radical change from its current standing of crude oil exporter to further downstream exporter. This is part due to Saudi Aramco's vision of becoming the world leader in refinery - petrochemical integrated company by 2020. Saudi Aramco also tops the Middle Eastern market for the highest Foreign Direct Investment into the country in 2013. The growth is expected to catapult its position from world's biggest energy producer to world's biggest energy and downstream products in the world. Already it has offices in Europe, the US and China for marketing of its downstream chemical products.

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