An agreement has been inked between Aramco and foreign investors which include allocation of land for the production of PTA and PET. The land will be allocated in Jazan economic city. The city’s economic projects in Jazan include the Aramco refinery project, which will be the center of the city, it is considered to be one of the largest refinery projects in the world in the past 20 years, with its size, advanced technology, production capacity and integration to maximize value. The refinery is designed to process more than 400,000 bpd of heavy and medium thickness Arab oil, to provide values for manufacturing industries and fulfill the needs of refined petroleum products for the region.
