Rabigh Refining and Petrochemical Company

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Recent Articles

• Aramco-Sumitomo JV narrows Q4 loss after launch19 January 2010

  Net loss attributed to 'improved margins of petrochemical and hyrdocarbon products'.

• Oversupply affecting PetroRabigh profit levels - CEO9 December 2009

  Low demand squeezing profit margins but petrochemical demand improving.

• Saudi-Sumitomo JV maiden gasoline cargo goes local22 July 2009

  First gasoline cargo shipment to Saudi city by $10.3bn JV; capacity potential 60,000 bpd.

• Gasoline prices down on demand concerns2 July 2009

  ME gasoline prices fell nearly $3 this week as signs of a recovery in the global financial system looked dim.

• Saudi Arabia to slash gasoline imports by 29% in June18 May 2009

  Domestic production set to rise as refinery maintenance work is completed.

• Outlook for IPOs remains positive6 August 2008

  Regional listings continue to attract investors, despite economic uncertainty elsewhere.

• PetroRabigh to list next week21 January 2008

  Saudi-Japanese joint venture will trade on kingdom's bourse on January 27, market regulator says.

• PetroRabigh $1.2bn IPO four times oversubscribed15 January 2008

  Sale of 25% stake in Saudi-Japan joint venture closed last weekend.

• PetroRabigh IPO raises $640mn in two days8 January 2008

  Saudi-Japan joint venture says $1.23bn share sale 52% covered.

• PetroRabigh to raise $1.23bn from IPO25 December 2007

  Saudi-Japanese petrochemical venture to sell 25% stake in initial public offering next month.

• PetroRabigh set for expansion12 November 2007

  Aramco, Sumitomo in 'serious discussions' to expand $10bn Saudi complex, adding new products lines.