Report: Petronas, Aramco study synthetic rubber production

Kuala Lumpur – Malaysia’s Petronas and Saudi Aramco are investigating projects to build more petrochemical plants in a bid to make use of the raw materials from their JV in Malaysia, according to Reuters.

The two companies signed a deal in February wherein Aramco will make a $7 billion (€6.4 billion) investment, in the RAPID (Refinery and Petrochemical Integrated Development) joint venture with Petronas in Pengerang, Malaysia.

According to Reuters, officials from both companies said in a conference on 8 May that they were looking to find…

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