Under the patronage of the Ministry of Energy, Saudi Arabia, Petro Rabigh and Honeywell signed a Memorandum of Understanding (MoU).
THE MOU includes licensing and the demonstration of Naphtha-to-Ethane-and-Propane (NEP) technology at the Petro Rabigh refinery.
This collaboration aims to optimize the conversion of crude oil into value-added petrochemical products, promote sustainability, and drive innovation within the energy sector, in line with the goals of Saudi Vision 2030 to advance and enhance the efficiency of petrochemical industries.
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