Saudi Aramco, Dow Shift Chemical Venture to Jubail
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Saudi Aramco, the world’s largest state-owned oil company, and partner Dow Chemical Co. will shift the location of a proposed chemical and plastics plant to Jubail on the Persian Gulf coast.
The partners expect to complete the engineering and design by mid-2011, the companies said today in a statement distributed by Business Wire. They moved it from a planned spot at Ras Tanura in Eastern Province, Saudi Arabia.