Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Aramco, Sumitomo Project to Cost $12.5 Billion, Al-Hayat Says

Saudi Aramco and Sumitomo Chemical Co. plan to invest around $12.5 billion in the second expansion phase of their joint-venture Rabigh Refining and Petrochemicals Co., al-Hayat reported, citing an unidentified source.

The two companies will decide by the end of the year on the expansion project’s final cost and will need three years to complete the work, the London-based newspaper said. The entire Rabigh complex will cost an estimated $22.5 billion, al-Hayat reported.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.