The MoU, signed under the Ministry of Energy’s patronage, will explore the manufacturing of propoxylates and ethoxylates in Rabigh
Under the patronage of Saudi Arabia’s Ministry of Energy, Petro Rabigh and Rossari International Limited have signed a Memorandum of Understanding (MoU) to explore the development of propoxylates and ethoxylates manufacturing in Rabigh, Saudi Arabia. This collaboration is a pivotal step in bolstering Saudi Arabia’s specialty chemicals industry by supporting local production, reducing import dependency, and fostering innovation in critical sectors such as construction and personal care. Aligned with Vision 2030, the initiative will significantly contribute to the Kingdom’s industrial self-sufficiency and economic growth.
Petro Rabigh, a GPCA member and a joint venture between Saudi Aramco and Sumitomo Chemical, was founded in 2005. Petro Rabigh’s products are used in a wide range of applications, including plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, and pipes.
Rossari International Limited, a wholly-owned subsidiary of Rossari Biotech Limited, was incorporated in December 2024 as one of India’s leading textile and specialty chemical manufacturers. The company provides customized solutions to industrial and production requirements through its diversified product portfolio, which includes home, personal care, and performance chemicals, textile specialty chemicals, and animal health and nutrition products.
Aligned with Vision 2030, this initiative will contribute to the Kingdom’s industrial self-sufficiency and economic growth. Vision 2030 aims to create a vibrant society, a thriving economy, and an ambitious nation by diversifying the economy away from oil and investing in various sectors, including tourism, entertainment, and technology.
Source: Trade Arabia, Saudi Gulf Projects