2007-11-13 - AME Info - Saudi Aramco and Japan's Sumitomo Chemicals are negotiating a possible expansion of their $10bn Rabigh Refining and Petrochemical Company (PetroRabigh) joint venture, reported Reuters citing Saad Al Dosari, the venture's CEO. The two firms are considering adding new product lines to the petrochemical complex which should begin operating in Q4 2008. Meanwhile, PetroRabigh is to sell a 25% stake in a Saudi-only initial public offering in January.  

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