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Aramco and Rongsheng explore new opportunities in Saudi Arabia and China

Cooperation framework agreement paves way for new downstream partnerships

Saudi arabiaAsh sharqiyahWang haoKingdom of saudi arabiaXiang jiongjiongLi shuirongMohammedy al qahtaniAminh nasserFaisalm al faqeerAramco overseas companySaudi aramco jubail refinery companyRongsheng petrochemical coNingbo zhongjin petrochemical coKingdom liquids to chemicals developmentZhejiang rongsheng holding groupZhejiang rongsheng holding group vice

Saudi Aramco to acquire a 10% stake in China s Rongsheng refinery for $3 6b

Aramco will supply 480,000 barrels per day of Arabian crude oil to Rongsheng's affiliate ZPC under a long-term sales agreement.

Saudi arabiaHong kongSaudi arabianXiang jiongjiongLi shuirongAnwar al hejaziAminh nasserMohammedy al qahtaniJohn leeAramco overseas companyZhejiang petroleumHuajin aramco petrochemical companyZhejiang rongsheng holding groupShenzhen listed rongsheng petrochemicalOverseas companyChinese president xi jinping

Aramco acquires 10% stake in China s Rongsheng

Aramco, one of the world’s leading integrated energy and chemicals companies, will expand its downstream presence in China by acquiring 10% stake in Rongsheng Petrochemical for $3.6 billion, the Saudi company has said.

Mohammedy al qahtaniXiang jiongjiongAnwar al hejaziAminh nasserLi shuirongAl qahtaniXiang jiongjioZhejiang petroleumRongsheng petrochemical coChemical coHuajin aramco petrochemical company hapcoTradearabia news serviceAramco overseas companyZhejiang rongsheng holding groupOverseas companyAramco executive vice president

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