Petro Rabigh has signed three memorandums of understanding with investors to establish manufacturing factories in the Rabigh PlusTech Park, which contributes to achieving the Kingdom of Saudi Arabia’s Vision 2030 to maximize the added value of hydrocarbons. Moreover, these initiatives will boost local content, plastic recycling, and creating jobs opportunities, as follows:

1. Pure Life Industries Middle East Co. to annually manufacture 80,000 water filters and flat ceramic membranes.

2. Saudi Top Plastic Factory (STP) to produce 50,000 tons of recycled polymer compounds per year.

3. Green Community Co. to produce 100,000 tons of recycled plastic resin per year for food applications.

Source: Petro Rabigh