Saudi Arabia Plans $362 Million in Chemical Maintenance Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia is the largest chemical producer in the Middle East. It is home to some of the world's biggest chemical producers, like Saudi Aramco (Dhahran, Saudi Arabia), Saudi Basic Industries Corporation (SABIC) (Riyadh, Saudi Arabia) and others, which operate a large number of production facilities to help meet global demand for petrochemicals and fertilizers.

And to fulfill the export demand, the companies frequently spend a good amount of money to perform maintenance projects at their plants to keep them running smoothly.

Industrial info is tracking 173 chemical-processing maintenance projects, worth US$362.8 million, that are planned for implementation during the next two years. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

Click on the image at right for a graph showing Saudi Arabian chemical processing maintenance spending activity for the next two years, by sector.

In comparison, from August 2020 to August this year, Saudi Arabian chemical processing companies completed 187 maintenance projects, worth US$381 million. Subscribers can click here for a list of projects.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).