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Saudi Aramco plans to expand in petrochemicals

The Saudi government wants to be a world leader in refinery and petrochemicals in order to reduce dependency on the crude oil industry.

Photo: Jacques Brinon/AP/Polfoto/Arkiv

Saudi Arabia's state-owned oil company Saudi Aramco, which is the world's largest producer of crude oil, plans to expand its activities in petrochemicals, writes The Wall Street Journal.

The Saudi Arabian government is trying to reduce the country's economic dependency on the oil industry, which faces an uncertain future.

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