Motiva Enterprises, owned by Saudi Aramco, is considering a relaunch of a previously halted expansion of its Port Arthur refinery with a petrochemical unit in 2023, Bloomberg reports, citing sources with knowledge of the plans. Motiva became the sole owner of the largest refinery in the United States, the 630,000-bpd refinery in Port Arthur, after Saudi Aramco and Royal Dutch Shell split up their joint venture in 2017.
While Bloomberg reported that Motiva Enterprises is now looking to revive plans for a petrochemicals unit at the refinery,…Saudi-Owned Motiva Hasn’t Given Up On Its Texas Petchem Plans
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