Riyadh – Mubasher: Saudi petrochemical sector is the largest non-oil sector, with expected investment of $63.5–150 billion in 2020, according to Jeddah Chamber's KSA industrial report published in August 2016.
“The petrochemical industry in Saudi Arabia is expected to produce ~115 million tons in 2016. While the exports have been seeing a CAGR of 15% and are estimated to reach 100 million tons in 2016,” said Satish Khanna, General Manager, Al Fajer Information and Services, according to a press release.