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- W2315144877 abstract "It comes as no surprise that petrochemical projects figure prominently in Saudi Arabia's new industrial development program, which gets under way next month. Some 10% of the $143 billion or so earmarked for investment during the coming five years will go into a variety of projects ranging from oil products and oil-derived chemical intermediates to fertilizers. U.S. companies, together with firms from Western Europe and Japan, will have a direct stake in the plants. What is surprising, perhaps, is the expectation that so many and such diverse schemes will be built simultaneously and brought into operation by 1980. One underlying reason behind the plan is to lessen Saudi Arabia's dependence on oil as a revenue source with an eye to the eventual depletion of its oil resources. Currently, 86% of Saudi Arabia's annual gross domestic product, which now stands at some $42.3 billion, comes from oil sales. By 1980, the aim is that this level ..." @default.
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- W2315144877 date "1975-06-16" @default.
- W2315144877 modified "2023-10-16" @default.
- W2315144877 title "Saudi Arabia details petrochemical plans" @default.
- W2315144877 doi "https://doi.org/10.1021/cen-v053n024.p015" @default.
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