Saudi Aramco moves ahead with crude to chemicals

Chemicals is the fastest growing crude oil demand sector. Catalytic Crude to Chemical (CC2C) technology is the new frontier and Saudi Aramco Technologies has gained a step ahead through the signing of a Joint Development and Collaboration Agreement (JDCA) with Axens SA and TechnipFMC. The project aims to maximize chemical yields, transform and recycle byproducts, drive efficiencies of scale, optimize resources, and diversify the mix of petrochemical feedstock.