Inside Saudi Arabia’s Big Bet on Plastics
- Aramco says $20 billion complex near coast a ‘Game Changer!’
- Diversification push is part of crown prince’s post-oil plan
Under a tent in the Saudi desert, Ziad Al-Labban’s showing off his vision for the world’s largest oil supplier—and it looks like an Ikea store.
Al-Labban has spent his career helping Saudi Aramco meet about 10 percent of global crude demand, but right now all he wants to talk about are all the petrochemicals used in the modern home he’s replicated at Sadara, the sprawling new $20 billion complex he runs in the industrial hub of Jubail.