BlockBeats message: On April 7, local time, in the early hours of April 7 local time, Iran cited unnamed sources saying that an explosion occurred that day in the Jubail industrial zone in northeastern Saudi Arabia, where U.S. capital was involved, and that it was carried out with large-scale strikes. The report said that the Jubail industrial zone is one of the world’s important petrochemical production bases, with an annual output of about 60 million tons of petrochemical products, accounting for 6% to 8% of the global total production. Many major petrochemical companies and projects are concentrated within the area. Among them, Saudi Basic Industries Corporation is one of the main investors in the industrial zone.
In addition, the Sadara project involving U.S.-based Dow Chemical Company, as well as projects co-invested by Saudi Aramco and France’s TotalEnergies, are also located within the industrial zone. (CCTV)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
