Our professionals have advised on petrochemical and refining projects in the Middle East, Russia and Latin America. The projects include both greenfield construction and expansions of existing facilities. We have worked on projects that produce a wide variety of products, including:
- refined petroleum products such as diesel, gasoline and lighter products
- bulk chemicals such as ethylene, propylene and other olefins
- polymers such as HDPE, LDPE and polypropylene
- specialty chemicals such as polycarbonates
Greengate has been appointed as financial advisor to six export credit agencies (ECAs) and the Public Investment Fund of the Kingdom of Saudi Arabia (PIF) in connection with a proposed debt reprofiling for Sadara Chemical Company. Sadara is a joint venture developed by Saudi Aramco and Dow, comprising the largest chemical complex ever built in a single phase, with 26 integrated world-scale manufacturing plants, over 3 million metric tons of capacity per year, and a total investment of about US$20 billion.
PFI has selected RAPID as the 2019 Asia-Pacific Petrochemical Deal of the Year. Greengate advised the group of export credit agencies participating in the long-term financing for the project, consisting of multiple Asian and European agencies providing a mix of direct and covered loans.