Current RDSA Stock Info

Plant will make Iraq largest petrochemical producer in the Middle East
Royal Dutch Shell (ticker: RDSA) signed a deal with Iraq on Wednesday for $11 billion to build a petrochemical plant in the southern oil hub of Basra. Shell has so far declined to comment on the size or types of output expected from the facility, but the facility is expected to produce 1.8 million tons of petrochemical products per year, reports Reuters.

Iraq’s Industry Minister Nasser al-Esawi told a news conference that the Nibras complex is expected to come online wit...

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