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| Home » EMEA » Russia
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| Major investment required |
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As with Russian oil and gas, major capex requirements are emerging in order to upgrade the petrochemical process plant stock with modern, less energy-intensive, pollution-free refineries and petrochemical units. This is an expensive business due to worldwide increases in the cost of special materials, high-intensity engineering goods and international project management expertise.
SMBC group is vastly experienced in the transformation of the stock of Arab world chemical and petrochemical plant, for clients such as Saudi Aramco, Qatar Petroleum and the major world petrochemical producers such as BASF, Chevron-Philips and Sumitomo Chemical. This experience and the ability to raise long-term financing from agencies, export credit sources and the international debt markets are crucial to the success of any major project.
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| Structured Finance > Energy & Natural Resources |
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