Vocabulary

Enterprise: a company or business: an enterprise with a turnover of $26 billion * state-owned /

public enterprises * small and medium-sized enterprises.

Refine: to make a substance pure by taking other substances out of it: the process of refining
oil / sugar.

Growth: an increase in economic activity: a disappointing year of little growth in Britain and
America * policies aimed at sustaining economic growth * an annual growth rate of 10% * a
growth area / industry.

Petrochemical: any chemical substance obtained from PETROLEUM oil or natural gas: the
petrochemical industry.

Port: a town or city with a harbour, especially one where ships load and unload goods: fishing
ports * Rotterdam is a major port.

Barrel: the contents of or the amount contained in a barrel; a unit of measurement in the oil
industry equal to between 120 and 159 litres: They got through two barrels of beer. * Oil prices
fell to $9 a barrel.

Coast: the land beside or near to the sea or ocean: a town on the south coast of England *
islands off the west coast of Ireland * a trip to the coast * We walked along the coast for five
miles. * a mountainous area near the Welsh coast * a pretty stretch of coast * the coast road.

Plastic: a light strong material that is produced by chemical processes and can be formed into
shapes when heated. There are many different types of plastic, used to make different objects
and fabrics: The pipes should be made of plastic. * a sheet of clear plastic * the plastic industry

Explore: (sth) (for sth) to travel to or around an area or a country in order to learn about it:
[VN] The city is best explored on foot. * They explored the land to the south of the Murray river.
* [V] As soon as we arrived on the island we were eager to explore. * companies exploring for
(= searching for) oil

Chemical industry: comprises the companies that produce industrial chemicals. Central to the
modern world economy, it converts raw materials (oil, natural gas, air, wter, metals and
minerals.) into more than 70,000 different products.

5.) Grammatical part

Saudi Arabias Motiva Enterprises said it plans to spend billions of dollars

(past tense)
It will continue to expand its crown jewel asset in Texas (future tense)
Saudi Basic Industries Corp has a joint venture with Exxon Mobil. (present
tense)
Motiva already is working with Northstar Terminals on a new marine
terminal. (present continue)
Motiva has made significant strides over the last three years. (present
perfect)