Petroleum Refining
Huajin Aramco Petrochemical Begins Construction of Major Petrochemical Complex in China
The joint venture Huajin Aramco Petrochemical Panjin Complex is an upcoming petrochemical complex located in Liaoning, China
Released Thursday, April 04, 2024
Reports related to this article:
Researched by Industrial Info Resources (Sugar Land, Texas)--The joint venture Huajin Aramco Petrochemical Panjin Complex is an upcoming petrochemical complex located in Liaoning, China. The total investment of the project is US$12.2 billion, with North Huajin Chemical Industries Group Corporation and Panjin XinCheng Industrial Group holding a 51% and 19% stake, respectively, and Saudi Aramco (Dhahran, Saudi Arabia) holding a 30% stake. The mechanical work started in March, with the commercial startup anticipated for the end of 2026.
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