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Released on Thursday, April 04, 2024

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

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.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Refining Project and Plant databases can learn more from a related project report and plant profile.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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