logo
Huajin Aramco Petrochemical Company (HAPCO)
Refining / LPG
https://www.offshore-technology.com/news/aramco-jv-refinery-china/
Saudi Arabian Oil Company (Aramco) and its joint venture (JV) partners have made the final investment decision (FID) to develop a refinery and petrochemical complex, in China. Called Huajin Aramco Petrochemical Company (HAPCO), the JV includes North Huajin Chemical Industries Group, and Panjin Xincheng Industrial Group. HAPCO will be responsible for building the integrated liquids-to-chemicals complex. To be built in Panjin City, of the Liaoning province, the refinery and petrochemical project will receive crude oil feedstock of up to 210,000 barrels per day from Aramco. Aramco will own a 35% stake in the JV, whereas Panjin Xincheng Industrial Group will own a 29% interest. North Huajin Chemical Industries Group, which is a subsidiary of Norinco Group, will own the remaining 36% stake in the JV.
Solutions
Solutions

Solution-Reference:

#E362

No Services yet available.
Enquire in Solutions how we can help you.

  Entity Communicator  (including Site Messages)
  Sites Quick Access
Site Location Country
Panjin Site Panjin
Entity Settings

Category
Operations Entity
Status
A
V
P
Sh
Content provided by
Transaction Name Date
Modified by UserPic   Braun (Sysadmin), Uwe 4/26/2022 4:15 PM
Added by UserPic   Braun (Sysadmin), Uwe 3/11/2022 4:03 PM

Featured Function

Interests Map View the Operations, Shareholding, and Subsidiaries of this Entity