[Ocean Chemical Project Information] Saudi Aramco will create a chemical industry in Shandong
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Speaking at the third Qingdao Multinationals Summit in Shandong province, Saudi Aramco Senior Vice President Mohammed Al Qahtani said his company's support would enable China to create a modern, efficient, lower-emissions downstream industry in Shandong.
Related After nearly five years, Saudi Arabia* * The oil company's (hereinafter referred to as Saudi Aramco) project in Panjin City, Liaoning Province has finally been finalized. On March 10, local time, Saudi Aramco announced that it had made a final investment decision. The joint venture Huajin Aramco Petrochemical Company (hereinafter referred to as Huajin Aramco) will develop a large-scale integrated refining and chemical complex in Northeast China. However, the specific investment amount was not disclosed. The unit will be built in Panjin City, Liaoning Province, including a refinery with a crude oil processing capacity of 300,000 barrels per day and an ethylene steam cracker. It is expected to be put into operation in 2024. Saudi Aramco will supply up to 210,000 barrels per day of crude oil to the combined unit. Huajin Aramco is a joint venture between Saudi Aramco, Northern Huajin Chemical Industry Group Company (hereinafter referred to as Huajin Group) and Panjin Xincheng Industrial Group (hereinafter referred to as Panjin Xincheng). It was established in December 2019.
This post was last edited by Qingchengjun on 2022-6-24 11:29. Saudi Arabian natives probably don’t have many local technological and management talents. Do large companies rely on high-tech to hire outstanding talents from around the world to make up for this?