Page 180 - Sinopec News Today

Greenfield project in Gulei to include a 320,000 bpd refinery, 1.5 mtpa cracker complex

RIYADH: Saudi Basic Industries Corp. has signed a memorandum of understanding with energy giant Saudi Aramco and China Petroleum & Chemical Corp., known as Sinopec, to assess the economic and technical feasibility of developing an integrated petrochemical complex with an existing refinery in Yanbu. In a statement given to the Saudi Stock Exchange, SABIC noted that this MoU

Saudi Aramco, China Petroleum and Chemical Corporation (Sinopec) and Sabic will explore setting up a petrochemical complex to be integrated with an existing refinery in Yanbu and build a greenfield project in Gulei, in China’s Fujian Province.

Greenfield project in Gulei to include a 320,000 bpd refinery, 1.5 mtpa cracker complex

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