Sinopec and Saudi Arabia National Petroleum Corporation ("Saudi Amy") intends to build a new new one in Fujian Province, China, ChinaComprehensive refinery and chemical projects were put into production at the end of 2025.Not According to Reuters, Saudi Arabia Arabia issued a statement on the official website on Sunday (December 18) that the company signed an agreement with Sinopec to build a 320,000 barrels of oil and an annual output of 1.5 million tons of Nissan in Gu Lei, Fujian.Ethylene cracking refinery comprehensive project.Not Mohammed Y.AL QAHTANI said "these projects provided opportunities for the establishment of modern, efficient and integrated downstream industries for China and Saudi Arabia., That is, the reliable energy and chemical suppliers of the largest economy in Asia. "
also mentioned that Saudi Arabia set goals to expand its liquid chemical capacity to 4 million barrels per day by 2030.Not According to a statement, Saudi Arabia, Sinopec and Saudi Arabia (SABIC) also signed a memorandumThe feasibility of fusion of refineries in the city.Not Yanbu Amei Petrochemical Refining Company, located in Yanbu, is a joint venture between Sinopec and Saudi Arabia and the largest investment project in China in Saudi Arabia.
