Home
Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
{{sum}}
Log in

Please Login

Subscribe To Tags, See What You Want To See

Sign Up For Events, Expand your network

Unlock Private Messages, Participate In Interactions

 Register

Hi.{{userInfo.company_name_english||userInfo.truename_english}} Hi.{{userInfo.truename||userInfo.phone||userInfo.email}}

Applications

Carbon capture technology for sustainable beauty packaging

Clariant and partners demonstrate pyrolysis oil upgrading for circular plastics

Bekum to show packaging solutions for technically demanding markets at CHINAPLAS 2026

Products

AutoROCK digitizes extrusion: AI for error detection

Arkema expands Kynar PVDF production capacity in China

SONGWON adjusts global price for polymer stabilizers and coatings

Activities

  • Chinaplas2026 Preview Webinars | Smart Blow Moulding & AI Inspection (FREE)

  • CHINAPLAS 2026: Government blueprint for emerging industries driving new plastics innovation

  • Fakuma to celebrate 30th anniversary edition in October 2026

Pictorial

News Videos

Kingfa: Creation . Reproduce . Innovation

BASF: Next-generation solid-state battery pack unlocks electrical driven new dimension

Automatic 5L 120mm neck PET jar blowing machine

Conference Videos

【Mandarin session: Webinar playback】SACMI: Your Digitalized Manufacturing, Your Future Today

[Live Replay] LK Group: Smart Manufacturing, New Chapters in Southeast Asia: High-Efficiency Solutions in PET Preform & Thin-Wall Packaging

[Live Replay] Fu Chun Shin (FCS): Data-Driven Digital Rebirth and Intelligent Future of Injection Molding

Corporate/Product Videos

Guangdong Yilong Advanced Materials Technology Co Ltd

Mingsanfeng professional cap mould， Working together to pave the way for the growth of bottle cap molds.

QINGDAO BOUNI introduction video

News
NEW
HOT
 Events
NEW
HOT
 SPE Asia
NEW
HOT
 Special
NEW
HOT
 Live
NEW
HOT
 eNews
NEW
HOT
 Essential Guide
NEW
HOT
 Event Calendar
NEW
HOT
 Survey
NEW
HOT
 CHINA INSIGHT
NEW
HOT

Home > News > Corporate News

US$6.4 billion investment confirmed for SABIC Fujian Petrochemical Complex

Source：Adsale Plastics Network Date ：2024-01-30 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

SABIC announced final investment decision (FID) for the SABIC Fujian Petrochemical Complex (Sino-Saudi Gulei Ethylene Complex Project) in Fujian, China.


SABIC_Brand Flag_480.jpg

SABIC announced FID for the SABIC Fujian Petrochemical Complex in China.

 

SABIC FUJIAN Petrochemicals is a 51:49 joint venture between SABIC Industrial Investment Company, which is wholly owned by SABIC, and Fujian Fuhua Gulei Petrochemical.

 

With an estimated total investment of RMB 44.8 billion (US$6.4 billion), the joint venture decided to build the Complex in Fujian’s Gulei Industrial Park. This investment is by far the largest foreign investment in Fujian.

 

The complex will consist of a mixed feed steam cracker, with an expected annual ethylene capacity up to 1.8 million tons, and a series of world-class downstream facilities, including ethylene glycol (EG), polyethylene (PE), polypropylene (PP), polycarbonate (PC), and several other units.

 

Construction and subsequent operation of the project use nine of SABIC’s leading technologies for applications in electrical and electronics, artificial intelligence, smartphones, telecommunications, healthcare, automobile and advanced materials.

 

“The project aims to support our goal of diversifying our feedstock sources and establishing a petrochemical manufacturing presence in Asia for a wide range of products, and the FID decision fully reflects SABIC’s commitment to provide solutions to our customers and maximize shareholders value,” stated Abdulrahman Al-Fageeh, CEO of SABIC.

 

The construction of the project targets to complete in 2026.


 Like 丨  {{details_info.likes_count}}
SABIC

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Log in

Source：Adsale Plastics Network Date ：2024-01-30 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

SABIC announced final investment decision (FID) for the SABIC Fujian Petrochemical Complex (Sino-Saudi Gulei Ethylene Complex Project) in Fujian, China.


SABIC_Brand Flag_480.jpg

SABIC announced FID for the SABIC Fujian Petrochemical Complex in China.

 

SABIC FUJIAN Petrochemicals is a 51:49 joint venture between SABIC Industrial Investment Company, which is wholly owned by SABIC, and Fujian Fuhua Gulei Petrochemical.

 

With an estimated total investment of RMB 44.8 billion (US$6.4 billion), the joint venture decided to build the Complex in Fujian’s Gulei Industrial Park. This investment is by far the largest foreign investment in Fujian.

 

The complex will consist of a mixed feed steam cracker, with an expected annual ethylene capacity up to 1.8 million tons, and a series of world-class downstream facilities, including ethylene glycol (EG), polyethylene (PE), polypropylene (PP), polycarbonate (PC), and several other units.

 

Construction and subsequent operation of the project use nine of SABIC’s leading technologies for applications in electrical and electronics, artificial intelligence, smartphones, telecommunications, healthcare, automobile and advanced materials.

 

“The project aims to support our goal of diversifying our feedstock sources and establishing a petrochemical manufacturing presence in Asia for a wide range of products, and the FID decision fully reflects SABIC’s commitment to provide solutions to our customers and maximize shareholders value,” stated Abdulrahman Al-Fageeh, CEO of SABIC.

 

The construction of the project targets to complete in 2026.


全文内容需要订阅后才能阅读哦~
立即订阅
MAAG Bannner Ad (EN) Maguire Bannner Ad (EN)
CHISAGE ENERGY AND CHEMICAL CO., LTD. Double rotor continuous mixing machine HEFEI TAIHE INTELLIGENT TECHNOLOGY GROUP CO.,LTD.

Recommended Articles

Corporate News
BW Converting expands Southeast Asian presence with new agency partners
 2026-03-11
Corporate News
SONGWON announces fiscal year 2025 financial results
 2026-03-06
Corporate News
SABIC concludes 2025 financial results with increased free cash flow and brand value
 2026-03-05
Corporate News
KraussMaffei Technologies appoints new managing director
 2026-03-03
Corporate News
Covestro concludes fiscal year 2025 with EBITDA target met
 2026-03-03
Corporate News
Elkem announces agreement to sell majority of Silicones division to Bluestar
 2026-02-23
WENZHOU CHAOXU MACHINERY CO.，LTD. Sino-Pack 2026 home page banner
Tangshan Zhonghao Chemical Co., Ltd Cap Compression Machine--DR.CAP Guolong Plastic.Green&Environmental Protection
  • Must See
    • News
    Images
    Watch it
1
Brückner showcases latest film stretching technologies at CHINAPLAS 2026
2
COACE highlights additives for photovoltaic and power battery sectors at CHINAPLAS 2026
3
Embossed, label-free PLA water bottle design for closed loop recycling
4
Syntegon launches AIM9 high-speed inspection platform for pharmaceutical sector
5
Elkem announces agreement to sell majority of Silicones division to Bluestar
1
A visit to Bandera
2
Opening Ceremony of Bechton's New Factory
3
PVC-O160-400 Production Line Trial Run Video
4
PVC-O630 production line testing
5
Automatic 5L 120mm neck PET jar blowing machine
  • Hot Specials

You May Be Interested In

Change
  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine

US$6.4 billion investment confirmed for SABIC Fujian Petrochemical Complex

识别右侧二维码，进入阅读全文
下载
x 关闭
订阅
亲爱的用户，请填写一下信息
I have read and agree to the 《Terms of Use》 and 《Privacy Policy》
立即订阅
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+ eMarketplace
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Linkedin
Adsale Group ｜  About Us ｜  Terms of Use ｜  Privacy Policy ｜  Contact Us ｜  Media Kit ｜  Consent Letter for Processing Personal Data ｜