Aramco Asia sought to introduce its existing investments and business activities in Xiamen and the province through the investments of Fujian Refining and Petrochemical Co. Ltd. (FREP), Sinopec SenMei (Fujian) Petroleum Co. Ltd. (SSPC) and the Chemicals business activities.
Invited by the Xiamen government of Fujian Province, Sulaiman M. Ababtain, president of Aramco Asia, and Abdulwahab A. Alkhaldi, Chemicals director and branch manager of Aramco Asia’s Xiamen office, recently attended the opening ceremony of the 17th China International Fair for Investment and Trade (CIFIT).
Chinese governmental officials in attendance at the ceremony included: Ma Kai, China vice premier; You Quan, secretary of the CPC Fujian Provincial Committee and director of Provincial People’s Congress; and Wang Chao, vice minister of Commerce of China.
Sponsored by China’s Ministry of Commerce and co-sponsored by the United Nations Conference on Trade and Development, the United Nations Industrial Development Organization, the Organization for Economic Cooperation and Development, the International Finance Corporation of the World Bank, the World Association of Investment Promotion Agencies and the World Trade Organization, the CIFIT has developed into a significant platform for international investment and trade. For this year’s CIFIT, the event attracted 670 organizations from 100 countries, and more than 30,000 projects were available for investment and interaction.
Aramco Asia sought to introduce its existing investments and business activities in Xiamen and the province through the investments of Fujian Refining and Petrochemical Co. Ltd. (FREP), Sinopec SenMei (Fujian) Petroleum Co. Ltd. (SSPC) and the Chemicals business activities.
During the event, Ababtain met with Fujian Provincial Governor Su Shulin and extended his sincere thanks to the Fujian government for its support of Saudi Aramco over the years. Earlier the same day, Ababtain and Alkhaldi attended a meeting with Xiamen Mayor Liu Keqing.
During the meeting with Liu, Ababtain expressed his appreciation to the Xiamen municipal government for inviting Aramco Asia to the CIFIT and for their hospitality. He also introduced Aramco Asia’s rapid business developments in Fujian Province over the past several years.
Working with Sinopec, ExxonMobil and the Fujian provincial government, Saudi Aramco forged China’s first integrated refining, petrochemicals manufacturing and marketing project in 2007 in Fujian Province. Also, Aramco Asia in Xiamen made its first direct chemical sales in China in January this year and is working to expand its distribution to a wider region.