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Aramco

HAPCO

The joint venture will develop and build a 300 MBD greenfield integrated refining and petrochemicals complex in Panjin, Liaoning Province, Northeast China. 
Aramco closed joint venture Huajin Aramco Petrochemical Company (HAPCO) in May 2023, with Aramco  (30%), NORINCO Group (51%) and Panjin Xincheng Industrial Group (19%). The joint venture will develop and build a 300 MBD greenfield integrated refining and petrochemicals complex in Panjin, Liaoning Province, Northeast China.