Quanzhou, China – The first integrated refining and petrochemical facility in China with foreign partners has begun full operation.
The Fujian Integrated Refining and Ethylene Joint Venture Project is a cooperation of Exxon Mobil, Sinopec, Fujian Province and Saudi Aramco. The facility primarily refines sour Arabian crude.
“Our participation in this world-class complex illustrates our commitment to the region and to provide our customers with the products they need,” said Rex Tillerson, CEO of Exxon Mobil. “This is an unprecedented partnership built on years of collaboration. The support from our partners will help ensure the safety, reliability and best-in-class performance of these facilities.”
More than US$4.5 billion was invested in the complex, tripling the capacity of the existing refinery to 240,000 barrels per day of transportation fuels and other refined products. The project also added a new petrochemical complex with ethylene steam cracker, polyethylene unit, polypropylene unit and paraxylene unit. An on-site 250-megawatt cogeneration facility, which simultaneously produces electricity and heat from waste energy, will meet the majority of the site’s power demands.