Home » Blog » Materials and Products

What is SABIC doing in China? Materials and Products

10 Apr 2019| Posted by Morris | In Materials and Products

SABIC is limited to its production within the Saudi market, and is therefore exported abroad. What many do not know is that this pioneer company entered the Chinese market in 1980 and predicted the Chinese market from an early date. The company was not only supplying the needs of the Chinese market with petrochemicals but also being a key partner in China's industrial revival. Is currently providing more than 11 sales offices in 11 different Chinese cities in Shanghai, Guangzhou, Tianjin and other major cities. Cuza Technical Research in Shanghai worth $ 100 million over an area of ​​60 thousand square meters, and chose Shanghai to be close to consumers studying and looking needs technically and its transformation into products benefiting in the industry, making it the company preferred the Chinese market and increases the competitive preference with other companies.

In recent years SABIC, in partnership with China's Sinopec, has carried out three projects, two of which are in China worth 15 billion riyals. A project in Tianjin, the second is a polycarbonate production project and the third project in Saudi Arabia, and in partnership with Shenhua Ningxia, Coal conversion to chemicals, 3.4 million tons per year, methanol unit with a capacity of 2 million tons per year, and a unit to convert methanol to olefins with a capacity of 700 thousand tons per year. At a cost of $ 3 billion to $ 4 billion. It also owns three factories for the production of plastic engineering vehicles, in Shanghai, Guangzhou and Chongqing. Now that Aramco has taken over SABIC, there will be many future projects in China. Aramco has a long history and experience of no less than SABIC in the Chinese market. It has huge investments in oil refining within China and will support the opening of new horizons and projects for SABIC.

In the year 2017, when King Salman visited the People's Republic of China, SABIC introduced a range of products used by Chinese companies in the automotive and chemical industries. These are very important products, provided by SABIC in the highest quality and not competitively with the world's largest petrochemical companies.

An agreement was signed between the largest petrochemical company in the Kingdom and its Chinese counterparts to study the establishment of joint ventures, including Chinese investments in new fields within the Kingdom, and exploring new investment opportunities in their joint venture (Sinopec SABIC TIANGENI PETROCHEMICALS) Their plans are moving towards the manufacture of high quality products, including automotive, electronics, lighting, construction and construction Packaging, machinery, medical equipment, etc. I am really proud to follow and see the projects and factories of a Saudi company, such as SABIC in the world's most powerful industrial markets, a company that proved to the world economies that we are not only an oil country, but also other important industries.

Blog Categories

Start Free Trial

Get Access to 1 Million Global Tenders

No credit card required