Open HSME menu
Subscribe Login

Home / Articles and Press Releases / Press Release / Ceremony Held for Saudi Aramco–Norinco Project

CATEGORIES

  • Latest Issue
  • Above The Neck Protection
  • Chemical Protection
  • Confined Space
  • Construction
  • Emergency Procedures
  • Energy, Oil, and Mining Industries
  • Eye Protection
  • Fall Protection
  • Gas Detection
  • Hand Protection
  • Hazardous and Explosive Atmospheres
  • Health and Safety Awareness
  • Hearing Protection
  • Heat
  • Lighting and ATEX
  • Noise Monitoring
  • Personal Protective Equipment
  • Respiratory Protection
  • Safety Footwear
  • Safety Technology
  • Safety Training
  • Slips, Trips, and Falls
  • Wellbeing at work
  • Working at Height
  • Working rights

MORE

  • Press Release
  • Events
  • Videos
  • Webinars
  • Magazines

COMPANY

  • About
  • Advertising
  • Newsletter
  • Contact
Open HSME menu
Subscribe

Home / Articles and Press Releases / Press Release / Ceremony Held for Saudi Aramco–Norinco Project

CATEGORIES

  • Latest Issue
  • Above The Neck Protection
  • Chemical Protection
  • Confined Space
  • Construction
  • Emergency Procedures
  • Energy, Oil, and Mining Industries
  • Eye Protection
  • Fall Protection
  • Gas Detection
  • Hand Protection
  • Hazardous and Explosive Atmospheres
  • Health and Safety Awareness
  • Hearing Protection
  • Heat
  • Lighting and ATEX
  • Noise Monitoring
  • Personal Protective Equipment
  • Respiratory Protection
  • Safety Footwear
  • Safety Technology
  • Safety Training
  • Slips, Trips, and Falls
  • Wellbeing at work
  • Working at Height
  • Working rights

MORE

  • Press Release
  • Events
  • Videos
  • Webinars
  • Magazines

COMPANY

  • About
  • Advertising
  • Newsletter
  • Contact

CATEGORIES

  • Safety Signage
  • Heat and Flame
  • Article
  • Press Release
  • Air Pollution
  • Above The Neck Protection
  • Chemical Protection
  • Confined Space
  • Construction
  • Emergency Procedures
  • Energy, Oil, and Mining Industries
  • Eye Protection
  • Fall Protection
  • Gas Detection
  • Hand Protection
  • Hazardous and Explosive Atmospheres
  • Health and Safety Awareness
  • Hearing Protection
  • Heat
  • Lighting and ATEX
  • Noise Monitoring
  • Offshore Platform Safety
  • Personal Protective Equipment
  • Regulations & Legislations
  • Respiratory Protection
  • Safety Footwear
  • Safety Technology
  • Safety Training
  • Slips, Trips, and Falls
  • Wellbeing at work
  • Working at Height
  • Working rights

Press Release

Ceremony Held for Saudi Aramco–Norinco Project

By Saudi Aramco

| Read Bio

Published: May 19th, 2017

Share this article

Saudi Aramco, China North Industries Corporation (NORINCO), and Panjin Xincheng Industrial Group, Co., Ltd. signed the joint development agreement and held a groundbreaking ceremony for the Saudi Aramco – NORINCO Refining, Petrochemical and Retail Project in Panjin, in northeast China’s Liaoning province.

The idea for this project received a major boost during the visit by The Custodian of the Two Holy Mosques King Salman Bin Abdulaziz to China in March 2017, when Saudi Aramco and NORINCO signed the project Memorandum of Understanding (MoU).

HE Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources, who was in Beijing to participate in the Belt and Road Forum for International Cooperation, attended the ceremony where Saudi Aramco and NORINCO signed an agreement to pave the way for a Joint Development agreement to build a refining, chemicals, and retail network in Panjin.

Later on site in Panjin, Mr. Abdulaziz M. Al-Judaimi, Senior Vice President Downstream at Saudi Aramco attended a groundbreaking event, which was also attended by Mr. Yin Jiaxu, Chairman of Norinco Group; and Mr. Zhang Lei, Liaoning Executive Deputy Governor; Nabil Al Nuaim, President of Aramco Asia; and Mr. Gao Ke, Panjin Municipal Party Secretary. Representatives from relevant ministries, provincial departments, NORINCO, Saudi Aramco and Huajin Group also attended.

Mr. Abdulaziz M. Al-Judaimi, Senior Vice President Downstream

“Norinco and the government of Liaoning province are amongst the best partners to be in this project considering the great value proposition they are bringing to the table. There might be some challenges that we may face in the journey of implementing this project in the future, as in any worthy endeavor, but I am confident that we will be able to overcome them taking into consideration first Saudi Aramco’s proven record of project management skills while executing mega projects and second the strong commitment shown by all the stakeholders to work together as one team to make sure this project is a big success.”

The governor of Liaoning province Mr. Chen Qiufa announced the project commencement and the joint development agreement was signed by Mr. Abdulaziz M. Al-Judaimi, Mr. Zhao Gang, and Mr. Hao Chunrong.

The project is a key element in China’s petrochemical industry forward planning and the revitalization drive for the old industrial base in northeast China. It is a major project in NORINCO’s drive to develop the industrial value chain, facilitating overseas oil exploration and trade, as well as growth in the petrochemical, final chemicals and specialty chemical sectors.

Having completed the environmental impact assessment and won 23 project supporting documents in less than three years, the project obtained final approval from Liaoning Provincial Development and Reform Commission.

The goal of the project is to build a world-class refining and chemical integration base, with global best practice standards of cost-saving, sustainability, and advanced technology. The construction will be based on the principles of integration, clustering development, differentiation and scale up.

The project will further promote the implementation of China’s “Belt & Road” initiative and the safe, efficient, and sustainable development of petrochemical industry in China in partnership with the globally recognized enterprise working in this field.

The project will significantly expand Saudi Aramco’s footprint in China’s downstream industry considering the paramount importance of the Chinese economy for Saudi and Saudi Aramco’s future investments. It will also enhance the competitiveness of NORINCO’s petrochemical and value-added chemical divisions, and promote the overall economic revitalization in Liaoning and Panjin. The project will also significantly expand Saudi Aramco’s footprint in China’s downstream industry.

This project will potentially become a key building block in both companies’ portfolios and a new landmark in the industry since it has all ingredients for integration, optimization, capital efficiency and located in a very promising region. Both partners will bring their best practices in project management and execution and operations to add value to this project.

Share this article

ABOUT THE AUTHOR

Saudi Aramco

Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise.

Over the past 80 years we have become a world leader in hydrocarbons exploration, production, refining, distribution and marketing.

Saudi Aramco’s oil and gas production infrastructure leads the industry in scale of production, operational reliability, and technical advances. Our plants and the people who run them make us the world’s largest crude oil exporter, producing roughly one in every eight barrels of the world’s oil supply.

Connect with Saudi Aramco

Visit Website

POPULAR POSTS BY Saudi Aramco

Press Release

EXPEC ARC wins three awards at ADIPEC

Press Release

Saudi Aramco at 12th ASSE-MEC Event

Press Release

Oil and Gas Woman of the Year: Abeer Olayan

Press Release

Sharing the Keys to Success at MEPEC

Press Release

Workforce Well-Being Investment Highlighted

Press Release

Enhancing Inspection, Fighting Corrosion With Education

Get email updates

Sign up for the HSME newsletter

Keep up-to-date through the power of email with the region's only industrial health and safety magazine - delivering the latest news and products to satisfy all your occupational safety needs.
  • This field is for validation purposes and should be left unchanged.

FEATURED ARTICLES

Advertisement

SOCIAL MEDIA

HSME on Facebook

https://www.facebook.com/HSMEMagazine/

Advertisement

SOCIAL MEDIA

HSME on Twitter

hsmemagazine HSME Magazine @hsmemagazine ·
25 Jan

DFB is designed for use in high-end manufacturing environments, including food and pharmaceutical manufacturing but can also be applied in wider industry settings.

Read the latest exciting news from @airbench today!
https://www.hsmemagazine.com/press-release/new-downflow-booth-from-airbench-ltd/

#hsmemagazine #AirBench #DownFlowBooth

Reply on Twitter 1618277902268915719 Retweet on Twitter 1618277902268915719 Like on Twitter 1618277902268915719 Twitter 1618277902268915719

Advertisement

SUBSCRIBE

Stay up to date with our newsletter

Keep up-to-date through the power of email with the region’s only industrial health and safety magazine – delivering the latest news and products to satisfy all your occupational safety needs.

 

This field is for validation purposes and should be left unchanged.

Subscribe

SUBSCRIBE TO HSME MAGAZINE

5 reasons to subscribe to our digital and print package

  • Stay up to date from anywhere in the world, with instant access to the latest issue straight from your phone, tablet or laptop.
  • Trust that you’re getting the best content from our range of internationally accredited authors.
  • Get full access to our archives and see how occupational safety has evolved with us over the years.
  • Enjoy our monthly newsletter curated with up-to-the-minute news and a selection of editor’s top picks.
  • Hot off the press and straight to your door – look forward to your own glossy copy of HSME, delivered five times a year
Subscribe View Subscription levels

STAY SAFE & INFORMED

Subscribe to the best health & safety articles, news, products and regulations

Find out more

Stay up to date with our newsletter

  • This field is for validation purposes and should be left unchanged.

ABOUT

  • About HSME
  • Advertise
  • Contact Us

YOUR ACCOUNT

Sign In Register Account Subscribe to HSME

RESOURCES

Request Media Pack

CONNECT

ACCREDITATIONS

Copyright Bay Publishing 2023. All Rights reserved.

Designed & Built by:
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT