Trade Resources Company News Aramco Asia Started Offering Polyolefins Produced by FREP in China

Aramco Asia Started Offering Polyolefins Produced by FREP in China

Aramco Far East (Beijing) Business Services, or Aramco Asia, has started offering polyolefins produced by Fujian Refining and Petrochemical in China effective January 1, its parent Saudi Aramco said late Monday. 

Aramco Asia will market 200,000 my/year of polyethylene and 130,000 mt/year of polypropylene through a branch office at Xiamen, Fujian province. 

On January 5, Aramco Asia handed over its first FREP products, comprising linear low density polyethylene, to Jufu Plastic in Fujian province. 

The wholly owned subsidiary of Saudi Aramco plans to offer other petrochemicals in Asia, such as aromatics, via a branch office in Shanghai. 

FREP is a joint venture between Fujian Petrochemical Co. (50%), ExxonMobil China Petroleum and Petrochemical Co. (25%) and Saudi Aramco Sino Co. (25%). 

FREP operates an 800,000 mt/year steam cracker, a 400,000 mt/year PP plant, a 400,000 mt/year LLDPE plant, a 400,000 mt/year HDPE plant, a 120,000 mt/year butadiene plant, a 700,000 mt/year paraxylene plant and a 260,000 mt/year benzene plant at Quanzhou, Fujian province. 

Source: http://news.chemnet.com/Chemical-News/detail-1790222.html
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Aramco Asia Offers Polyolefins Produced by Frep in China From Jan 1
Topics: Chemicals