SINOPEC SABIC Tianjin Petrochemical   

             Sinopec 天津天津分公司(Sinopec Tianjin Company)

SINOPEC SABIC Tianjin Petrochemical Co., Ltd
50/50 joint-venture to build and operate the new facility)

2008/6/21 strategic cooperation agreement

The agreement stated that both parties would enter into a 50/50 joint venture at Tianjin and would study the feasibility of adding a new product (polycarbonates) that uses raw materials produced at the complex that are based on SABIC technology. 

2009/7/11 Chinese Government Approves SABIC's Joint Project with Sinopec

2009/11/3 竣工式

2010/1 生産開始

製品 エチレン 100万トン
      Gasoline Hydrogenation 65万トン
 LLDPE 30万トン         生産開始
HDPE 30万トン(INEOS Innovene S Process)
PP   45万トン(LyondellBasell Spherizone PP) 
EOG  42万トン(Dow技術)
     ブタジエン 20万トン
     MTBE 12万トン
-1 5万トン
PC   (FS中) SABIC and Sinopec invest in polycarbonate plant with 260 kilo metric tonnes capacity in China

     Tianjin Lugang Oil & Rubber Company (天津陸港石油橡膠)
SBR  10万トン
BR    6万トン
IR    5万トン.

With total investment of USD 368 million (RMB 2.5 billion), the project includes
a 100,000 t/a Styrene-Butadiene Rubber (SBR) unit, a 60,000 t/a Butyl Rubber (BR), and a 50,000 t/a Isoprene Rubber (IR).


2023/9/2 Sinopec-Sabic-Tianjin Petrochemical started 260,000 tonnes per year polycarbonate plant 

Saudi Basic Industries Corporation, the Middle East's biggest petrochemicals company, and China Petroleum and Chemical Corporation (Sinopec) have started the commercial operation of their new polycarbonate plant in Tianjin city in China, Saudi Press Agency reported on Friday.

The new production centre is situated within the Sinopec-Sabic-Tianjin Petrochemical complex jointly owned by Sabic and Sinopec.

Established in 2009, the vast Tianjin petrochemical complex consists of nine manufacturing units that are designed to produce polyethylene, polypropylene and other chemicals.

The production capacity of the new plant is 260,000 tonnes per year, SPA reported.

Abdul Rahman Al Fageeh, Sabic’s chief executive, said his company and Sinopec are pursuing mutual growth opportunities that align with goals of the national programmes of Saudi Arabia and China, the Saudi Press Agency reported.

The value of the global petrochemicals industry is projected to grow to about $800 billion by 2030, up from about $475 billion in 2020, according to Precedence Research.

Sabic is playing a key role in Saudi Arabia's plan to reduce its reliance on oil exports.

It reported an 85 per cent annual drop in second-quarter net profit as demand slumped and prices of its products fell.

Net profit after zakat and tax in the three months to the end of June fell to 1.18 billion Saudi riyals ($314.5 million), Sabic said. Revenue during the period fell nearly 34 per cent to 37.17 billion riyals.

Despite current market challenges, Sabic approved a cash dividend of 1.80 riyals per share for the first half of this year.

Last year, the company announced plans to set up a plant to convert crude oil into petrochemicals in Ras Al Khair, with a capacity of 400,000 barrels per day.

In December, Sabic signed an agreement with Oman’s state energy company OQ and Kuwait Petroleum International to set up a petrochemical complex in the Sultanate.



Sinopec-SABIC JV starts ethylene expansion in China

The Chinese petrochemical joint-venture between China’s Sinopec and Saudi Arabia’s SABIC, SSTPC, has kicked off an expansion project at its Tiajin ethylene plant, Kallanish Energy reports.

SSTPC said Thursday the construction works will take 18 months to complete, with start-up of new capacity scheduled for April 2021. The project will increase the current 1 million tonnes per annum (Mtpa) ethylene production capacity to 1.3 Mtpa.

After the RMB 1.5 billion ($201 million) investment, the ethylene plant will “rank ahead” of similar sized plants in China, enhancing SSTPC competitiveness, the 50-50 JV said.

Expansion work includes construction of a new cracking furnace as well as a trio of 2,000-cubic-meter ethylene tanks and one 1,500-cubic-meter cryogenic tank.


天津市がサウジとエチレン年産100万トン計画 渤海湾に面した化学工業区塘沽)   

  → Sinopec単独で100万トン計画 承認           ↓

    中国最大級のエチレン精製施設、天津で着工  大港(Dagang)地区

SABIC to join hands with Sinopec over new China ethylene project

  SABIC/Sinpec 50:50 JV : PE 600千トン/EG 400千トン

  Chinese Government Approves SABIC's Joint Project with Sinopec

  SABIC and Sinopec Celebrate 3.2 Million-Ton Petrochemical Complex at Tianjin



Sinopec Tianjin Company大港(Dagang)にある。