福建石化計画　

　　　2001/11 FS提出　　　

　　　2002/10　FSを中国政府承認　

　　　Framework Agreement to Strengthen Strategic Alliance in China

The Fujian Integrated Project entering the substantive stage

ExxonMobil denies Fujian project talks progressing smoothly

2004/8　
Sinopec, ExxonMobil, Saudi Aramco and Fujian Petrochemical Sign Agreements to Progress Fujian Manufacturing and Marketing Projects

Slow progress on Fujian Petrochemical project

2004/12 　Construction begins on China's Fujian ethylene, refining project

2005/7　　Construction begins on China's Fujian ethylene, refining project

2006/11 Fujian Refining & Ethylene Project Starts Building Ethylene Unit

2007/2 China approves 700,000tpa paraxylene project of Fujian Petrochemical

2007/3 Inauguration Ceremony in Beijing Marks the Formation of Fujian Ventures

2007/9 ExxonMobil,Saudi Aramco,Sinopec jv gets $4 bln loan

2009/5 Fujian Refining & Petrochemical Company Limited announces refining unit start-up

New ExxonMobil-Sinopec JV

計画名　：　Fujian integrated petroleum/petrochemical project　福建石化計画　　　

�@Fujian Refining & Petrochemical Company Limited

　出資：ExxonMobil China Petroleum and Petrochemical Company Limited 25%
　　　 Saudi Aramco Sino Company Limited 　25%　
　　　　中国側　50%　Fujian Petrochemical Company Limited
　　　　　　　　　　　　　　　　　（Sinopec　50/Fujian Government　50）

Accord Inked with SABIC for Marketing Polyolefin Products of Fujian Joint Venture

立地：　福建省泉州市

原料：　天然ガス

精油計画：　
　1997/10　エクソン／アラムコと福建煉油でＦＳ実施合意　　　（99/2　ＦＳ作業完了）
　1999/11　江沢民主席訪サウジの際に政府間で石油精製計画合意
　　　　　　　　　　　＋８百万�d/年　（精油能力：４→１２百万トン＝　８→２４万ｂ/d）

生産開始予定：　2009年

計画能力　（単位：トン）：

　　　ＬＤＰＥはシンガポールから供給。(Exxon方針)　

�ASinopec SenMei (Fujian) Petroleum Company Limited. 　

　出資：Sinopec 　55%
　　　　 ExxonMobil China Petroleum and Petrochemical Company Limited 22.5%
　　　　 Saudi Aramco Sino Company Limited 22.5%
　事業：manage and operate approximately 750 service stations and a network of terminals in Fujian Province.

Joint Feasibility Study 　

http://www2.exxonmobil.com/Corporate/Newsroom/Newsreleases/Corp_xom_nr_151101.asp

Fujian Petrochemical Company Limited (FPCL), ExxonMobil China Petroleum and Petrochemical Company Limited, and Aramco Overseas Company B.V. today signed an agreement to submit the joint feasibility study (JFS) for the Fujian integrated petroleum/petrochemical project to the State Development Planning Commission (SDPC) of the People's Republic of China. The JFS will soon be submitted by the three partners to SDPC.


The Fujian venture will be a Sino-foreign joint venture among FPCL (50 percent), ExxonMobil (25 percent) and Saudi Aramco (25 percent). The JFS is a document through which the partners jointly agree on and define the objectives and plans for the joint venture.

OCT 17,2002 ExxonMobil

Fujian Project Joint Feasibility Study Approved by Government
　　　http://www.exxonmobil.com/Corporate/Newsroom/Newsreleases/xom_nr_171002.asp

Fujian Petrochemical Company Limited (FPCL, a 50:50 joint venture between Sinopec Corp. and the Fujian Province), ExxonMobil China Petroleum and Petrochemical Company Limited and Aramco Overseas Company B.V. announced today that the State Council of the People's Republic of China has approved their joint feasibility study (JFS) for the Fujian integrated petroleum/petrochemical project.

Chemical Week Apr 24, 2002

ExxonMobil-Sinopec JV to Include 1 Million-m.t/year Ethylene Plant

ExxonMobil Chemical's previously announced petrochemicals joint venture with Sinopec at Guangzhou, China, will include a 1-million m.t./year naphtha cracker, CW has learned. The jv will be equally owned by ExxonMobil and Sinopec, and it is likely to be completed in 2008, sources say. This would be two to three years after scheduled completion of ExxonMobil's China petchems jv at Hui An, in China's Fujian province.

OCT 21,2002 ExxonMobil

ExxonMobil and Sinopec Sign Framework Agreement to Strengthen Strategic Alliance in China
　http://www.exxonmobil.com/Corporate/Newsroom/Newsreleases/xom_nr_211002.asp

China Petroleum and Chemical Corporation (Sinopec Corp.) and ExxonMobil China Petroleum & Petrochemical Company Limited, a subsidiary of Exxon Mobil Corporation, today signed a framework agreement that will strengthen the strategic alliance between the two companies and move forward their joint venture projects under development in Fujian and Guangdong Provinces.

China Chemical Reporter 2003-12-16

The Integrated Project in Fujian Petrochemical
　　http://www.sinocheminfo.com/topnews/r200312161019.htm

The construction of the 8.0 million t/a oil refining and 800 000 t/a ethylene production project in SINOPEC Fujian Petrochemical Co., Ltd. has entered the substantive stage.

The integrated project in the company is located along the coast of the Meizhou Bay. It has a total investment of RMB26.692 billion and is jointly funded by Fujian Petrochemical Co., Ltd., (representing SINOPEC and Fujian Province), Exxon-Mobil China Petrochemical Co., Ltd. of the United States and Aramco of Saudi Arabia with an equity ratio of 50:25:25. The existing 4. 0 million t/a oil refining unit in the company is taken as the basis to expand the oil refining capacity by 8.0 million t/a to reach a total of 12.0 million t/a. An 800 000 t/a ethylene unit and downstream processing units, as well as facilities and utilities outside the battery limit including a 300 000t dock, will also be constructed.

The project execution coordination group held the first meeting on Oct. 21 this year. The overall target for the completion of the 8.0 million t/a oil refining unit in 2006 and the completion of the 800 000 t/a ethylene production unit in 2007 was defined. The overall process optimization scheme was passed and the fund utilization plan for the fourth quarter of this year and 2004 was also finalized.

Exxonmobil 2004/8/26　　　　　　　　　　　　　　　　　　　　　計画概要

Sinopec, ExxonMobil, Saudi Aramco and Fujian Petrochemical Sign Agreements to Progress Fujian Manufacturing and Marketing Projects 　　　　福建省泉州市泉港区
http://www.exxonmobil.com/Corporate/Newsroom/NewsReleases/xom_nr_260804.asp

Fujian Petrochemical Company Limited (a company owned 50 percent by China Petroleum & Chemical Corporation (Sinopec) and 50 percent by Fujian Government) (FPCL), ExxonMobil China Petroleum and Petrochemical Company Limited (ExxonMobil), and Aramco Overseas Company B.V. (Saudi Aramco) reached agreement today to jointly fund the front end loading (FEL) design activity for a more than $3.5 billion dollar project involving expansion of the existing refinery in Fujian Province and addition of a chemical complex. The project would result in a world-class integrated refining and chemicals complex located at Quangang, Quanzhou City near Meizhou Bay in Fujian Province. ExxonMobil, Sinopec and Saudi Aramco also agreed to submit a joint feasibility study (JFS) for a fuels marketing joint venture in Fujian Province to the government of the People's Republic of China.


The Fujian Integrated Project will expand the existing refinery in Fujian Province from 80,000 barrels-per-day (4 million tons-per-year) to 240,000 barrels-per-day (12 million tons-per-year) with significant product upgrading capability. The upgraded refinery will be designed to refine and process sour Arabian crude. In addition, the project involves construction of a new 800,000 tons-per-year ethylene steam cracker, polyethylene and polypropylene units, and a new 700,000 ton-per-year paraxylene unit. Currently, completion is estimated for first half 2008. The start of FEL is an important step in developing this major integrated complex.

The Fujian Integrated Project Joint Venture, when formed, will be a Sino-foreign venture among FPCL (50 percent), ExxonMobil (25 percent), and Saudi Aramco (25 percent).

The submission of the fuels marketing JFS will mark a significant step in the development of the Fujian integrated ventures. The JFS is a document through which the parties, Sinopec (55 percent), ExxonMobil (22.5 percent) and Saudi Aramco (22.5 percent), will jointly agree upon and define future objectives and plans. The joint venture will market petroleum products produced by the Fujian Integrated Project throughout Fujian Province.

2004-10-19 China Chemical Information Net

Slow progress on Fujian Petrochemical project

Although funding was agreed in Aug 2004, progress remains slow on Fujian Petrochemical Co Ltd's much-delayed $3.5 bn refinery and petrochemicals project at Guangang, China. The project includes: expansion of the existing refinery (from 80,000 to 240,000 bbls/day), an 800,000 tonnes/y cracker, polyethylene and polypropylene units, and a 700,000 tonnes/y paraxylene unit. The company was unable to give a start date for construction.

2004-12-02 chinadaily

Exxonl, Aramco start work on Fujian refinery
http://www.chinadaily.com.cn/english/doc/2004-12/02/content_396749.htm

Exxon Mobil Corp., the world's biggest publicly traded oil company, and Saudi Aramco started engineering work on a US$3.5 billion refinery in China's southern Fujian Province, a Saudi official said.

"We have begun some basic engineering work on the refinery," Abdulaziz al-Khayyal, Saudi Aramco's senior vice president of refining and oil marketing, said. "We expect to sign a final joint venture agreement by next year."

Exxon, Aramco and China Petroleum & Chemical Corp. (SINOPEC) plan to expand the refinery to process 240,000 barrels of oil a day from 80,000 barrels a day. Exxon and its partners are also building chemical plants, including an 800,000-ton-a-year ethylene plant among other chemical units.

2005/7/8 Platts

Construction begins on China's Fujian ethylene, refining project

Partners in China's Fujian integrated ethylene and refining joint venture project Friday held a groundbreaking ceremony to mark the start of construction in Quanzhou, Fujian province.

The project will set up new petrochemical facilities at the complex including an 800,000 mt/year ethylene steam cracker, a 650,000 mt/year polyethylene unit, a 400,000 mt/year polypropylene unit and a 1-mil mt/year aromatics unit. The project will triple the existing Fujian Petrochemical Co's refinery capacity from 4-mil mt/year to 12-mil mt/year (240,000 b/d).

*　Fujian Petrohemical Company Limited　a joint venture established in January 1989 between SINOPEC Corp. and Fujian Province.

---

福建石化計画、起工式

　福建石化・石油精製計画のパートナー：Sinopec、ExxonMobilとSaudi Aramcoは８日、福建省泉州（Quanzhou）の現地で起工式を行った。Sinopecと福建省の50/50合弁の福建煉油の既存の製油能力を400万トンから1200万トンに拡張するとともに、エチレン80万トンのクラッカー、65万トンのＰＥ、40万トンのＰＰ、100万トンの芳香族プラントを建設するもの。投資額は35億ドルで、2008年完成を予定している。

　本計画にはExxonMobilが25%、Saudi Aramcoが25%、中国側（Sinopec、福建省）が50%出資する。上海Secco（BP)、BASF-YPC、中海シェルに次ぐ4番目の外資合弁石化計画。

　本計画は当初、1997年10月にエクソン／アラムコと福建煉油でＦＳの実施で合意し、99年2月にはＦＳ作業が完了している（当初計画ではエチレン60万トン、ＰＥ45万トン、ＰＰ30万トンで、他に苛性ソーダ26万トン、ＰＶＣ30万トン、ＰＯ4万トン等を含んでいた）。1999年11月に江沢民主席がサウジ訪問の際に、政府間で石油精製計画（既存の精製能力400万トンから1200万トンに拡張）に合意した。
　2002年10月には中国政府がＦＳを承認、昨年12月に製油所計画の基本設計作業を開始した。

2006/11/21 China Chemical Reporter

Fujian Refining & Ethylene Project Starts Building Ethylene Unit

On November 8th, 2006, construction began on the 800 000 t/a ethylene cracker, a key facility of Fujian Refining & Ethylene Project (FREP) in Quangang district, Quanzhou, Fujian province of southeastern China. Covering 13.4 hectares, the 800 000 t/a ethylene complex is composed of an 800 000 t/a ethylene cracker, a 500 000 t/a cracking gasoline hydrogenation unit and some public facilities. Among them, the cracker adopts the technology jointly developed by Sinopec Group and ABB LUMMUS Global Inc. of the United States. The cracking gasoline hydrogenation unit and the ethylene separation sector respectively adopt the patent technology of Sinopec Group and ABB LUMMUS Global Inc.

起工式は2005年7月。エチレン着工が2006/11/8。

　　　　　The cracker is still expected to start commercial operation in early 2009.(Asia Chemical Weekly)

2007/1/31 MarketWatch

China approves Sinopec, Exxon Mobil, Saudi Aramco petrochemical facility

A Chinese government agency said approval has been given for construction of a petrochemical facility - a joint investment between China Petroleum & Chemical Corp. (SNP), or Sinopec, Exxon Mobil Corp. (XOM) and Saudi Arabian Oil Co. (SOI.YY), or Saudi Aramco, - on the country's eastern coast.
The CNY3.766-billion ($485-million) facility is designed to have a production capacity of 700,000 metric tons of p-xylene and aromatics, said the National Development and Reform Commission, the country's top economic planning agency said in a posting Monday on its Web site.
P-xylene and aromatics are basic petrochemicals used as solvents and raw materials in other oil-based products.
The facility is part of a $3.5-billion refining and petrochemical complex currently under construction and expected to be completed by 2008, with a crude refining capacity of 240,000 barrels a day. Sinopec will hold a 50% stake in the project, and the other two parties 25% each.
The government didn't give a timeframe for construction of the petrochemical facility.

2007/3/30　ExxonMobil

China's First Fully Integrated Refining, Petrochemicals and Fuels Marketing Joint Ventures with Foreign Participation
　　Inauguration Ceremony in Beijing Marks the Formation of the Ventures

Sinopec, Fujian Province, ExxonMobil and Saudi Aramco today held an inauguration ceremony at the Great Hall of the People in Beijing to mark the formal government approval of Joint Venture Contracts and granting of business licenses for their two joint ventures in Fujian Province - Fujian Refining & Petrochemical Company Limited and Sinopec SenMei (Fujian) Petroleum Company Limited.

The Fujian Refining and Ethylene Joint Venture Project, located in Quanzhou, Fujian Province, will expand the existing refinery from 80,000 barrels-per-day (4 million tons-per-year) to 240,000 barrels-per-day (12 million tons-per-year). The upgraded refinery will primarily refine and process sour Arabian crude. In addition, the project will construct an 800,000 tons-per-year ethylene steam cracker, an 800,000 tons-per-year polyethylene unit, a 400,000 tons-per-year polypropylene unit and an aromatics complex to produce 700,000 tons-per-year of paraxylene. Support facilities including a 300,000 ton crude berth and power cogeneration will also be built. The joint venture company, formally registered as "Fujian Refining & Petrochemical Company Limited," will be owned by Fujian Petrochemical Company Limited (FPCL) (50 percent), ExxonMobil China Petroleum and Petrochemical Company Limited (25 percent) and Saudi Aramco Sino Company Limited (25 percent). The project is expected to start up in early 2009.

The Fujian Fuels Marketing Joint Venture, formally registered as "Sinopec SenMei (Fujian) Petroleum Company Limited," will manage and operate approximately 750 service stations and a network of terminals in Fujian Province. It will be owned by Sinopec (55 percent), ExxonMobil China Petroleum and Petrochemical Company Limited (22.5 percent) and Saudi Aramco Sino Company Limited (22.5 percent).

¹Fujian Petrochemical Company Limited (FPCL) is owned 50% by China Petroleum and Chemical Corporation (Sinopec) and 50% by the Fujian Government. ExxonMobil China Petroleum and Petrochemical Company Limited (ExxonMobil) is a wholly owned affiliate of Exxon Mobil Corporation and Saudi Aramco Sino Company Limited (Saudi Aramco) is a wholly owned affiliate of Saudi Aramco.

2007/9/6 Reuters

ExxonMobil,Saudi Aramco,Sinopec jv gets $4 bln loan

Fujian Refining & Petrochemical Co Ltd (FREP) has secured a US$4 billion loan from a group of Chinese lenders to fund the construction and operation of the first integrated oil joint venture in China, shareholder ExxonMobil said.

The 30 billion yuan ($4 billion) debt facility for FREP, jointly owned by ExxonMobil, Saudi Aramco and Sinopec, comprises long-term and working capital facilities in Chinese yuan and U.S. dollar, ExxonMobil said in a release e-mailed to Reuters.

The lender group includes 11 banks and Sinopec Finance Company, Sinopec's financing arm, the notice said.

It did not disclose specific financial terms.

Two Chinese banks had also agreed to provide 3.3 billion yuan ($438 million) in loans to Sinopec SenMei (Fujian) Petroleum Co Ltd, a fuel marketing joint venture by the three oil companies, the release said.

The joint ventures, formally established in March, would need a total investment of some $50 billion, shareholders had said.

2008/5/19 Sinopec

Fujian Refining & Petrochemical Company Limited announces refining unit start-up

Fujian Refining & Petrochemical Company Limited (FREP) announced today that the 8 million tons-per-year Crude Distillation Unit/Vacuum Distillation Unit in its new integrated refining and petrochemical complex has gone into start-up.

Other major units are expected to be coming online during a phased start-up over the next several months. FREP's world-scale refining and petrochemical complex is expected to be in full operations in the second half of this year.

FREP expands an existing refinery in Quanzhou, Fujian Province from 80,000 barrels-per-day (4 million tons-per-year) to 240,000 barrels-per-day (12 million tons-per-year). The upgraded refinery will refine and process primarily sour Arabian crude. FREP's facilities also include an 800,000 tons-per-year ethylene steam cracker, an 800,000 tons-per-year polyethylene unit, a 400,000 tons-per-year polypropylene unit and a 700,000 tons-per-year aromatics complex.

FREP is owned by Fujian Petrochemical Company Limited (50%), ExxonMobil China Petroleum and Petrochemical Company Limited (25%) and Saudi Aramco Sino Company Limited (25%)*.

*Fujian Petrochemical Company Limited (FPCL) is owned 50% by China Petroleum & Chemical Corporation (Sinopec) and 50% by the Fujian Government. ExxonMobil China Petroleum and Petrochemical Company Limited (EMCP&P) is a wholly owned affiliate of Exxon Mobil Corporation and Saudi Aramco Sino Company Limited (SASC) is a wholly owned affiliate of Saudi Aramco.