72-hour relay of seven sets of devices: Huajin Ami 83.7 billion Project Sprints into Full Production, Northern Chemical Territory Reconstruction Enters Countdown

On March 30, 2026, Huajin Ami Fine Chemical and Raw Material Engineering Project reported another good news-only 72 hours after the intermediate handover of the first three sets of sulfur recovery, sour water stripping and solvent regeneration units was completed, four units of 400000 tons/year coking naphtha hydrogenation unit, 1.8 million tons/year gasoline hydrogenation unit, 1.6 million tons/year coal and diesel hydrogenation unit and 300000 tons/year high density polyethylene unit were completed on the same day. Within three days, seven sets of devices will be handed over in relay. The project will continue to sprint to the target of all devices. The pace of "mature one set, middle one set" is accelerating.

Behind this progress is the grand volume of the entire project. The Huajin Ami Fine Chemical and Raw Material Engineering Project has a total investment of 83.7 billion yuan and covers an area of 8.9 square kilometers. It mainly builds 32 sets of process units, including 15 million tons/year oil refining and 1.65 million tons/year ethylene, as well as supporting public works and auxiliary facilities. The annual sales revenue will be more than 100 billion yuan.

According to the project plan, the whole process will be started in the second quarter of 2026, most of the devices will be put into production in the fourth quarter, and full start-up will be realized by the end of 2026.

2.1 three sets of hydrogenation unit: refining plate green and raw material optimization of the core unit

The three sets of hydrogenation units of the China Exchange are the key support for the quality and efficiency improvement and green development of the Huajin Ami refining sector, each of which undertakes different process functions:

the 400000-ton/year coker naphtha hydrogenation unit deeply refines the coker naphtha. On the one hand, it can produce marine fuel oil that meets the standard. On the other hand, it can provide high-quality naphtha raw materials for the 1.65 million-ton/year ethylene cracking unit downstream. It plays a "bridge" role in the integrated refining and chemical system and directly affects the raw material guarantee quality of the ethylene unit.

The 1.8 million-ton/year gasoline hydrogenation unit realizes gasoline component modification through desulfurization and denitrogenation, and converts processed gasoline into clean gasoline that meets the latest national emission standards. It is the core device for Huajin Amei to meet the national sixth standard of clean energy supply.

The 1.6 million-ton/year coal and diesel oil hydrogenation unit produces refined aviation fuel and diesel oil, covering the two high-end fuel markets of aviation and roads, and also reflects the high standard requirements for the quality of refined oil under the product strategy of "less oil, polyene and yifang" of the project.

With a total processing capacity of 3.8 million tons/year, the three hydrogenation units are of considerable scale and are the underlying infrastructure to ensure the clean and efficient operation of the entire refining sector.

2.2 high-density polyethylene device: to the high-end material chain of the iconic drop

The 300000 tons/year high density polyethylene (HDPE) plant is the most significant device in the downstream industry chain. HDPE is widely used in pipes, films, hollow containers and other fields. It is one of the most stable and relatively high value-added products in general-purpose polyolefins. In combination with the previously announced product matrix, Huajin Armei's downstream products also include 2 sets of 500000 tons/year PP, 450000 tons/year full density PE, 1 million tons/year C4 combination, 73.6 tons/700000 tons/year ethylbenzene/styrene, 590000 tons/year ethylene oxide/ethylene glycol, 300000 tons/year propylene oxide, 200000 tons/year polyether polyol, etc, the mid-pass of the HDPE plant marks the gradual formation of the entire high-end polyolefin product system.

3.1 China-Saudi Arabia Cooperation Model, Northeast Revitalization Strategy Core Fulcrum

Huajin Armei Petrochemical Co., Ltd. was jointly funded and established by Saudi Aramco, Northern Industry Group and Panjin Xincheng Industrial Group. The project is a comprehensive strategic cooperation project between China and Saudi Arabia witnessed and promoted by the heads of state of China and Saudi Arabia. It is included in the national "Petrochemical Industry Planning and Layout Plan (Revised Edition)" planning project, located in the Liaobin Coastal Economic and Technological Development Zone, Panjin City, Liaoning Province.

The project has significant economies of scale, with 14 of the 32 sets of process units reaching world-class scale and 8 sets of key units ranking first in China. The product structure implements the concept of "less oil, polyene and yifang", and the output rate of refined oil is only 29.8%, focusing on the development of high-end and differentiated new chemical materials and fine chemicals. The investment in environmental protection is as high as 6.05 billion yuan to realize clean production in the whole process.

3.2 put into operation on the northern chemical market structural impact

According to the plan, after full production by the end of 2026, Huajin Ami will completely change the supply pattern of chemical products in the northeast and even the north. The project will drive the construction of a number of upstream and downstream industrial chain supporting projects, forming a trend of agglomeration and development of industries featuring high-end polyolefins, new materials and new energy.

For chemical traders and supply chain practitioners, the most urgent operational priorities at present are: on the one hand, to closely track the progress of the remaining equipment and open the time node for trial run in the second quarter of 2026; On the other hand, to study and judge in advance the supply increment rhythm of PP, HDPE, ethylene glycol, styrene and other mainstream varieties in North and Northeast China, and to adjust the procurement strategy and inventory layout in time in view of possible supply pattern switching, grasp the structural opportunities in the process of restructuring the northern petrochemical landscape.