Huajin Group and Liaogang Group signed a strategic cooperation framework agreement to expand the scale of transferring finished products such as refined oil.

Recently, Huajin Group and Liaogang Group signed a strategic cooperation framework agreement. The focus is on deepening cooperation in five major areas: firstly, accelerating the construction of key projects such as fine chemicals and raw material engineering projects, strengthening project support services; secondly, ensuring the smooth supply of crude oil imports, improving energy transportation efficiency, and guaranteeing stable energy supply; thirdly, expanding the scale of transportation of finished oil and other finished products, optimizing logistics transportation solutions; fourthly, deepening fixed asset joint venture cooperation, achieving resource sharing and complementary advantages; and fifthly, strengthening integrated business operations. It is reported that Huajin Group is vigorously promoting fine chemicals and raw material engineering projects, which are major projects of cooperation between China and Saudi Arabia, and key projects in the national petrochemical industry layout, with a total investment of 83.7 billion yuan.