Fujian Energy and Petrochemical Group Co., Ltd. is a wholly state-owned provincial enterprise based in Fuzhou, Fujian Province, China. It was established in August 2021 through the integration and restructuring of the former Fujian Energy Group Co., Ltd. and Fujian Petrochemical Group Co., Ltd., serving as the primary holding company for the province's energy and petrochemical assets.
The group concentrates on four core business areas: clean and efficient energy, the petrochemical industry, financial services, and new materials with building materials and construction. It prioritizes green energy and high-end materials development. Key activities encompass power generation (including coal-fired, wind, and other renewables with substantial installed capacity across Fujian), coal mining and supply, petrochemical investment, production, trading, and research. Notable products and capabilities include paraxylene (PX) and purified terephthalic acid (PTA) units with leading national or global capacities, the world's largest single-line phthalic anhydride plant, and advanced carbon five and nine separation and downstream new materials projects.
Through subsidiaries such as Fujian Fuhua Gulei Petrochemical Co., Ltd., the group holds stakes in major initiatives, including the SABIC Fujian Petrochemical Complex (a large ethylene project) in the Gulei Petrochemical Base in Zhangzhou. It oversees nearly 200 wholly-owned and holding consolidated subsidiaries with total assets exceeding 160 billion RMB, employs over 20,000 people, and ranks among China's Top 500 Enterprises. The company maintains listed affiliates in power and cement sectors and contributes significantly to Fujian's industrial development as a leading integrated energy and petrochemical player.
Also known as 福建能化集团, Fujian Energy Group Co., Ltd., and Fujian Petrochemical Group Co., Ltd..
None yet. When a new project in the record names Fujian Energy and Petrochemical Group as owner, partner or investor, it shows here.
RMB 44.8bn (USD 6.4bn) ethylene complex with up to 1.8 Mt/yr capacity; JV 51:49; commissioning prep begins H2 2026; EPC contracts and project loan signed.
RMB 44.8 billion (USD 6.4 billion) mixed-feed cracker and downstream complex, built as a 51:49 JV and targeting completion in 2026.