Its role EPC
Hualu Engineering & Technology Co., Ltd. (华陆工程科技有限责任公司), also known as China Chemical Engineering Hualu or Hualu Company, is a prominent Chinese engineering firm specializing in the chemical and petrochemical sectors. It serves as an EPC (engineering, procurement, and construction) contractor, technology developer, and project manager for large-scale industrial facilities.
Established in 1965 as the Sixth Design Institute of the Ministry of Chemical Industry, the company is a key enterprise under China National Chemical Engineering Co., Ltd. (CNCEC), a central state-owned group supervised by SASAC. In 2021, it completed mixed-ownership reform by introducing strategic investor Wanhua Chemical Group and implementing employee shareholding. Headquartered in Xi'an, Shaanxi Province, it operates as a national high-tech enterprise with extensive R&D capabilities, holding hundreds of patents and proprietary technologies in areas such as coal chemicals, polyolefins, high-purity silicon, and new materials.
The firm has executed over 2,900 major projects domestically and internationally, including polyolefin units, air separation plants, and coal-to-chemicals facilities. It maintains qualifications for comprehensive engineering design (Class A) and general contracting. Hualu focuses on innovation-driven solutions for petrochemical complexes, sustainable chemical processes, and high-end materials production, positioning it as a leading player in China's chemical engineering industry with growing overseas presence in Asia, the Middle East, and beyond.
Also known as 中国化学工程华陆公司 and China Chemical Engineering Hualu.
chemXplore tracks 1 project involving Hualu Engineering, of which one is active.
1 more active project is in the record. See all 1 in chemXplore →
Pushes integrated regional bases, oil‑to‑chemicals/specialty conversions, smart factories and capacity rationalisation to secure feedstocks and high‑end materials for advanced manufacturing.
Q2 sales fell 5% Q-o-Q; adjusted EBITDA SAR 3.38bn; H1 dividend SAR 3.3bn; Fujian complex start-up expected Q4 2026.
Q3 revenue US$9.2bn; adjusted EBITDA US$1.3bn; MTBE plant started early (1,000 KTA); Fujian project 87% complete with full start-up targeted Q3 2026.
Revenue fell 23% year‑on‑year; continuing-operations profit excluding non-recurring provisions was SAR 1.30bn; sale of Hadeed drove non-recurring losses; $6.4bn Fujian JV approved with 1.8Mtpa ethylene cracker.
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.
Framework MoU to evaluate development of a world-scale petrochemical complex in Fujian; agreement sets cooperation terms but includes no fixed timeline.
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