Saudi Aramco said on Thursday its JV in China will develop a major integrated refinery and petrochemical complex in the northeast of the country.

The project, expected to be operational in 2024, combines a 300,000 bpd capacity refinery and ethylene-based steam cracker, with Aramco set to supply up to 210,000 bpd of crude oil feedstock.

Huajin Aramco Petrochemical Company is a JV between Aramco, North Huajin Chemical Industries Group and Panjin Xincheng Industrial Group.