Myqli Ethylene Project Reaches Key Stage

Gulai's Ethylene Production Project, a collaboration between China and Saudi Arabia in the energy sector, has entered the joint commissioning phase following the successful mid-point handover of the main unit, which produces 1.8 million tons annually. The project, in which China invested approximately $6.6 billion, aims to strengthen cooperation in the fields of energy and petrochemicals and to solidify China's position as a leading force in this sector as part of the "Belt and Road" Initiative and Saudi Arabia's Vision 2030. Official operation is expected to commence in the second half of 2026.

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