April 30th to May 6th, 2025
Mr. Gao Cunxing, Chairman of Qingdao Haina Energy, and his delegation went to Saudi Arabia and Western Petroleum MP Company to have technical exchanges and meetings with Saudi Yanub Company, SIRC Company, Saudi Jubail and Yanbu Royal Commission.
The first meeting to confirm technical content with Yanub Company was held on May 1st.
On May 2nd, visited MP company’s factory in Daman.
On May 5th, we had technical exchanges with Western Petroleum MP Company, Yanub Company, and SIRC Company to understand the basic market situation in the local area.
On May 6th, I went to Jubail with MP Company and Yanub Company to give a technical presentation to the Royal Commission of Jubail and Yanbu in Saudi Arabia.
project background
Qingdao Haina Energy
Ten years of focus on waste oil purification and centralized disposal, leading industry transformation with innovative electro adsorption technology.
The Haina waste oil purification and reuse technology has been successfully applied in international markets such as Thailand, Vietnam, Cambodia, Serbia, etc., empowering global customers to achieve waste oil reuse.
Haina’s core competitive advantage
- Waste oil regeneration base oil technology – years of practical application have achieved industry technical barriers.
- Under the support of HNE technology, the 95% recycling rate is far higher than the industry level.
- Solved the domestic and international pain points of coking in the equipment system of the waste oil regeneration distillation process.
Opportunities in the Saudi Waste Oil Recycling Market and Current Status of the Saudi Waste Oil Market
- Technical gap: There is currently no local enterprise in Saudi Arabia that has mastered a type of base oil regeneration technology.
- Waste producing enterprises generally pay for the transfer and disposal of waste oil, transferring it to recycling enterprises.
- The current waste oil treatment mainly relies on low-priced exports.
The value of Haina’s trip to Saudi Arabia
- Promote the application of Hai Na waste oil purification and regeneration technology in the Middle East market.
- Provide Chinese solutions to turn every drop of waste oil in Saudi Arabia into treasure.
- Build a tripartite cooperation model of “Chinese enterprises international oil services local customers”.
- Break through the bottleneck of Saudi Arabia’s waste oil recycling technology and build a new ecosystem of resource recycling industry.
- Transform Saudi Arabia’s “waste oil exports” into “high value-added recycled products”.
- Establish a demonstration system for the full lifecycle recycling of waste oil in the Middle East.
- Lead the upgrading of Saudi Arabia’s waste oil resource utilization industry and promote the improvement of the environmental protection regulatory system.
Special thanks for facilitating this execution:
Western Petroleum MP Company
Sichuan Development Hengneng Environmental Technology Co., Ltd
Introduction to relevant entities in Saudi Arabia
- Western Petroleum MP Company – Chengdu Western Petroleum Equipment Co., Ltd./Mountain Processing in Saudi Arabia
- SIRC – a wholly-owned subsidiary of the Saudi Public Investment Fund
- Royal Commission for Jubail and Yanbu in Saudi Arabia
In the future, with the deepening of international layout, Qingdao Haina Energy’s industrial oil purification and waste oil recycling technology will explore broader application scenarios and market space, promoting the sustainable development of circular economy.
