DUBAI (Reuters) - Saudi Basic Industries Crop 2010.SE (SABIC) will market petrochemical output for state oil giant Saudi Aramco from a Chinese refinery, Aramco said in a statement on its website.

SABIC signed an agreement on Saturday to market Aramco’s 25 percent share of petrochemical output from the Fujian refinery and petrochemical plant.
Aramco is a partner with China’s Sinopec and U.S. Exxon Mobil in the $5 billion project to boost oil processing capacity at the Fujian refinery to 240,000 barrels per day from 80,000 bpd and add petrochemical units.
The plant will process Aramco’s heavy crude. The world’s top oil exporter Saudi Arabia is the main supplier of crude to China, the world’s second-largest energy consumer. SABIC is the world’s largest chemical firm by market value. It’s subsidiary in China, SABIC Shenzhen Trading Co, will market the Fujian production.