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About us

Development Path

 

In 1996, Nanhai Huaxiang Packaging Company, the first subsidiary of 

Full Apex, was established. 

In 1999, the first PET bottle factory was set up in Chengdu. 

In 2002, the first PET preform center in Guangzhou was established. 

In 2003, Full Apex was listed on the Singapore Exchange with a market cap of USD 600 million.

In 2004, Pan-Asia PET Resin (Guangzhou) Co., Ltd. was established to go upstream of the PET industrial chain.  

In 2007, Pan-Asia PET Resin (Guangzhou) Co. Ltd. became operational with an annual production capacity of 300 thousand tons.    

In 2011, the Guangzhou PET preform center was expanded. 

In 2016, preparation for the Pan-Asia Saudi Petrochemical & Chemical Fiber Integrated Project in the Jazan City for Primary and Downstream Industries got underway. 

In 2017, Pan-Asia obtained the Industrial Investment License from SAGIA.

In 2017, Pan-Asia Saudi Company Limited was registered in the Kingdom of Saudi Arabia.

In 2017, an Outbound Investment Permit was issued from the Ministry of Commerce of China

In 2018, the Project was approved by the National Development and Reform Commission of China as an outbound investment project and was put on record.

In 2019, a groundbreaking ceremony was held for the Phase I of Pan-Asia Saudi Project, targeting to build a 500ktpa PET plant and a 1.25mtpa PTA plant.

In 2019, approval procedures for Phase II are underway.

In 2019, a Memorandum of Understanding for the Phase II of the Project was signed during HRH Crown Prince’s state visit to China.


 

 

Links:Pan-Asia Saudi Co., Ltd. (http://www.panasia.com.sa)

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