What is the latest status of the project “Shaheen Project”?

The status recorded for “Shaheen Project” is under construction.

What is the budget and commercial profile for the project “Shaheen Project”?

Taiyo normalizes the budget of “Shaheen Project” to USD 7467900000.

Where can I verify the source and access all details for “Shaheen Project”?

This Taiyo project page references The Korea Herald along with the original URL (https://www.koreaherald.com/article/10615476). Taiyo standardizes official data into a consistent, searchable project profile.

Shaheen Project

Sector: Chemical (Industrial) • Location: Ulsan, South Korea

Source: The Korea Herald

Project

Under Construction

The Shaheen Project is a massive petrochemical complex under construction in Ulsan, South Korea. It includes the world's largest petrochemical steam cracker and is the first project to use Aramco's Thermal Crude to Chemical (TC2C) process, aimed at strengthening the Korean petrochemical industry.

Status: Under Construction
Sector: Chemical (Industrial), Oil and Gas, Geothermal, Warehouse, Manufacturing (Industrial)
Location: Ulsan, South Korea
Updated: 22 Jul 2026
Source: The Korea Herald

ConstructChat

Ask ConstructChat about Shaheen Project

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information

4 Q

The project “Shaheen Project” is an infrastructure initiative in the Chemical (Industrial) sector, located in Ulsan, South Korea. Taiyo aggregates data on it from The Korea Herald.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Shaheen Project is a massive petrochemical complex under construction in Ulsan, South Korea. It includes the world's largest petrochemical steam cracker and is the first project to use Aramco's Thermal Crude to Chemical (TC2C) process, aimed at strengthening the Korean petrochemical industry.
Original sector	Energy
Budget

Location

Country	South Korea
City	Ulsan

Source

Source	The Korea Herald
URL

More Details

Record type	Project
Sector	Chemical (Industrial), Oil and Gas, Geothermal, Warehouse, Manufacturing (Industrial)
Article published date	2025-11-15

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

Every detail on this project
News and media coverage
Technical research

View all details

Free account · no card · lands you back on this project

Shaheen Project

Ask ConstructChat about Shaheen Project

Project Information FAQ

Project Information

Research

View all details

More Chemical (Industrial) projects in South Korea