Sinopec refining and Chemical Engineering Group signed the largest overseas construction general contract!

On March 3, Sinopec refining and chemical engineering group and its subsidiaries No.4 construction company, No.10 construction company and Russian company signed the general contract of Amur ethylene plant construction project with Amur natural gas chemical plant in Beijing, Tianjin, Qingdao and Moscow through video conference

.

According to the contract, the refining and chemical engineering group and its subsidiaries will provide engineering services for the ethylene plant of Amur natural gas chemical plant in Russia, with the contract value of about 942 million US dollars

.

After the completion of the project, it will become the world’s largest polymer factory with light hydrocarbon as raw material

.

This is the first time that the refining and Chemical Engineering Group has undertaken the construction general contracting project in Russia, and it is also the largest overseas contracted single construction project of the refining and chemical engineering group

.

The project is located in vishensk, Prague, capital of Amur state in the Far East of Russia, with an estimated total investment of more than 10 billion US dollars

.

It will use the mixed light hydrocarbons produced by the upstream Amur natural gas processing plant to produce ethylene, propylene and other products by steam cracking, and further process the production line of high value-added products such as low-density polyethylene, high-density polyethylene and polypropylene

.

The project is a demonstration project of capacity cooperation between China and Russia

.

China and Russia have a “comprehensive strategic cooperative partnership in the new era.”

.

On June 5, 2019, at the St

.

Petersburg International Economic Forum held in Russia, witnessed by the heads of state of China and Russia, Sinopec Group and Xiboer Group signed a cooperation agreement on cooperation in the construction of Amur natural gas chemical plant in Russia, with Sinopec holding 40% shares

.

One belt, one road leading force of Sinopec, the refining and Chemical Engineering Group actively responds to the “one belt and one road” initiative of the state, strives to expand the international market and create “new national name card”

.

The refining and Chemical Engineering Group entered the Russian market in 2008

.

In Russia and Central Asia, the refining and Chemical Engineering Group has formed a comprehensive service capacity of EPC general contracting and high-end technology export and consulting

.

Seven subordinate engineering companies have won and implemented projects in three countries in the CIS region, contributing to the social development and people’s friendly exchanges between China and Russia and Central Asia

.

The content of this article is from SEG company, which is organized and released by Sinopec yuan for your reference,

.