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sinopec engineering group-h (2386) Details

SINOPEC Engineering (Group) Co., Ltd., together with its subsidiaries, operates as an oil refining, petrochemical, and new coal chemical engineering company in the People’s Republic of China. It provides engineering services for a range of industries, including oil refining, petrochemicals, new coal chemicals, inorganic chemicals, pharmaceutical chemicals, and clean energy. The company operates in four segments: Engineering, Consulting, and Licensing; EPC Contracting; Construction; and Equipment manufacturing. The Engineering, Consulting, and Licensing segment provides design, consulting, research and development, feasibility studies, and compliance certification services. The EPC Contracting segment offers integrated engineering, procurement, construction, maintenance, and project management services. The Construction segment provides infrastructure for oil refining and chemical industries, oil and gas storage, pipelines transportation, construction, renovation, expansion, repair and maintenance services, and large equipment lifting, as well as transportation services in construction projects. The Equipment manufacturing segment designs, develops, manufactures, and sells oil refining equipment and spare parts for oil refining and chemical facilities. The company also offers technology development and consulting; market consulting agency; equipment installation and leasing; engineering and project supervision; and technical services, as well as medicine, pesticide, and petrochemical design, research, and consulting services. In addition, it is involved in oil production and inspection; environmental protection and public facilities investments; and petrochemical equipment installation activities. The company is based in Beijing, the People’s Republic of China.

18,851 Employees
Last Reported Date: 03/30/15

sinopec engineering group-h (2386) Top Compensated Officers

President, Executive Director, Member of Nomi...
Total Annual Compensation: CNY750.0K
Compensation as of Fiscal Year 2014.

sinopec engineering group-h (2386) Key Developments

SINOPEC Engineering (Group) Co., Ltd. Signs Three Contracts

The board of directors of SINOPEC Engineering (Group) Co., Ltd. announced that the group recently signed three contracts. The Group recently signed a contract of engineering, procurement, construction and commissioning (EPCC) for polypropylene compound (the Thailand PP Project) with Thailand IRPC Public Company Limited. The Thailand PP Project is located in Rayong, Thailand. The work scope of the Group under the IRPC Contract includes the EPCC services to build a 120 kilo tons per annum (Ktpa) green field polypropylene compound plant and to upgrade and expand an existing polypropylene line from 225 Ktpa to 385 Ktpa. The contract value of the IRPC Contract is $220 million (approximately RMB 1.366 billion). The IRPC Contract took effect from the date of signing and the commissioning shall be in May 2017. The Thailand PP Project is the Group's first EPCC project in the refinery and petrochemical engineering market in Thailand and it contributes great value to the Group's market expansion in Thailand and Southeast Asia and the enhancement of the Group's overseas competitiveness. The group signed a contract of engineering, procurement and construction (EPC) for Guangxi liquefied natural gas receiving terminal station project (the Guangxi LNG Project) with Sinopec Beihai Liquefied Natural Gas Co., Ltd. The Guangxi LNG Project is located in Beihai, Guangxi. The work scope of the Group under the Guangxi LNG Contract includes EPC services for four 160,000 cubic meters full containment storage tanks, LNG dock unloading facility, LNG processing system, natural gas output and measurement unit and other auxiliary system. The contract value of the Guangxi LNG Contract is RMB 4.705 billion and the Guangxi LNG Contract took effect from the date of signing. The Guangxi LNG Project has receiving capacity of 3 million tons per annum and gas supplying capacity of 4.05 billion cubic meters per annum. The group signed a framework agreement of EPC for Tianjin liquefied natural gas receiving terminal station project with Sinopec Tianjin Liquefied Natural Gas Co., Ltd. The Tianjin LNG Project is located in Binhai New District, Tianjin. The work scope of the Group under the Tianjin LNG Agreement includes EPC services for four 160,000 cubic meters full containment storage tanks, LNG dock unloading facility, LNG processing system, natural gas output and measurement unit, ground re-treatment and other auxiliary system. The value of the Guangxi LNG Agreement is RMB 5.600 billion and the Tianjin LNG Agreement took effect from the date of signing. The Tianjin LNG Project has receiving capacity of 3 million tons per annum and gas supplying capacity of 4 billion cubic meters per annum.

Sinopec Engineering (Group) Co., Ltd. Presents at Hong Kong China Investment Seminar Tokyo, Jun-18-2015

Sinopec Engineering (Group) Co., Ltd. Presents at Hong Kong China Investment Seminar Tokyo, Jun-18-2015 . Venue: Daiwa Securities Headquarters, Gran Tokyo North Tower 1-9-1, Marunouchi, Chiyoda-ku, Tokyo, Japan. Speakers: Yiqun Jia, Chief Financial Officer.

Zhejiang Kaishan Compressor Teams Up with Sinopec Engineering (Group) Co to Promote Low-Grade Energy Recycle and Utilization Technology in Petrochemical Industry

Zhejiang Kaishan Compressor recently signed an agreement with Sinopec Engineering (Group) Co. As agreed, they will jointly promote low-grade energy recycle and utilization technology in petrochemical industry. Kaishan resumes share trading now. Kaishan announced the cooperation would help put edges of both sides into full play and tap oil refining, petrochemical, new-type coal chemical and crude oil and chemical-related waste-heat recycle market. This went with its strategy and long-term planning and would help it promote related technology and raise profit.

 

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