[ET Net News Agency, 19 January 2018] SINOPEC Engineering (02386) said the Group has
recently entered into a contract of engineering, procurement and construction (EPC) with
Zhongke (Guangdong) Refining & Chemical Co., Ltd. in relation to the oil refining segment
of Zhongke Guangdong integrated refining and petrochemical project at a contract sum of
about Rmb8.712 billion.
The project is located at Zhanjiang, Guangdong. SINOPEC Engineering's scope of work
under the contract mainly includes the main production units of oil refining segment, such
as a 10 million tons per annum (Mtpa) atmospheric and vacuum distillation unit, a 2 Mtpa
light carbon recovery unit, a 4.2 Mtpa residue fluid catalytic cracking unit, a 4.4 Mtpa
residue desulfurisation unit, a 2 Mtpa hydro-cracking unit, a 2.0 Mtpa diesel
hydrogenation unit, a 1.8 Mtpa continuous catalytic reforming, and other utilities and
facilities.
The intermediate handover date of the project as agreed under the contract is October
2019. (HL)