Petrochemical
65 billion yuan! China Chemical signs the world’s largest methanol project
Seetao 2023-10-09 15:50
  • The chemical complex project is located in Ustruga Town, St. Petersburg City, Leningrad Region, Russian Federation
  • The construction content mainly includes the construction of a natural gas-to-methanol unit with an annual output of 5 million tons and the external infrastructure of the unit
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The reporter learned from China National Chemical Engineering Group Co., Ltd. (hereinafter referred to as China Chemical) on the 8th that China National Chemical Corporation No. 7 and Russia’s Baltic Methanol Co., Ltd. recently signed the world’s largest methanol project general contract, with a total contract value of 8.4 billion euros, equivalent to RMB 65.05 billion. Yuan. This project is the second largest contract value project signed by ChemChina overseas after the successful implementation of the "100-billion-dollar order" in the Baltic Sea. It is also the largest contract value project for Chinese enterprises to "go global" since 2020.

The Russian Baltic Natural Gas to Methanol Chemical Complex Project is located in Ustruga Town, St. Petersburg City, Leningrad Region, Russian Federation. The construction content mainly includes the construction of a natural gas to methanol unit with an annual output of 5 million tons and the external infrastructure of the unit. The contract period is 48 months. After the project is completed, it will greatly promote local economic and social development.

"This project is another vivid practice of China Chemical's high-quality joint construction of the 'Belt and Road'. It is also a powerful witness that the implementation of China Chemical's super-large projects has evolved from one country to many countries, and from initial exploration to increasing maturity." The relevant person in charge of China Chemical introduced During the construction period, China National Chemical will use its rich experience in international super-large project management and global resource allocation and integration capabilities to provide the project with full life cycle engineering construction services from front-end engineering design to detailed engineering design, procurement and general construction contracting. . At the same time, it will also actively promote the export of Chinese technology and equipment, vigorously promote the sales of methanol products to China, and contribute to the establishment of a new development pattern in the energy field in which the domestic cycle is the main body and the domestic and international dual cycles promote each other.

It is understood that in recent years, ChemChina has adhered to the international development strategy, regarded internationalization as an important starting point to create a world-class enterprise, deeply cultivated key country markets, expanded its business layout in new countries, and built a number of key projects around the world. , creating many "best in the world" and "first in the world". ChemChina now has more than 140 overseas institutions and its business covers more than 80 countries and regions around the world. Starting from 2021, China Chemical will steadily rank first in the global oil and gas services field, contributing China's chemical wisdom and strength to the development of the world economy. Editor/Xu Shengpeng


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