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Home > News > China and Russia will jointly build the world's largest ethylene integration project

China and Russia will jointly build the world's largest ethylene integration project

2019-10-14

China Chemical Engineering Group Co., Ltd. (referred to as China Chemical) and Russia Natural Gas Mining Co., Ltd. signed the FEED+EPC general contract for the Russian Baltic Chemical Complex (BCC) project in Chengdu. The project is the world's largest ethylene integration project, and is currently the largest single contract in the global petrochemical sector, with a contract value of approximately 12 billion euros.

It is understood that ethylene is one of the largest chemical products in the world. The ethylene industry is the core of the petrochemical industry, and ethylene products account for more than 75% of petrochemical products.
The Baltic Chemical Complex (BCC) project is one of the large-scale natural gas liquefaction and processing plants implemented by Gazprom Russia and Gazprom Russia in Ustruga, Russia. According to the plan, the scale of the project is a petrochemical complex with an annual output of 2.8 million tons of ethylene and 2.88 million tons of polyethylene, using the most advanced technology in the world.

The project was undertaken and implemented by China Chemical Engineering No. 7 Construction Co., Ltd. under China Chemical. China Chemical Engineering Seventh Construction Co., Ltd. has more than ten years of engineering contracting experience in Russia and has good cooperative relations with many large oil and gas companies in Russia. During the construction of the project, China Chemicals can provide more than 6,000 jobs for the local area and provide technical and skills training for the hired personnel. After the project is completed, it will provide more than 3,000 long-term stable jobs.

Dai Hegen, secretary of the China Chemical Party Committee and chairman of the board of directors, said that up to now, China Chemical has over 320 projects under construction outside China, with a total contract value of more than 58 billion US dollars. A total of six large-scale petrochemical projects have been completed and are being implemented in Russia. Among them, the completed TAF project won the Luban Award for China's overseas projects and was praised as [the Russian star project built by the Chinese enterprises".

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