[Sinopec and TR joint venture wins large-scale project in Kazakhstan]Recently, the joint venture between Sinopec and Spain's Tecnicas Reunidas successfully won the favor of the leading consortium of Kazakhstan National Oil and Gas Company and won a major contract to develop a large-scale cracking unit. With a total investment of up to 2.3 billion euros, the two companies will contribute 50% to the construction of an ethylene production plant with an annual capacity of 1.3 million tonnes, which is expected to be completed by the end of 2028. As part of the polyethylene production complex in Kazakhstan, the plant will use natural gas as a feedstock to promote the development of the local petrochemical industry. In addition, Lummus Technology of United States was selected as the technical service provider of the project to ensure technological advancement and production efficiency. Editor/Jiang Mingyue
On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting
At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting