Sinopec’s Sinopec Refining and Chemical Engineering Group, and its wholly-owned subsidiaries, the Fourth Construction Company and the Tenth Construction Company, are equivalent to signing the Russian Amur Ethylene Plant through a cloud video conference with the Russian Amur Natural Gas Chemical Plant on March 3, 2021. General contract of construction project.

Demonstration project of China-Russia capacity cooperation

According to the contract, the Refining & Chemical Engineering Group and its subsidiaries will provide engineering services for the ethylene plant of the Amur Natural Gas Chemical Plant in Russia, with a contract value of approximately US$942 million. The Russian Amur Natural Gas Chemical Plant project is the first time that a refining and chemical engineering group has undertaken a general contracting project in Russia, and it is also the largest overseas contracted monomer construction project of the refining and chemical engineering group.

After the project is completed, it will become the world's largest polymer plant using light hydrocarbons as raw materials. The project is located in Prague Vischensk, the capital of the Russian Far East Amur Region. The total investment is expected to exceed 10 billion U.S. dollars. It will use the mixed light hydrocarbons produced by the upstream Amur natural gas processing plant to produce ethylene, propylene and other products by steam cracking, and further process and produce linear products. Low-density polyethylene, high-density polyethylene, polypropylene and other high value-added products.

Sinopec is an investor in Russia's Amur Natural Gas Chemical Plant, which is a demonstration project of China-Russia capacity cooperation. On June 5, 2019, at the St. Petersburg International Economic Forum in Russia, witnessed by the heads of state of China and Russia, Sinopec Group and SIBUR Group signed a cooperation agreement for the construction of the Russian Amur Natural Gas Chemical Plant. Editor/Sang Xiaomei