XCMG NEWS

RMB 80 Billion of Project Investments! XCMG and Sinopec Jointly Promote Sea Petrochemical Development!

On November 6, 2017, the first electrical desalter of large oil refining project equipment in Phase I of refining and chemical integration project of 40 million tons/year in Zhejiang Petrochemical Company was successfully hoisted by two XCMG crawler cranes, which started the cooperation between Jiangsu XCMG Guanglian Machinery Rental Co. Ltd. and Sinopec Heavy Lifting Transportation Engineering Co., Ltd.

 

The refining and chemical integration project of 40 million tons/year in Zhejiang Petrochemical Company is located in green petrochemical base of big and small Fish Mountain Islands of Zhoushan Islands of Zhejiang Province. The Phase I Project is expected to be completed and put into operation by the end of December 2018 and Phase II Project is expected to be completed and put into operation in the first quarter of 2021. The total investments of the Project reach RMB 80 billion, which is the largest in China and the top in the world in respect of scale and costs. It is reported that all the heavy parts hoisting in the unprecedented and super-large refining and chemical integration project in the island will be in the charge of Sinopec Heavy Lifting Transportation Engineering Co., Ltd. (SLT). The total hoisting tonnage will be near 200,000 tons.

 

XCMG QUY450 crawler crane hoisting the first electrical desalter

 

XCMG has had a strategic cooperative relationship with Sinopec for more than ten years. The two parties have successfully implemented a number of cooperation projects that promote industrial research, lead technological development and enhance China’s industrial competitiveness within the two fields of Chinese equipment and construction. SLT is the first specialized engineering company established after the restructuring and listing of Sinopec’s refinery chemical engineering, and shoulders important responsibilities of innovative operation mode of Sinopec’s refinery chemical engineering in new stage as well as international professional development.

 

Signing Ceremony of Equipment Cooperation Agreement between Sinopec Heavy Lifting Transportation Engineering Co. Ltd. and Jiangsu XCMG Guanglian Machinery Rental Co., Ltd. in Beijing on May 22

 

XCMG Guanglian Machinery Rental Co., Ltd. is the equipment operation platform established by XCMG to deal with the transformation and upgrading of China’s engineering machinery industry market, and also an important enterprise to optimize XCMG’s market operation mode and promote the innovation in industry market service. Sinopec Heavy Lifting Transportation Engineering Co. Ltd. and Jiangsu XCMG Guanglian Machinery Rental Co., Ltd. held the Signing Ceremony of Hoisting Equipment Cooperation Agreement in Beijing on May 22, 2017. The two companies have reached an overall agreement to a deeper level in engineering and equipment cooperation through months of communication and discussion based on long-term good cooperation. The first electrical desalter in refining and chemical integration project of 40 million tons/year in Zhejiang Petrochemical Company was hoisted by one QUY450 crawler crane from XCMG Guanglian.


It is reported that another set of hoisting equipment XGC16000 of XCMG Guanglian will land on the island in the middle of November to make contributions to sea petrochemical development.