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CNCEC subsidiary inks USD1.479-bln EPC contract with Russian firm

February 02, 2019


Abstract : China National Chemical Engineering Co., Ltd. (CNCEC,601117.SH ) announced Friday that its wholly-owned subsidiary China Chengda Engineering Co. Ltd. has signed an EPC contract with a fertilizer company in Russia.

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BEIJING, Feb. 2 (Xinhua) -- China National Chemical Engineering Co., Ltd. (CNCEC, 601117.SH ) announced Friday that its wholly-owned subsidiary China Chengda Engineering Co. Ltd. has signed an engineering, procurement and construction (EPC) contract on a 5,400-tonne/day methanol project with a fertilizer company in Russia.

The contract, valuing 1.479 billion U.S. dollars (about 9.91 billion yuan), will last for 46 months. (Edited by Gu Shanshan)

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Keyword: Russia EPC CNCEC

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