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Publish Date : 31-Dec-2013

A unit of Asia's top refiner Sinopec Group, Sinopec Engineering (Group) Co. has received a contract to build one of the world's largest coal-to-chemical projects in north China, worth US$3.1 billion.

As per the deal, the company will have to take up the engineering, procurement and construction of the project for Zhong Tian He Chuang Energy Corp.

Zhong Tian He Chuang is 38.75 percent owned by Sinopec Corp, which is the flagship listed unit of Sinopec Group.

Location of the complex is in Uxin Banner in Ordos, the Inner Mongolia Autonomous Region.

Once completed, it will be the biggest coal-to-olefin complex in the world, and will have annual production capacity of 3.6 million tons of olefins — mainly ethylene or the key petrochemical building block, said, Sinopec Engineering.

The project will adopt Sinopec's self-developed technology called as SMTO for production of olefins from methanol, which can be extracted from coal.

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