News Post
Wison Engineering Awarded 40 Million Tons/Year Refining and Chemical Integration Project of Ethylene Cracking Furnace from Zhejiang Petrochemical
(Shanghai, June 5, 2017) Wison Engineering (“Wison Engineering”, SEHK stock code: 2236) announced that its non-wholly owned subsidiary, Wison Engineering (China) Limited, was successfully awarded a contract by Zhejiang Petrochemical Co., Ltd (“Zhejiang Petrochemical”) to deliver nine ethylene cracking furnaces for a 40 million tons/year refining and chemical integrated complex (Phase I) . The 9 ethylene cracking furnaces will be in modularized fabrication and scheduled to be delivered in modular by early 2018.
Zhejiang Petrochemical refining and chemical integrated complex (Phase I) will produce 1400k tons ethylene per year. With a capacity of 200 thousand tons/year for a single furnace, it becomes the largest cracking furnace equipment in terms of production capacity in China to date.
Due to the intense schedule and site constraints, the project will be prefabricated, assembled and transported as a whole, which poses a huge challenge for the contractor in its resource management, modular construction and overall transportation. It is also the world's largest single cracking furnace that will be transported and delivered in a whole. As a leader in the domestic ethylene cracking furnace industry, Wison Engineering owns a track record of over 170 sets of ethylene cracking furnaces. The award of this project has once again showcased the customer's trust and support for Wison Engineering.
Mr. Zhou Hongliang, Senior Vice President of Wison Engineering said: "We are very grateful to the trust given to us by Zhejiang Petrochemical. The cracking furnace has always been one of the strongest areas of Wison Engineering. In spite of all challenges caused by the tight delivery timeline of the large-scale project, Wison Engineering will actively mobilize the company’s resources in the implementation of modular construction and overall transportation strategy to ensure the successful delivery of the project.”
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