Independent journal on economy and transport policy
14:35 GMT+1
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Chinese ZPMC enters in the field of the construction of petrochemical systems
Signed a contract for the realization of a project of the value of about 977 million dollars
August 25, 2016
The Chinese Shanghai Zhenhua Heavy Industry Co. (ZPMC), one of the main world-wide producers of crane and other means of raising whose activity includes also the construction of naval means, structures and systems for the offshore industry, of great structures in steel and harbour terminals let alone the supply of marine services for the transport of crane and other means, have announced today own income in the field of the construction of petrochemical systems.
ZPMC, whose main shareholder is the Chinese group Lowers Communications Construction Co. (CCCC) that it possesses one participation of 46.2% about, have undersigned with the group Lanqiao di Rizhao the contract for the realization of the "Rizhao Lanqiao Port Petrochemical Heavy Quality Oil Processing and Oil Quality Upgrading Project" that it previews the construction of a petrochemical system to Rizhao.
For the realization of the project a total investment of 6,5 billion yuan will be necessary (977 million dollars). According to the forecasts, the project will be completed on August 18, 2018.
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The Chinese Shanghai Zhenhua Heavy Industry Co. (ZPMC), one of the main world-wide producers of crane and other means of raising whose activity includes also the construction of naval means, structures and systems for the offshore industry, of great structures in steel and harbour terminals let alone the supply of marine services for the transport of crane and other means, have announced today own income in the field of the construction of petrochemical systems.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
