Sinopec Engineering Group Announces New Contracts and Backlog Update for Third Quarter 2025

Reuters
Oct 17
Sinopec Engineering Group Announces New Contracts and Backlog Update for Third Quarter 2025

Sinopec Engineering Group Co. Ltd. announced that for the three months ended 30 September 2025, the total value of new contracts entered into by the Group amounted to RMB20.189 billion. Representative contracts during this period include an EPC contract with Sinopec (Henan) Refining & Chemical Co., Ltd. for ethylene and related facilities under the Sinopec Luoyang Million-Ton Ethylene Project, valued at approximately RMB3.325 billion, and an EPC contract with Shaanxi Yulin Energy Fine Chemical Materials Co., Ltd. for a 400,000-ton-per-year DMTA unit under the Million-Ton High-End Chemicals New Materials Project, with a contract value of RMB1.331 billion. The total value of new contracts for the nine months ended 30 September 2025 reached RMB91.347 billion, and the backlog as at 30 September 2025 was RMB215.470 billion. The company emphasized that this information does not constitute a profit forecast or prediction.

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