# Wood secures $120M EPC contract for Sinopec Hainan ethylene expansion

Wood has secured a contract valued at over $120 million with Sinopec Hainan Refining and Chemical to provide EPC services for an ethylene renovation and expansion project in the Hainan Free Trade Zone. The project will produce up to one million tonnes of ethylene derivatives annually.

- Type: Contract
- Announced: 2021-01-12
- Where: Hainan Free Trade Zone, China
- Value: $120.0M
- Status: announced
- Capacity: 1 million tonnes of ethylene derivatives per year
- Products: ethylene derivatives, refined oil
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Wood Group](https://endata.com/companies/386.md) (supplier)
- [Sinopec Hainan Refining and Chemical](https://endata.com/companies/52459.md) (customer)

## Sources

- [woodgroup.com](https://www.woodgroup.com/news/latest-press-releases/2021/wood-secures-$120-million-contract-for-ethylene-expansion-in-china), 2021-01-12: "We are delighted to win this new contract with Sinopec which demonstrates the strength of our long-standing relationship with the client and their confidence in our extensive EPC expertise in the petrochemical sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.