# China Huanqiu signs $4.66B ethylene plant EPC contract with PetroChina Guangxi

China Huanqiu Engineering, a subsidiary of China Petroleum Engineering, signed a 4.658 billion yuan EPC contract with PetroChina Guangxi Petrochemical for a 1.2 million ton/year ethylene plant as part of an integrated refining and petrochemical upgrade project in Qinzhou, Guangxi.

- Type: Contract
- Announced: 2023-07-31
- Where: Qinzhou, Guangxi, China
- Status: announced
- Capacity: 1.2 million tons per year of ethylene
- Products: ethylene, pyrolysis gasoline, styrene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [China Huanqiu Engineering](https://endata.com/companies/71721.md)
- [Petrochina Guangxi Petrochemical Company](https://endata.com/companies/70074.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/968271.html), 2023-07-31: "The company's wholly-owned subsidiary China Huanqiu Engineering Co., Ltd. signed a contract with PetroChina Guangxi Petrochemical Company for the ethylene plant engineering design, procurement and construction general contract of the integrated refining and petrochemical upgrade project."

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