# China Huanqiu-led JV signs $423M EPC contract for Guangxi Petrochemical PO/SM unit

China Huanqiu Contracting & Engineering and its subsidiary China Petroleum Sixth Construction, as a joint venture, signed a 3.033 billion yuan EPC contract with PetroChina Guangxi Petrochemical for the epoxypropane/styrene (with ethylbenzene) unit of the Guangxi Petrochemical refining and chemical integration upgrade project in Qinzhou, Guangxi.

- Type: Contract
- Announced: 2023-09-08
- Where: Qinzhou, Guangxi, China
- Value: $423.0M (3.03B CNY)
- Status: announced
- Products: epoxypropane, styrene, ethylbenzene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [China Huanqiu Contracting & Engineering Co Ltd](https://endata.com/companies/15830.md)
- [Petrochina Guangxi Petrochemical Company](https://endata.com/companies/70074.md) (customer)
- [China Petroleum Sixth Construction](https://endata.com/companies/72495.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/992518.html), 2023-09-08: "公司全资子公司中国寰球工程有限公司及其全资子公司中国石油天然气第六建设有限公司组成联合体，共同与中国石油天然气股份有限公司广西石化分公司签署中国石油广西石化炼化一体化转型升级项目环氧丙烷/苯乙烯(含乙苯)装置工程设计采购施工总承包合同,合同金额30.33亿元人民币。"

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