Sinopec Engineering Group acquires East China Pipeline Design and Research Institute.
According to the report of Sinopec, on January 8th, Nanjing Engineering Company, a wholly-owned subsidiary of Refining and Chemical Engineering Group, acquired East China Pipeline Design and Research Institute. This acquisition aligns with the development strategy of Refining and Chemical Engineering Group, and is of great significance for strengthening the company's industrial chain and enhancing its core competitiveness. Through this acquisition, the company will increase and continuously enrich its EPC qualifications and engineering execution capabilities in long-distance pipelines and storage and transportation facilities, creating conditions for expanding into emerging markets such as hydrogen energy pipelines, aviation fuel pipelines, and long-distance pipelines for chemical products.
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