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Jiangsu Sierbang Petrochemical Co., Ltd. was established in December 2010 as a wholly-owned subsidiary of the Shenghong Group. It is located in the Xuwei New District of Lianyungang City, Jiangsu Province, one of China’s seven major petrochemical industrial bases. The company occupies an area of over 300 hectares, has a registered capital of 5.588 billion yuan, employs more than 2,000 people, and generates annual revenue exceeding 10 billion yuan.
The CO₂ project undertaken by our company is a sub-unit of the company’s CO₂ recovery and reuse and EOD expansion project. Our company serves as the EPC contractor for this project, which adopts a “digital delivery” model and represents a typical example of our recent transition to “digital factory” delivery.