China National Chemical Engineering signs 25 major projects with total contract value exceeding 100 billion yuan
On May 25, 2026, China National Chemical Engineering Corporation (CNCEC) released an announcement on its major operating situation for January—April 2026. The data shows that the total value of newly signed contracts by the company in the first four months of this year was 128.466 billion RMB, covering multiple fields both domestically and internationally, with outstanding results in the signing of major projects.
A total of 25 key projects were signed, fully covering core sectors such as traditional chemical engineering, new energy, hydrogen energy, lithium battery materials, natural gas utilization, and environmental protection upgrades, further consolidating the company's core competitiveness in domestic and international engineering fields.
In terms of market regions, the domestic market contributed 85.395 billion RMB in contract value, while the overseas market contributed 43.071 billion RMB, with domestic and international business advancing steadily.
Signing Status by Business Type
The details of newly signed contracts from January to April of this year by business type are as follows (Unit: 100 million RMB, Currency: RMB):
| Business Type | Number of Projects | Contract Amount |
|---|---|---|
| Engineering Business | 1845 | 1242.96 |
| Of which: Chemical Engineering | 1677 | 1124.85 |
| Other Engineering | 168 | 118.11 |
| Industrial Business | - | 38.92 |
| Modern Service Industry | - | 2.78 |
| Total | 1845 | 1284.66 |
Data shows that engineering business is the core pillar of the company's revenue, accounting for over 90% of the total signed amount, with chemical engineering performing particularly prominently. Industrial business and modern service industries steadily supplement the business landscape, forming a diversified business development pattern.
Highlights of Major Project Signings by Month in 2026
April: The company signed a total of 4 major contracts each worth over 500 million RMB. The largest contract for the month was 2.550 billion RMB, representing the EPCC general contracting contract for the Combined Soda Section of the Hengyang Green Salt-Alkali Industrial Base Project of Hunan Xuetian Salt-Alkali New Materials Co., Ltd., won by China Chengda Engineering Co., Ltd.
| No. | Unit Name | Project Name | Contract Amount |
|---|---|---|---|
| 1 | China Chengda Engineering Co., Ltd. | Design, Procurement, Construction, and Commissioning (EPCC) General Contracting Contract for the Combined Soda Section of the Hengyang Green Salt-Alkali Industrial Base Project of Hunan Xuetian Salt-Alkali New Materials Co., Ltd. | 25.50 |
| 2 | Hualu Engineering Technology Co., Ltd. | EPC Contract for the Utility System of Ethanol Acetic Acid Downstream Products Project (Phase I) of Shaanxi Yanchang Petroleum Yulin Coal Chemical Co., Ltd. | 13.55 |
| 3 | CNCEC Eleventh Construction Co., Ltd. | PC General Contracting Contract for Hydrogen Production Section of the Integrated Wind-Solar Hydrogen Production Project in Dengkou County, Inner Mongolia Shaoyao New Energy Co., Ltd. | 9.25 |
| 4 | China Tianchen Engineering Co., Ltd. | General Contracting Contract for Can Tho Energy Engineering Project in Vietnam | Approx. 6.97 (in RMB) |
March: There were 6 major contracts each exceeding 500 million RMB, with a total amount of approximately 19.512 billion RMB. Among them, the EPC contract for the UAE TA'ZIZ Salt Chemical Project won by CNCEC Seventh Construction Co., Ltd. amounted to 14.843 billion RMB, becoming the largest single overseas project in the first four months.
| No. | Unit Name | Project Name | Contract Amount |
|---|---|---|---|
| 1 | CNCEC Seventh Construction Co., Ltd. | EPC Contract for UAE TA'ZIZ Salt Chemical Project | Approx. 148.43 (in RMB) |
| 2 | CNCEC Thirteenth Construction Co., Ltd. | EPC General Contracting Contract for Guangjie Energy Zunyi Xinpu New District Natural Gas Comprehensive Utilization Project | 14.10 |
| 3 | China Chengda Engineering Co., Ltd. | General Contracting Contract for New Energy Lithium Battery Material Project of Sichuan Tianhua Times Lithium Energy Co., Ltd. | 12.38 |
| 4 | Joint Venture of Sedin Engineering Co., Ltd. and CNCEC Seventh Construction Co., Ltd. | General Contracting Contract for 100,000 Tons/Year Green Fine Chemicals Project of Sichuan Lutianhua Oleochemical Co., Ltd. | 8.52 |
| 5 | CNCEC Second Construction Group Co., Ltd. | General Contracting Contract for Huaxing P07 Pyrometallurgy Project of Huaxing Nickel Industry (Indonesia) Co., Ltd. in IPIP Park | Approx. 6.41 (in RMB) |
| 6 | CNCEC Sixth Construction Co., Ltd. | EPC General Contracting Contract for Tiansheng 20,000 Tons/Year Seawater Bromine Extraction Project | Approx. 5.28 (in RMB) |
February: 5 major contracts worth over 500 million RMB were signed, with a total amount of approximately 4.635 billion RMB.
| No. | Unit Name | Project Name | Contract Amount |
|---|---|---|---|
| 1 | Sedin Engineering Co., Ltd. | EPC Contract for Fixed Bed Gasification, Shift, and Cooling Unit of Guoneng Zhundong 2 Billion Cubic Meters/Year Coal-to-SNG Project | 13.52 |
| 2 | CNCEC Second Construction Group Co., Ltd. | Onshore Contract for GDI Project of PT GUNA DARMA INTEGRA Indonesia FHT Park | Approx. 12.14 (in RMB) |
| 3 | China Tianchen Engineering Co., Ltd. | EPC Contract for SABIC Kayan High Molecular Weight Polyethylene Glycol Project | Approx. 8.19 (in RMB) |
| 4 | Sedin Engineering Co., Ltd. | EPC Contract for Coal Gas Water Separation Unit of Guoneng Zhundong 2 Billion Cubic Meters/Year Coal-to-SNG Project | 6.60 |
| 5 | China Tianchen Engineering Co., Ltd. | EPC Contract for Wastewater Treatment System and Partial Plant-wide Utility Facilities of Guoneng Zhundong 2 Billion Cubic Meters/Year Coal-to-SNG Project | 5.90 |
January: 10 projects each worth over 500 million RMB were landed, establishing a good start for the business throughout the year.
| No. | Unit Name | Project Contract Name | Contract Amount |
|---|---|---|---|
| 1 | China Tianchen Engineering Co., Ltd. | Ghana Chrispod Inchaban 541MW Gas Power Station Project | Approx. 28.90 (in RMB) |
| 2 | China Chengda Engineering Co., Ltd. | Design, Procurement, and Construction (EPC) General Contracting Contract for Gas Storage Engineering of PipeChina Yuedong LNG Receiving Station | 14.90 |
| 3 | China Wuhuan Engineering Co., Ltd. | Chemical EPC General Contracting Contract for Jiyuan (Siping) Green Energy Co., Ltd. Lishu Wind-Solar Green Hydrogen Biomass Coupled Green Methanol Project | 13.29 |
| 4 | CNCEC Sixth Construction Co., Ltd. | Construction Contract for Yongnong Bioscience Co., Ltd. Bio-enzyme Catalyzed New Materials and Green Functional Chemicals Intelligent Manufacturing Project | 12.00 |
| 5 | CNCEC Fourteenth Construction Co., Ltd. | Annual 300,000 Tons 40% Industrial Waste Salt to Ion Membrane Caustic Soda Plant Project of Phase II of Hongniu (Urumqi) Environmental Protection Technology Co., Ltd. Green Environmental Protection Resource-Based Circular Economy Comprehensive Utilization Project | 9.88 |
| 6 | CNCEC Huayi Engineering Technology Co., Ltd. | General Contracting Contract for Zhuofeite Smart Hydrogen Energy Industrial Park Project of Xinjiang Zhuofeite Hydrogen Energy Technology Co., Ltd. | 8.16 |
| 7 | China Tianchen Engineering Co., Ltd. | Design, Procurement, and Construction (EPC) General Contracting Contract for Purification Unit Construction Project of CHN Energy Zhundong 2 Billion Cubic Meters/Year Coal-to-SNG Project of Guoneng Xinjiang Coal-to-Gas Co., Ltd. | 7.32 |
| 8 | China Chengda Engineering Co., Ltd. | Design, Procurement, and Construction (EPC) General Contracting Contract for Power Station and Waste Heat Recovery Unit Construction Project of CHN Energy Zhundong 2 Billion Cubic Meters/Year Coal-to-SNG Project of Guoneng Xinjiang Coal-to-Gas Co., Ltd. | 7.06 |
| 9 | CNCEC Sixth Construction Co., Ltd. | Construction and Installation General Contracting Contract for Coal-based High-end New Materials Project of Ningxia Carbonhe Xinke New Materials Co., Ltd. | 7.00 |
| 10 | CNCEC Sixth Construction Co., Ltd. | General EPC Contracting Contract for Phase I Environmental Protection Upgrade, Capacity Expansion, Efficiency Improvement, and Chain Extension and Supplementation Project of Sichuan Yongying New Materials Co., Ltd. Sichuan Yongying BDO Project | 5.20 |
Industry analysis suggests that the substantial total contract value signed by CNCEC in the first four months, with the continuous landing of large-scale overseas chemical projects and domestic new material and new energy engineering projects, demonstrates the company's core competitiveness in the chemical engineering field and lays a solid foundation for the growth of annual operating performance.
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Commodity Price Chart
| Product name | Price (yuan/ton) | Price Limit |
|---|---|---|
| MEK | 7900.00 | -12.87% |
| Ethylene oxide | 6800.00 | -10.53% |
| Lithium hydroxide | 140000.00 | -10.26% |
| Lithium carbonate | 160000.00 | -10.11% |
| Isobutyraldehyde | 6733.33 | -9.82% |
| Ammonium sulfate | 1503.33 | -9.80% |
| Lithium carbonate | 158000.00 | -9.71% |
| ECH | 10400.00 | -8.77% |
| Lithium hydroxide | 152000.00 | -8.43% |
| Adipic acid | 8366.67 | -8.06% |
| Propylene glycol methyl ether | 8883.33 | -7.85% |
| TDI | 14800.00 | -7.31% |
| Ethyl acetoacetate | 11475.00 | +7.24% |
| Aniline | 9525.00 | -7.19% |
| Sulfur | 8033.33 | +7.11% |
Commodity Intelligence
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