Wison Offshore & Marine Awarded Fabrication Contract of World’s Largest Modularized Cracking Furnace

Shanghai, China, June 19th, 2017– Wison Offshore & Marine today announced that the company has been awarded a contract to fabricate modules for 9 sets of 200,000t/y ethylene cracking furnaces for an integrated refining and petrochemical complex of Zhejiang Petrochemical Co. Ltd. in Zhejiang Province, China. The cracking furnaces will become the world's largest single cracking furnace that will be modularized and transported in its entirety. It is also the largest cracking furnace equipment in terms of production capacity in China to date.

Wison offshore & Marine will complete the fabrication work at its yard in Zhoushan, Zhejiang Province, China. Wison Zhoushan Yard covers nearly 1.5 million square meters and its first-phase construction was completed in 2013. This yard is well-equipped for the construction of large hulls, topsides and jackets, as well as modularized components for both offshore facilities and onshore large-scale industrial plants.

Mr. CUI Ying, CEO of Wison Offshore and Marine said, “The project adds Wison’s another important milestone in large module fabrication for onshore plants and strengthen our market position as a quality and cost-effective fabrication service provider for the oil and gas industry.”

“From large module projects to a variety of innovative mid-stream floating LNG facilities we create innovative solutions in a flexible and reliable manner, which cater to our clients’ needs and help them to monetize their investment more efficiently.” Added Mr. CUI.