China Chemical Signs Nearly 100 Billion Yuan in New Deals During SCO Summit

On September 2, during the SCO Council of Heads of State meeting in Tianjin, witnessed jointly by Azerbaijani President Ilham Aliyev and Mo Dingge, Party Secretary and Chairman of China National Chemical Engineering Group Corporation, China National Chemical Engineering Seventh Construction Co., Ltd., a subsidiary of China National Chemical Engineering, signed framework agreements with SOCAR for two projects: an ethylene complex and a refining complex, with a total value of approximately 12 billion USD. It is reported that these two projects are the largest petrochemical complex projects in Azerbaijan.

(Azerbaijani President Ilham Aliyev in the center; second from the left, Azerbaijani Deputy Prime Minister Shahin Mustafayev; third from the right, Azerbaijani Minister of Economy Mikayil Jabbarov; fourth from the left, Chairman of China National Chemical Engineering Group Mo Dingge; fourth from the right, Deputy General Manager of China National Chemical Engineering Group Wu Xiangong; third from the left, General Manager of China National Chemical Engineering No.7 Construction Co., Ltd. Long Haiyang)