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Wison Engineering Awarded New MTO Contracts by Connel Chemical

( 5 August,2016 SHANGHAI) Wison Engineering (“Wison”), one of China’s leading chemical engineering, procurement and construction management (“EPC”) service and technology providers, today announced that it has been awarded an EPC contract for a 300kta methanol-to-olefins (MTO) unit that will constitute the first phase of Connel Chemical Industry Ltd.(“Connel”)’s 600kta MTO plant. The two parties also signed a licensing and process design package (PDP) contract for Wison’s proprietary olefin separation technology, which is the tenth licensing of this technology.

The project will utilize an integrated solution that leverages UOP’s MTO+OCP (Olefin Cracking Process) technology and Wison’s high recovery olefin separation technology. Wison Engineering will be responsible for the engineering, design, procurement and construction of the MTO reaction and concentration unit, the olefin separation unit, the olefin cracking unit and additional auxiliaries. The project is scheduled to be delivered in October, 2017.

Wang Daxiang, General Manager of Connel Group said: “The 600kta MTO project is an important step for Connel Chemical’s industrial upgrading as well as a key link in Jilin City’s fine chemical supply chain. We are confident that Wison’s advanced, high recovery technology and rich experience in MTO project execution will ensure a successful outcome.”

Zhou Hongliang, Executive Senior Vice President said: “We are honored to help facilitate Connel’s business expansion and Jilin City’s industrial upgrading. In line with our strategy to drive business development with innovative technologies, Wison is creating great benefits for domestic project owners thanks to our proprietary olefin separation technology and UOP’s process. We have built up a robust EPC project track records, turning MTO into one of Wison’s great strengths. In the Connel project, we’ll deploy our first-class team to ensure a successful delivery as we always do.”

Wison Engineering’s olefin separation technology has passed scientific and technological appraisal conducted by the China Petroleum and Chemical Industry Federation ("CPCIF"), meeting advanced international standards. Product recovery for ethylene and propylene products has also reached the top standard worldwide.

Connel is the largest aniline producer in the world. The 600kta MTO project will serve to boost the ethylene and propylene supply chain of Jilin Economic & Technological Development Area as detailed in the “13th Five-Year Plan”, which is to be developed into a renowned fine chemical industry base in China.

News

Wison Engineering was awarded “The Technology Innovation Award” for VESTA SNG Process Development by Clariant

News

Wison Offshore & Marine enters new contract for ship to shore cranes

(April 21st, 2016, Shanghai) Wison Offshore & Marine announced today that the company signed a contract with Konecranes for the supply of four ship to shore cranes. The contract reinforces favorable long-term cooperation between the two companies.

Pursuant to the contract, Wison Offshore & Marine will be responsible for material procurement, structure manufacturing, installation, and commissioning for the four ship to shore cranes. They will be loaded and transported from Wison Offshore & Marine’s yard in Nantong to the port of Georgia, USA. Project completion is scheduled for the third quarter of 2017.

“Cranes have always been an important product offering at Wison Offshore &  Marine. Together with our main product lines, which pertain to floating liquefaction and storage facilities, platforms, and modules, offering cranes as well helps us to provide complete services for our oil and gas industry customers.” Mr. Ying Cui, CEO of Wison Offshore & Marine, explains.

Wison Offshore & Marine Overview:

Wison Offshore & Marine is the upstream oil and gas division of the Wison Group. The company’s services cover the full life cycle of project delivery, from facility design and engineering, to project management, construction, commissioning and operations. This expertise can be applied to all types of oil and gas developments, particularly in the areas of floating LNG production and transportation facilities, platforms, modules fabrications, marine and offshore support vessels and offshore lifting equipment.

Headquartered in Shanghai, the company owns and operates two yards in Nantong and Zhoushan China, which are dedicated to the fabrication of oil and gas facilities and structured to the highest international standards of safety and quality. The company has been certified by DNV for compliance of a series of quality management standards including ISO 9001:2008, OHSAS 18001:2007 and ISO 14001:2004.

For more info about Wison Offshore & Marine, please visitwww.wison.com

For further enquiries, please contact:

Nancy Li

Tel: (8621) 2030 6693

Email: lishaoyong@wison.com

MoreThe Wison Group

With a focus on energy, Wison is committed to being a diversified group encompassing the three sectors of Engineering Sevices, Offshore & Marine and Business Investment.