On December 3, Shanghai Baoye signed a partnership agreement for comprehensive strategic cooperation as well as three project contracts, related to (methanol) reformer in Russia, reformer in Peru and the modularization of heater in Kazakhstan with International Thermal Technology S.p.A. (ITT S.p.A.). As a result, the two sides complement each other and make progress in expanding international high-end equipment manufacturing market through alliance.
Projects cover two reformers, one heater, 5000 tons of non-standard equipment and numerous processes, such as structure fabrication, lining erection, coil manufacturing and modularization. Besides, 24 convection sections and chimney modules are included. The design temperature of (methanol) reformer in Russia reaches minus 42 degrees.
Shanghai Baoye responses to national strategic deployment of "building China into a manufacturing power and developing advanced manufacturing industry in a faster speed" actively. Due to consummate skills and abundant experience, it has become an international and professional service provider for petrochemical industrial furnace technology with both skills and resource integration capability, striving to promote petrochemical industrial furnace industry to the high end of value chain.