Paving the Way for Global Excellence in Engineering
Yokogawa Electric Corporation has just registered a major strategic breakthrough: its subsidiary, Yokogawa China, has signed a Memorandum of Cooperation (MoC) with Sinopec Engineering Group (SEG).
This all-encompassing agreement lays the ground for extensive cooperation in international Engineering, Procurement, and Construction (EPC) projects.
The key aim is to considerably enhance plant engineering support for SEG's ambitious international projects.
This partnership constitutes an undeniable synergy of expertise set to redefine industrial project delivery internationally.
Establishing Upon the Basis of Trust and Success
SEG and Yokogawa China have a rich history of collaboration already, having worked together on numerous complex refining and ethylene projects in China.
The new MoC now formally lays down a platform for the two companies to particularly pursue additional cooperation for contracting international EPC projects.
As a result, both companies will benefit immensely from this increased cooperation, particularly through industrial automation development and a major geographical expansion.
A Prestigious Partnership towards Global Development
SEG is the engineering arm of the influential Sinopec Group, a worldwide leader in oil refining and petrochemical business.
SEG designs and constructs major-scale refining and petrochemical complexes both domestically and internationally.
Therefore, SEG's intent to implement this agreement certainly reflects its sense of appreciation towards the Yokogawa Group as a credible partner.
Yokogawa possesses the necessary engineering expertise, project execution background, and technology know-how to support SEG in developing its business on a worldwide scale.
Under this partnership, Yokogawa will provide its newest control and protection systems, as well as related important services, for collaborative works in China and overseas.
A Vision for Success Together
Yokogawa Electric Director, President, and CEO Kunimasa Shigeno highlighted the strategic importance of the partnership.
"It was an honor to be invited to SEG headquarters to witness this strategic milestone," he stated.
"Through this partnership, we look forward to working with SEG to deliver successful projects to our mutual end customers in China and beyond."
This partnership unequivocally reflects the significance of strategic cooperation between technology market leaders and international EPC titans for delivering solid, high-quality industrial automation solutions to the world's most critical energy and petrochemical projects.
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Yokogawa |
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