TacticScaleWhat SINOPEC Engineering Does & How It Makes Money (2386.HK)
Updated October 2026 · reflects SINOPEC Engineering's latest reported financials
Sinopec-backed engineering and construction contractor for refineries and chemical plants. It earns revenue mainly from engineering, procurement and construction (EPC) contracts, construction work, and design, consulting and technology licensing fees.
How SINOPEC Engineering makes money
It earns revenue mainly from engineering, procurement and construction (EPC) contracts, construction work, and design, consulting and technology licensing fees. It also sells equipment and spare parts for refining and chemical facilities.
What SINOPEC Engineering does
SINOPEC Engineering (Group) is an engineering and construction company controlled by China Petrochemical Corporation (Sinopec Group). Founded in 2012 and based in Beijing, it builds industrial facilities for petroleum refining, petrochemicals, aromatics, coal chemicals, inorganic and pharmaceutical chemicals, clean energy, storage and transportation, and environmental protection. It works in China and internationally, including Saudi Arabia and Kuwait. The company has four segments: Engineering, Consulting and Licensing (design, R&D, feasibility studies); EPC Contracting (integrated delivery and project management); Construction (infrastructure, pipelines, storage, maintenance and heavy lifting); and Equipment Manufacturing (equipment and spare parts for refining and chemical plants). It also offers technical services, equipment leasing, medicine, pesticide and chemical research, and powder engineering services.
Products & services
- EPC contracting for refining and petrochemical plants
- Engineering design, consulting and technology licensing
- Industrial construction, pipelines and oil & gas storage
- Large equipment lifting and construction transportation
- Refining and chemical equipment manufacturing and spare parts
What is SINOPEC Engineering worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See SINOPEC Engineering on TacticScale →
Related companies
China Petroleum Engineering (600339.SS) · Sinopec Oilfield Service (600871.SS) · China Petroleum & Chemical (600028.SS) · China National Chemical Engineering (601117.SS)