Sinopec is a China-based producer and supplier of oil and petrochemical products, engaged in the exploration and production of oil and natural gas, oil refining and distribution, production and sales of chemicals.
Biorem, which sees China at the helm of the global industrial VOC market projected to reach $1.6bn in the future, has established a Wholly Foreign Owned Enterprise (WFOE) in China that will source components for the project locally and manage the project from its offices in Beijing.
Peter Bruijns, pesident and CEO of Biorem, said: “This order reflects the growth potential for our air emission control technologies in the Chinese market. It demonstrates the impact that our presence in China is having to drive new business and our ability to form relationships and successfully leverage our world-class technology to gain positive returns.
“Sinopec is one of China’s largest integrated energy and chemical companies. As a new client, we believe there are additional potential opportunities for our technology within the global Sinopec family of companies.”
