The Cepsa Chemical project, Phenol/Cumene, is the first investment made by the Spanish company after its acquisition of IPIC. This serves as a gateway for future investments planned in Asia. Next, CEPSA acquired Coastal Energy, demonstrating their commitment to the Asian market.

The chemical plant is located in the new Shanghai Chemical Pole, with two different units, Phenol and Cumene, as well as their interconnecting systems. The construction was overseen by a consortium of Técnicas Reunidas and China Huanqiu Contracting & Engineering Corp., which was formed for this project.

Grupo Cuñado supplied all of the piping materials, both underground and above ground, starting in October 2012 and continuing for two years..

The project was complex due to the high percentage of Stainless Steel and Duplex materials, combined with the necessity to use local sources to meet the urgent delivery requirements.

As with all projects worldwide, Grupo Cuñado took advantage of our business relationships with the most qualified manufacturers in the region. These relationships, combined with our expediting and inspection efforts, helped us to supply the material in compliance with project requirements,
without having any quality claims and with 100% of the product produced locally.

After completion, the plant was included in the global maintenance contract between Cepsa and Grupo Cuñado. Thanks to the great performance of our Chinese subsidiary, CAC, in supplying this material, CAC was awarded with a 3 year maintenance contract as an extension of the global

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