CIMC Enric has recently announced the signing of an equity transfer agreement in Chengdu with Sichuan Jinke Cryogenic Engineering Co. Ltd (Jinke Cryogenic).
The deal follows the successful acquisition of Nanjing Yangtze Petrochemical Design Engineering Co. Ltd in 2011 and with this deal, more resources will be added to the company’s domestic engineering business.
Jinke Cryogenic is based in Chengdu, Sichuan province in China. The company is committed to the development of a range of cryogenic equipment including the separation, liquefaction and purification of industrial gases.
CIMC Enric stated that the addition of Jinke Cryogenic will enhance its own capabilities in the front-end LNG liquefaction field, and will contribute to the realisation of the coverage of the entire LNG value chain.
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