Técnicas Reunidas, S.A. (TR) and Sinopec Engineering Group Co. Ltd. (SEG) have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide. Both Companies have successfully cooperated in close to 20 projects since 2006 and are presently bidding together for several business opportunities in different countries.

With the signature of this long- term global business Agreement both Companies will jointly look for future opportunities to strengthen the collaboration in projects and markets where their experience will foster a synergy for the development of new joint business.

About Técnicas Reunidas

Spanish company Técnicas Reunidas is a global engineering company with a presence in 25 countries and a track record of more than 1,000 industrial plants in more than 60 years of experience.

Técnicas Reunidas specializes in the design and construction of large industrial plants, mainly for the production of clean fuels, natural gas and chemical products. The company is also a leader in technologies and solutions related to the energy transition, the circular economy and the decarbonization of plants. Its solutions include technologies such as renewable hydrogen and its derivatives, biofuels and biochemicals, and carbon capture.

With more than 8,000 employees, the majority of whom are highly qualified engineers, Técnicas Reunidas’ headquarters in Spain is a major center of engineering excellence.