en.Wedoany.com Report, On March 24, China National Chemical Engineering announced that its operating performance continued to improve in 2025, with profit levels reaching a record high. The company achieved operating revenue of 189.501 billion yuan, a year-on-year increase of 1.97%; net profit attributable to shareholders of the parent company was 6.436 billion yuan, up 13.15% year-on-year; and net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was 6.090 billion yuan, an increase of 10.44% year-on-year.
China National Chemical Engineering's industrial sector mainly includes its own projects and operational projects in chemical new materials, equipment manufacturing, environmental protection operations, and energy operations. The company adheres to the "innovation-driven" strategy, focusing on high-end chemicals and advanced materials as the core, and concentrating on chemical new materials fields such as high-performance fibers, phase-change materials, and aerogels. It has broken through a number of key "bottleneck" core technologies, including adiponitrile, polysilicon via cold hydrogenation, POE elastomers, and high-end environmental catalysts.
In the field of chemical new materials, in 2025, the company launched and implemented the "Spark Plan," steadily advancing R&D in key industrial chains such as nylon and high-end polyolefins. The pilot plant for the deep-sea aerogel project was put into operation, and the low-cost silicon-based aerogel project completed pilot testing; the methylacrylonitrile project completed pilot feeding and trial runs, polyoxymethylene reached an industrial cooperation intent, and the succinic acid project completed pilot testing. Additionally, its subsidiary, Tianchen Company, put into operation China's largest waste-to-methanol project.
In terms of technology R&D, China National Chemical Engineering continued to improve its "1 General Institute + Multiple Branches + N Platforms" technological innovation platform system. Pilot bases in Zibo, Shandong; Nangang, Tianjin; and Wuxue, Hubei were successively completed and put into operation, capable of providing scale-up verification services for chemical new materials and related catalysts externally. The technology verification center of the Environmental Protection Research Institute was put into use. The construction of the Yangtze River Delta Science and Technology Innovation Center made phased progress. China Chemical Yangtze River Delta Science and Technology Innovation Center (Zhejiang) Co., Ltd. was established in February 2026, with Pei Jin as its legal representative and a registered capital of 200 million yuan. Its business scope includes the sales of special equipment for environmental protection; sales of special chemical products (excluding hazardous chemicals), etc. It is indirectly wholly owned by China National Chemical Engineering.
In project construction, projects undertaken by China National Chemical Engineering, such as the second phase of Shaanxi Coal Yulin, Gansu Juhua, and the third phase of CNOOC Shell, commenced smoothly; projects like China-Saudi Gulei and North China Huajin accelerated their progress. The international company's Angola refinery project was rated as an "Exemplary Overseas Engineering Camp"; the BASF Zhanjiang integrated project was comprehensively finalized; and the Wuhuan Company's Zambia fertilizer project began operations, helping Africa achieve its "Zero Hunger" goal, which was highly praised by President Hakainde Hichilema.
In terms of newly signed contracts, in 2025, China National Chemical Engineering's total value of newly signed contracts exceeded 400 billion yuan for the first time, reaching 403.661 billion yuan, an increase of 36.721 billion yuan compared to the same period last year, a growth of 10.01%.
Among them, there were 115 major projects with individual contract values exceeding 500 million yuan, and the total number of signed projects amounted to 4,760. In the field of chemical new materials, there were 54 contracts with individual values exceeding 500 million yuan, involving companies such as Zhejiang Petrochemical, CNOOC Shell, Haichen Chemical, Gansu Juhua, Shaanxi Coal Group, and Yankuang Lunan Chemical.
In January 2026, China National Chemical Engineering's total value of newly signed contracts was 36.925 billion yuan. By region, domestic contracts amounted to 30.979 billion yuan, while overseas contracts were 5.946 billion yuan.
Among them, there were 10 projects in the month with individual contract values exceeding 500 million yuan. The highest was the Ghana Chrispod Inchaban 541MW Gas Power Station project, valued at approximately 2.89 billion yuan, as follows:
