Wison Engineering Houses the Unprecedented Shanghai Green Chemical & Energy Conservation Engineering Research Center

(18 December 2018, Shanghai) Wison Engineering (Stock code: 2236.HK), a global leading engineering, procurement and construction (EPC) service provider, has recently approved by Shanghai Science and Technology Committee to establish the "Shanghai Green Chemical & Energy Conservation Engineering Research Center", which made Wison Engineering be the only company in Shanghai energy & chemical engineering sector to set up an engineering research center focusing on "Green Chemical Process" and "Energy Conservation". Wison Engineering will continuously endeavor its commitment on China petrochemical industry's green development, and wining the international competition with cutting edge technologies.

As a significant part of the technology innovative system of Shanghai, the "Engineering Research Center" ("Center") aims to support key enterprises for carrying out engineering R&D, overcoming crucial technology challenges, achieving key technological breakthroughs, accelerating technologies commercialization, and spearheading technological advancements accordingly. The Center is unique in each segmentation field, while applicants must possess a high level of technical and engineering expertise in such areas and be able to undertake science-technology projects from national level.

Since its inception, Wison Engineering has been always adhering to the corporate objective of "Better Technology, Better Life" while actively practicing technological innovation, technical integration and achievement commercialization. To address the current industrial pain-point such as "high energy consumption" and "severe pollution", Wison has joined hands with the world-leading research institutes, universities, technology licensors and producers to work on technological innovation, sale-up test, demonstration and commercialization regarding green production processes, energy conservation, emission reduction, and replacement of outdated capacity by clean process.

The company has a first-class professional lab with 8000 m2 which is equipped with dozens of bench-scale experiment units, simulation-test sets and a suite of catalysts synthesis, formation and advanced characterization equipment. Meanwhile, the company also works closely with the production partners, investing nearly RMB100 million and built several pilot plants for MTO, coal gasification, SNG and DME-to-Ethanol in the large chemical parks in Jiangsu and Shanxi, which has achieved a successful pathway incubating new technologies from lab to  commercialization, and  created substantial economic values as well.

After years of development, the company has undertaken several Science & Technology projects at national and provincial levels and won dozens of scientific awards as well. It has also been approved by National Ministry of Human Resources and Social Security, Chemical Industrial Association and Shanghai as "Enterprise Postdoctoral Program", "High-tech Enterprise", "Shanghai Enterprise Technology Center" and "China's Technology Innovation Demonstration Enterprise of Chemical Industry" etc.

By establishing the "Shanghai Green Chemical & Energy Conservation Engineering Research Centre", Wison Engineering endeavors to achieve technological innovations while practicing "Green Chemical Process", "Low Carbon-footprint", "Energy Conservation" and "High Efficiency" in fields of energy and chemical engineering and carrying forward its development strategy geared towards improving technological efficiency. The company will facilitate the cooperation with universities, research institutes and producers to carry out technological scaling up and commercialization with a view to enhancing the overall technical standards of the industry and driving the sustainable and high-quality growth of the company under ever-changing and complicated external environment.