Progress of Sinopec Qingdao Refining Project

The installation of steel structures in the hydrogen preparation
unit of Qingdao Refinery undertaken by the Tenth Construction
Company of Sinopec was started on March 22nd, 2007 in Qingdao,
Shandong province. According to the overall project schedule,
the installation of framework steel structures, water/gas
circulation system, PSA system, reactor, waste-heat boiler,
process pipeline and compressor will be conducted in an
alternative way. The whole unit is planned to have intermediate
handing over on December 25th, 2007. The civil work of the unit
is already basically completed.