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2021/03

Taiwan CTCI Signs Umbrella Service Contract with BASF for Chemical Projects　
　

Engineering, procurement, and construction (EPC) contractor CTCI announced today that it has signed a five-year Engineering Partner Umbrella Service Contract (USC) with BASF, a major foreign investor in the region’s chemical industry, to collaborate on chemical and petrochemical projects in the Greater China region. 



Based on the agreement, CTCI will be considered as an EPsCm services contractor candidate for BASF’s chemical and petrochemical plants in Greater China.



The agreement is a recognition of CTCI’s engineering, procurement services, and construction management (EPsCm) expertise in the hydrocarbon and petrochemical business, paving the way for CTCI’s business expansion. 



The contract signing ceremony took place today in Beijing. The agreement was signed by CTCI Beijing, its parent company CTCI Corporation, and BASF (China) Co., Ltd. 



CTCI has been providing EPsCm service to BASF since 2002. Now that it has been competitively selected as a BASF engineering partner in Greater China, it commits to leverage the Group’s global resources and CTCI Beijing’s localized support to provide BASF with optimal services.　

　

Contract signing ceremony. Left to right, front row: Hui Feng, Vice President, Large Capital Projects Management, Engineering & Technical Expertise Asia Pacific, BASF; Norbert Kail, Vice President, Indirect Procurement Asia Pacific, BASF; Hugues Vandenmersch, Senior Vice President, Engineering & Technical Expertise Asia Pacific, BASF; Tie-Shi Zhang, Chairman of CTCI Beijing; Ho-Chuang Lee, President of CTCI Beijing; and Chun Wang, Executive Vice President of CTCI Beijing.