On 18 March 2021, Yingde Gases and Shaangu Power participated in a contract signing ceremony in Shanghai which formally marked the start of a close partnership in developing two steam turbine-driven three-in-one compressor units.
The two compressor units stated in the said contract would be used in the Shandong Jinmei Mingshui Chemical Group's "From City to Park" Nitrogen Fertilizer Technological Transformation Project, whereby Yingde Engineering under Yingde Gases will provide two air separation units with 45,000 Nm³/h and 30,000 Nm³/h capacities. This will again stand testament to the market’s recognition of Yingde Engineering's chemical-type air separation units and engineering technology capabilities.
Yingde Gases' CEO Fang Shiwen said, "As we face the future, Yingde Gases aims to implement a diversified development model in the steel and iron, chemical, and emerging industries while continuing to improve engineering technology capabilities to ensure the momentum of comprehensive, stable and sustainable development in our business."
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