On the afternoon of November 21st, Secco officially signed the olefin plant EP contract with ABB Lummus in Four Season Hotel, Shanghai.

On November 22nd, the sixth BOD meeting of Secco was held in Shanghai.


The construction of the principal part project of Shanghai Secco 900ktpa ethylene project started.


On September 24th, the fifth BOD meeting of Secco was held in Shanghai.

On September 22nd, the eighth meeting of Shanghai Secco 900ktpa ethylene project steering team was held at the conference room in Shanghai Municipal government and chaired by Mr. Chen Tonghai. Mr.Jiang Yiren, Mr.Wangjiming, Mr. Jiang Shangzhou and other members of the team also attended the meeting.


August 24th ¨C 26th, the general design of Shanghai Secco 900ktpa ethylene project officially passed the review in Shanghai.


On June 29th, Secco initialed the onshore& offshore E&P contract of olefin package with the representatives fro ABB Lummus and SEI.

On June 14th, the fourth BOD meeting of Secco was held in Shanghai.


On May 8th, the newly designed company logo of Secco was officially released and started to use.


On April 26th, the BOD passed the resolution by means of circulating reading and signing, and reviewed, approved the annual accounting report of 2001 of Secco.

On April 16th, Mr. Wang Jiming, Chairman of Secco, and Mr. Graham Hunt, vice chairman of Secco, cut the ribbon for the successful running of the SAP finance software Secco finance. It marked that the finance examination and calculation software in Secco finance department was put into full use.

On April 19th, Secco signed the onshore technical service contract of EB/SM with Shanghai medical industry design institute and signed the offshore technical service contract of EB/SM with ABB Lummus Shanghai on behalf of ABB Lummus Global Inc.


On March 28th, the groundbreaking ceremony of Shanghai Secco Petrochemical Company Ltd (SECCO) 900,000 tonnes per annum (tpa) ethylene cracker project was held in Shanghai Chemical Industrial Park. Mr. Huang Ju, member of the Poli-bureau, Central Committee of CPC and Party Secretary of Shanghai Municipality activated the pile driver and witnessed the first pile being driven into the ground to mark the start of construction. Among VIP participants were Mr. Chen Jinhua, Vice Chairman of CPPCC; Mr. Sheng Huanren, member of the standing committee of NPC; Mr. Chen Liangyu, Mayor of Shanghai Municipality, Mr. Zhang Guobao, vice director of state planning commission, Mr. Li Yizhong, CEO Sinopec Group and Chairman of Sinopec Corp; Mr. Jiang Yiren, Executive Vice Mayor of Shanghai; Mr. Wang Jiming, President of Sinopec Corp; Mr. Cao Xianghong, Vice President of Sinopec Corp; Dr. Byron Grote, BP Managing Director and CEO BP Chemicals. Leaders from CPC Shanghai committee and Shanghai Municipal government briefly met with representatives from each shareholder. A press conference was held before the meeting to introduce the situation and to answer the questions from the reporters.

On March 15th, the designing and coordination meeting of Secco 900ktpa ethylene project was held in Beijing.

On March 3rd, the third BOD meeting of Secco was held in Shanghai.


On January 11th, the signing ceremony of loan agreement of Shanghai Secco Petrochemical Co., Ltd was held in Beijing.

On January 11th, in the signing ceremony of loan agreement, it was announced that AMEC was awarded as the IPMT supporting contractor and ABB Lummus was awarded as the EP contractor of Shanghai Secco.

On January 21st, the contract signing ceremony of land use right transfer was signed Shanghai Secco petrochemical Co., Ltd between Development Company of SCIP in Shanghai. It marked the leading project of SCIP-Shanghai Secco 900ktpa ethylene project was officially settled in SCIP.