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What is EPC and what are its advantages?

Compared with general construction projects, large-scale metallurgical engineering projects have the characteristics of complicated process flow, many specialties, large investment, tight construction period, large installation amount and high specialization of construction technology. The engineering design plays a dominant role in the construction of large-scale metallurgical engineering, and the general contracting method is conducive to the integrated management of the project. In 2018-2020, China's crude steel production continues to grow, and the rapid growth of steel production has increased the demand for metallurgical equipment.

While, EPC is a new type of construction contract performance which includes design, procurement, construction, installation, commissioning and trial operation until completion and handover. Its characteristics are that the general contractor undertakes the design, procurement and construction of the project in accordance with the contract agreement, and is fully responsible for the quality, safety, duration and cost of the contracted project. A large number of coordination and management work is uniformly responsible for the general contractor, and the owner unit only needs to review the design and construction scheme of the project, thus reducing the project cost and shortening the construction period. Since the 1990s, China's economy has maintained a high growth rate, steel output has ranked first in the world for many consecutive years, and the general contracting management level of large-scale metallurgical projects has also been greatly improved. XIYE TECH GROUP CO., LTD. can undertake EPC service, and do more than 130 turn-key projects.

What is the EPC

It provides a good opportunity for metallurgical equipment production at home and abroad.

The requirements of the steel industry industrial policy and the adjustment of the revitalization plan, including the adjustment of industrial layout, product structure, improving the technical level of the steel industry, and eliminating backward production capacity, will promote the demand for technologically advanced metallurgical equipment. For steel mills that need to increase capacity, it is necessary to replace old furnaces.


Post time: Jun-13-2023