The hottest Hailong holdings announced to expand t
2022-10-15- Detail
Hailong holdings announced to expand the production capacity of OCTG coating business
Hailong holdings attracted a lot of attention after its listing in Hong Kong last April. Zhang Shu, executive director and Chief Strategic Officer of the group, recently told the media that the company's coating business will expand production capacity this year. It is understood that in addition to drill pipes and related products, transmission pipes and OCTG anti-corrosion coatings are also one of the core businesses of Hailong holdings. Zhang Shuxing said that the mainland is accelerating the construction of the "west to east natural gas pipeline". It is expected that the length of pipelines laid during the 12th Five Year Plan period will be more than twice that during the 11th Five Year Plan period, bringing huge business opportunities. At present, the group is the largest supplier of coating materials for oil and gas transmission pipelines in the mainland, with a market share of 60% in the mainland. Because the strain of elastic components is in direct proportion to the size of external force P, it is believed that the production capacity of this business in 2012 can be increased by 20% compared with 2011
at the same time, Zhang Shu disclosed that OCTG coating business has a market share of 67% in the mainland to avoid oil mist caused by oil dispersion, and 13% in the international market. OCTG coating plants opened by the company in Russia and Canada will be officially put into operation this year, and it is expected that the production capacity will be doubled by the end of the year
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