Another successful transaction in the board exchange market, thanks to careful organization and delivery assurance.

Published Time:

2022-04-28

In early April, our company signed an order for titanium strip coils for plate heat exchangers with Lanzhou Lanshi Heat Exchange Equipment Co., Ltd. for the integrated refining and chemical project of Yulong Petrochemical Co., Ltd., a subsidiary of Nanshan Group Co., Ltd. This cooperation represents another significant achievement since the signing of a strategic cooperation agreement with Lanzhou Lanshi Heat Exchange Equipment Co., Ltd. on May 23, 2021, and is also a large-scale increase in the volume of titanium strip coils for plate heat exchangers after the company's product structure adjustment. It marks a new stage of breakthrough in the production and sales of titanium strip coils for plate heat exchangers. This project not only breaks the long-term monopoly of Japanese titanium material manufacturers and European plate heat exchanger manufacturers in domestic refining and chemical projects, but also marks the first large-scale application of domestic titanium materials in domestic petrochemical projects, laying a solid foundation for the company's successful entry into the integrated refining and chemical industry and has significant strategic significance for promoting the company's high-quality development.

On April 11, the company held a project launch ceremony, established a project team, and conducted meticulous planning. A weekly schedule and monthly summary system will be implemented to ensure that the Yulong Petrochemical project is delivered on time and in accordance with quality and quantity. Time point
The 20 million tons/year integrated refining and chemical project (Phase I) of Yulong Petrochemical is a key construction project during the 14th Five-Year Plan period and a large-scale petrochemical project for the transformation of old and new kinetic energy and industrial structure adjustment in Shandong Province. This project plans to build a 20 million tons/year crude oil processing capacity and two 1.5 million tons/year ethylene units, along with supporting public utilities, auxiliary facilities, and seawater desalination, seawater intake, and drainage facilities. The total investment in the project is 127.4 billion yuan, and the construction period is 24 months.

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