Recently, reporters learned from Hengli Petrochemical Co., Ltd. (stock code: 600346) that its wholly-owned subsidiary’s independently developed industrial fiber for oil pipelines is being produced stably and efficiently, with a domestic market share of 90%.
According to industry insiders, oil transportation pipelines are indispensable equipment for oil unloading and transportation, and can be called the petroleum industry The “arteries” were earlier mainly made of steel pipes. In 2010, Hengli Petrochemical took one year to successfully develop industrial fibers for oil field pipelines, filling the technical gap in this field and solving many industry pain points and drawbacks. Compared with traditional steel pipe materials, oilfield oil pipelines made of special industrial fibers are lightweight, high-strength, corrosion-resistant, have higher safety performance and transportation efficiency, and have a longer service life.
In 2012, Hengli Petrochemical Oil Pipeline Special Industrial Fiber achieved mass production. In the past two years, Hengli Petrochemical Oil Field Oil Pipeline Special Industrial Fiber has ushered in a period of explosive demand. Downstream customers The quantity continues to expand, and the sales volume has doubled. The current annual production capacity is 20,000 tons, and the domestic market share exceeds 90%.
With the full commissioning of Hengli Petrochemical’s upstream world-class refining and ethylene project key production capacity and various scarce chemical raw material products , as well as the continuous consolidation and expansion of the competitive advantage of the midstream PTA business, Hengli Petrochemical has the “big chemical” platform support and raw material supporting conditions to accelerate the growth and refinement of the downstream high-end new materials and fine chemical industries, and is continuing to expand high-end and differentiated professional and large-scale new chemical materials business. </p
