October 26, China's corrosion-resistant alloy seamless steel pipe, bimetallic composite pipe manufacturer. ZJJL Advanced Materials Technology Group issued an announcement that in order to further enhance the company's production capacity of special alloy welded pipes for oil and gas transportation and expand its product specifications to meet the production needs of medium and large diameter welded pipes in the domestic and foreign markets, the company intends to raise funds to invest in construction The project with an annual output of 10,000 tons of special alloy welded pipes for oil and gas transportation has a total project budget of 181 million yuan.
The project is mainly based on the existing welded pipe production line that can meet the production of large-diameter thick-walled pipes, adding a new welded pipe production line with a capacity of 10,000 tons to achieve capacity expansion to meet the company's normal production and delivery of contracts and subsequent orders. After the completion of the project, the annual production capacity of 10,000 tons of special alloy welded pipes for oil and gas transportation will be formed. It is expected that the annual output value of the project will be about 240 million yuan in normal years after the project is put into production.