[China Instrument Network Instrument R&D] On January 17, the China Petroleum and Petrochemical Research Institute held a licensing ceremony at Hubei Taihe Petrochemical Equipment Co., Ltd. (hereinafter referred to as “Taihe Petrochemicalâ€), and awarded the only industrial ultra-low temperature valve technology center in the country to the enterprise. Relevant experts said that this marks China's ultra-low temperature high pressure valve to achieve a breakthrough in foreign technology monopoly.
According to reports, Hubei Taihe Petrochemical, founded in 2007, is a high-tech enterprise that mainly engages in ultra-low temperature, high pressure, large-diameter, hard-sealing technology valve products. It independently developed ultra-low temperature fluid control engineering technology and directly shortened China's The technological gap between the field and the developed countries in the 50-80s. In the past five years, the ultra-low temperature valve produced by the company has been successfully applied to 68 LNG projects in the country, with outstanding performance and products exported to Europe and the United States and other equipment manufacturing powers in Europe and the United States.
In mid-July of 2016, Hubei Taihe Petrochemical Co., Ltd. and its counterparts from many countries competed on the same platform, and after several rounds of competition, the company signed Zhoushan LNG Receipt and Refueling project orders and provided high-tech LNG subzero 196-degree cryogenic high-pressure valves. “Although only the amount of RMB 10 million was billed, it was China's industrial ultra-low temperature and high pressure valve that broke foreign monopoly for the first time and achieved a zero breakthrough in the localization of such valves,†said Zhang Yi, General Manager of China Ryukyu Engineering Company. An order, replaced with imported products, the price at least three to four times.
According to Zhang Yi, valve products in the Chinese market, with temperatures ranging from minus 256 to 540 degrees and pressures from 150 to 2500 pounds, are widely used in shale gas development in national economy and people's livelihood, offshore oil and gas platforms, and nuclear power, thermal power, and petrochemicals. Metallurgy, liquefied natural gas, large-scale ethylene, coal chemical industry, aerospace and new materials, biotechnology, fine chemicals and other industries have a market space of several hundred billion yuan. However, such products, especially high-tech LNG ultra-low temperature high pressure valves, have been monopolized by foreign technology and products.
Seeing the monopoly of foreign companies and the speculation of sky-high prices, Zhang Wenzhong, the founder of Hubei Taihe Petroleum, who had worked for British-owned valve companies for seven years and served as president of the Far East Region, was unwilling. How to replace China's imported high-tech products through technological innovation and find independent research and development has become his dream. To this end, while he sells foreign products of this kind, he actively organizes his own research team and independently researches and develops Chinese high-tech products to replace imports.
Zhang Wenzhong said that in the past 10 years, under the joint efforts of the R&D team, the Zigui government, and domestic universities, the company successfully completed domestic and international technology certifications and produced similar products whose design and technical performance have reached advanced foreign standards. Today, 90% of the company's products are sold to advanced manufacturing countries such as Germany and the United Kingdom. The total value of orders in 2017 reached 800 million yuan.
After review by many domestic experts, the China Petroleum and Petrochemical Research Institute awarded the only industrial ultra-low temperature valve technology center in the country to Hubei Taihe Petrochemical. According to Ding Wu, Secretary-General of the China Petroleum and Petrochemical Research Institute, in the past, the ultra-low temperature valve market in China has been monopolized by imported products, and localization of technical products is imperative. It is hoped that Hubei Taihe Petrochemical will continue to insist on the development of advanced valve technology and become a starting point. China's leader in domestic ultra-low temperature valve industry, leading the Chinese valve technology industry to another new height.
(Original title: China's only industrial ultra-low temperature valve technology center settled in Hubei)
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According to reports, Hubei Taihe Petrochemical, founded in 2007, is a high-tech enterprise that mainly engages in ultra-low temperature, high pressure, large-diameter, hard-sealing technology valve products. It independently developed ultra-low temperature fluid control engineering technology and directly shortened China's The technological gap between the field and the developed countries in the 50-80s. In the past five years, the ultra-low temperature valve produced by the company has been successfully applied to 68 LNG projects in the country, with outstanding performance and products exported to Europe and the United States and other equipment manufacturing powers in Europe and the United States.
In mid-July of 2016, Hubei Taihe Petrochemical Co., Ltd. and its counterparts from many countries competed on the same platform, and after several rounds of competition, the company signed Zhoushan LNG Receipt and Refueling project orders and provided high-tech LNG subzero 196-degree cryogenic high-pressure valves. “Although only the amount of RMB 10 million was billed, it was China's industrial ultra-low temperature and high pressure valve that broke foreign monopoly for the first time and achieved a zero breakthrough in the localization of such valves,†said Zhang Yi, General Manager of China Ryukyu Engineering Company. An order, replaced with imported products, the price at least three to four times.
According to Zhang Yi, valve products in the Chinese market, with temperatures ranging from minus 256 to 540 degrees and pressures from 150 to 2500 pounds, are widely used in shale gas development in national economy and people's livelihood, offshore oil and gas platforms, and nuclear power, thermal power, and petrochemicals. Metallurgy, liquefied natural gas, large-scale ethylene, coal chemical industry, aerospace and new materials, biotechnology, fine chemicals and other industries have a market space of several hundred billion yuan. However, such products, especially high-tech LNG ultra-low temperature high pressure valves, have been monopolized by foreign technology and products.
Seeing the monopoly of foreign companies and the speculation of sky-high prices, Zhang Wenzhong, the founder of Hubei Taihe Petroleum, who had worked for British-owned valve companies for seven years and served as president of the Far East Region, was unwilling. How to replace China's imported high-tech products through technological innovation and find independent research and development has become his dream. To this end, while he sells foreign products of this kind, he actively organizes his own research team and independently researches and develops Chinese high-tech products to replace imports.
Zhang Wenzhong said that in the past 10 years, under the joint efforts of the R&D team, the Zigui government, and domestic universities, the company successfully completed domestic and international technology certifications and produced similar products whose design and technical performance have reached advanced foreign standards. Today, 90% of the company's products are sold to advanced manufacturing countries such as Germany and the United Kingdom. The total value of orders in 2017 reached 800 million yuan.
After review by many domestic experts, the China Petroleum and Petrochemical Research Institute awarded the only industrial ultra-low temperature valve technology center in the country to Hubei Taihe Petrochemical. According to Ding Wu, Secretary-General of the China Petroleum and Petrochemical Research Institute, in the past, the ultra-low temperature valve market in China has been monopolized by imported products, and localization of technical products is imperative. It is hoped that Hubei Taihe Petrochemical will continue to insist on the development of advanced valve technology and become a starting point. China's leader in domestic ultra-low temperature valve industry, leading the Chinese valve technology industry to another new height.
(Original title: China's only industrial ultra-low temperature valve technology center settled in Hubei)
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