Technique and Service
Our principal products and services include:
We have joined with DeltaValve, a subsidiary of Curtiss Wright (NYSE:CW) that manufactures industrial valves and is an industry leader in delayed coking unheading systems, to make an affordable environmentally-friendly, safe and maintenance free coke-drum enclosed unheading system for the Chinese marketplace. We will be responsible for the land purchase, facility construction in the Tianjin Binhai Development Zone and manufacturing of selected unheading components as well as final assembly; DeltaValve will provide the technology. Through exclusive distribution agreements between us and DeltaValve, we expect our gross margin on the unheading units to improve significantly.
Delayed coking, a thermal cracking process achieved through heating crude oil to extremely high temperatures and pumping it into large pressurized drums, is the most efficient and cost-effective solution for refining a range of inferior-grade domestic and imported crude oil.
Currently there are 120 existing coking units in China that could potentially benefit from our product. The number of coking units is expected to grow at a rate of 10% annually and is projected to have a market size of almost $1 billion over the next 10 years, of which we expect significant penetration.
We will install the first delayed coking unheading unit from DeltaValve for Sinochem Quanzhou this Fall (2010). The most significant safety advantages of this product compared to all other currently available unheading equipment is that it eliminates exposure risks to personnel and the atmosphere. This product contains a totally enclosed system from top head to coke receiving area. With a fully automated system, workers are safely able to conduct unheading delayed coking remotely and mitigate the disadvantages of danger. In addition, these unheading units significantly increase refinery throughput and lower operation costs.
An unheading unit with one-million ton annual capacity can generate a total economic benefit of $7.4 million for our customers for the following reasons:
- ¡¤distribution of a wide range of petroleum and petrochemical valves and other equipment;
- ¡¤dproviding comprehensive systems integration services;
- ¡¤ddeveloping and marketing optimization software for the polymerization process;
- ¡¤dproviding technical and engineering services; and
- ¡¤ddistributing, installing and ultimately manufacturing unheading units for the delayed coking process.
We have joined with DeltaValve, a subsidiary of Curtiss Wright (NYSE:CW) that manufactures industrial valves and is an industry leader in delayed coking unheading systems, to make an affordable environmentally-friendly, safe and maintenance free coke-drum enclosed unheading system for the Chinese marketplace. We will be responsible for the land purchase, facility construction in the Tianjin Binhai Development Zone and manufacturing of selected unheading components as well as final assembly; DeltaValve will provide the technology. Through exclusive distribution agreements between us and DeltaValve, we expect our gross margin on the unheading units to improve significantly.
Delayed coking, a thermal cracking process achieved through heating crude oil to extremely high temperatures and pumping it into large pressurized drums, is the most efficient and cost-effective solution for refining a range of inferior-grade domestic and imported crude oil.
Currently there are 120 existing coking units in China that could potentially benefit from our product. The number of coking units is expected to grow at a rate of 10% annually and is projected to have a market size of almost $1 billion over the next 10 years, of which we expect significant penetration.
We will install the first delayed coking unheading unit from DeltaValve for Sinochem Quanzhou this Fall (2010). The most significant safety advantages of this product compared to all other currently available unheading equipment is that it eliminates exposure risks to personnel and the atmosphere. This product contains a totally enclosed system from top head to coke receiving area. With a fully automated system, workers are safely able to conduct unheading delayed coking remotely and mitigate the disadvantages of danger. In addition, these unheading units significantly increase refinery throughput and lower operation costs.
An unheading unit with one-million ton annual capacity can generate a total economic benefit of $7.4 million for our customers for the following reasons:
- ¡¤cost per unit installation is $3 million, and total cost for an upgraded delayed coking system is recouped typically within one year;
- ¡¤30%-40% less expensive to buy than the competing product from Z&J Technologies GmbH;
- ¡¤shorter cycle times and reduced maintenance expenses;
- ¡¤lower costs for water usage and wastewater treatment;
- ¡¤increased ability to process inferior grades of crude oil; and
- ¡¤25% tax deduction for energy saving and environment-friendly products.