Recently, Zhejiang Jiuli Special Material Technology Co., Ltd. received the customer Petroleum Deve lopment OmanL from Oman. L. Orders of C (Oman Petroleum Development Co., Ltd.), a huge order of more than 360 million yuan, will purchase 281 kilometers of stainless steel pipes from the company.

Jiulite is one of the largest industrial stainless steel pipe manufacturers in China. Its strong technical strength and production capacity are the main reasons for the huge orders from Oman. According to reports, the company specializes in industrial stainless steel seamless pipes and stainless steel welded pipes. The company's products are widely used in petroleum, chemical, natural gas, power equipment manufacturing and other industries; the company has a post-doctoral research station and provincial high-tech Research and development center, its products and technology such as UNSS30432 super-austenitic stainless steel seamless pipe, "stainless steel seamless pipe for nuclear power station, welded pipe" developed according to ASMESA213 standard have filled the domestic gap.

In accordance with the order, Oman Petroleum Development Co., Ltd. will purchase 281 km of Duplex Steel Pipeline Pipe from Juliite, with a contract value of US$56.36 million, or approximately 363 million yuan. The total demand for this order is expected to be approximately 9,000 tons. Oil and gas pipelines. "The main product involved in this order is the large-diameter oil and gas pipeline. The gross profit per ton of steel is higher than the current traditional products of the company, and the production of the product is the company's fund-raising project," said the source of the company. In December 2009, Jiulitite also successfully raised 920 million yuan from the small and medium-sized boards, which is mainly used for critical temperature and pressure resistant parts manufacturing projects for ultra-supercritical power station boilers. The annual output of 10,000 tons of medium and large diameter for oil and gas transmission Stainless steel welded pipe projects and annual production of 3,000 tons of nickel-base alloy oil well pipe projects. Among them, the medium-large-diameter stainless steel welded pipe project for the production of 10,000 tons of oil and gas per year has been put into production at the end of 2009.

According to the company's calculations, if the 40% and 60% performance contract ratios are used in this contract, the orders for oil and gas pipelines in 2011 and 2012 will be approximately 3,600 and 5,400 tons. It is expected that this order will contribute to the company's gross profit this year. 51.68 million yuan.