OCTG industry meet the opportunity because of the belt and road

What is "The Belt and Road"

Starting Central Asia and through South Asia, Southeast Asia, West Asia, Eastern Europe, "The Belt and Road" has been a longest world’s economic corridors. It is becoming the most development potential economic belt in the world. What’s more, countries along the fate become more and more close whether in the eyes of the economic development and improving people's livelihood or from the point of response to the financial crisis.

Currently, China is the world's largest energy consuming country and the second oil and gas consumption country. With the development of “The Belt and Road”, China will become the main resource exporting country.

A new opportunity to OCTG industry

In fact, countries alone “The Belt and Road” have a wealth of crude oil resources, but their infrastructure is relatively weak, which create a huge opportunity for China's OCTG industry. As we all know, influenced by the international market, not only steel pipes but also other export goods made in China were known as cheap in the past decades. We offer high-quality pipe with the lowest price. In other words, It’s a best time to buy cheap steel pipes from China if you need. "The Belt and Road" will help us develop new export markets, solve the dilemma of overcapacity and this will promote the economic and trade exchanges between China and the neighboring countries.

Some countries in Southeast Asia and South Asia develop slowly and have a large population, but the development of “The Belt and Road "must rely on the railway, highway, pipeline, shipping routes. Therefore, transportation, energy pipe network, manufacturing facilities, raw materials and equipment, high-end equipment, energy saving and environmental protection industry will usher a great opportunity. In the oil and gas industry, for example, with the completion of natural gas pipeline between China and Myanmar, a series of OCTG products in South Asia, Southeast Asia will have a good market prospects.

According to statistics in 2015, Chinese enterprises invest in 49 countries related to "The Belt and Road" directly and the investment grew 18.2%. Insiders have said that, under the stimulus of "The Belt and Road" policy, the next few years, the chemical industry is expected to recover.

CIPPE----an annual event in petrochemical industry

In petrochemical industry, there is an annual event, the Eighth China International Petrochemical Technology and Equipment Exhibition (CIPPE Shanghai Petrochemical Exhibition) will be held in Shanghai New International Expo Center on August 23-25. After eight years of development, CIPPE has developed into a communication and learning platform for trade cooperation, which is regarded as one of the highest quality in the petrochemical industry on businesses and professionals. Many companies will be unveiled this collective exhibition, to discuss "The Belt and Road" strategy for promote the petrochemical industry. We welcome you to attend and have a pleasant communication.