- ISIN KYG212331048
- Land Hong Kong
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited
PCK to Supply 32,000 Steel Pipes for a Gas Project in Australia With a Sales Contract worth RMB 195 million
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【FOR IMMEDIATE RELEASE】 PCK to Supply 32,000 Steel Pipes for a Gas Project in Australia (April 25, 2016 – Hong Kong) Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (the “Company”, together with its subsidiaries hereinafter referred to as the “Group”, “PCK” or “Chu Kong Steel Pipe” stock code: 1938), the largest manufacturer and exporter of longitudinal submerged arc welded steel pipes in China, is pleased to announce that the Group has received a new order from MRC Global Australia (“MRC”), to supply steel 32,000 tonnes of pipes for the project of Northern Gas Pipeline (NGP), which will connect Tennant Creek in the Northern Territory to Mount Isa in Queensland with lengths of 636km. The contract amount is worth approximately RMB 195,000,000. The Group to supply electric resistance welded pipes and induction bends products and to deliver to MRC in 2016 and 2017, respectively. Mr. Chen Chang, Chairman of the Group, comments, “Supplying pipes to the gas project in Australia and the order requires advanced techniques in steel pipe manufacturing, are indications that our outstanding performances in overseas projects are being well-recognized. We have established our brand with qualification, reputation and market position as a high quality steel pipe manufacturer in both China and overseas markets.” – End – The Group’s production bases and offices are located in Panyu, Zhuhai, Lianyungang, Jiangyin, Ningbo of China, Indonesia, Saudi Arabia and Dubai, with 9 longitudinal submerged arc-welded (“LSAW”), 4 spiral submerged arc-welded (“SSAW”) , 1 clad pipe and 1 electric resistance welded (“ERW”) production lines and other lines with a combined annual production capacity of 3,380,000 tonnes Chu Kong Steel Pipe is the industry pioneer of LSAW steel pipes, strong in research and development with 112 registered utility patents including 8 registered invention patents, and has a long standing international and nationwide track record. The Group is the first and only steel pipe manufacturer in China to produce deep sea welded steel pipes for using under 1,500m water depth. Chu Kong Steel Pipe is the only welded pipe manufacturer in China that has achieved five national honors and awards, including “Superior Quality Award for Actual Quality of Metallurgical Products”, “Gold Cup Prize for Actual Quality of Metallurgical Products”, “National Key New Products”, “National-recognized Enterprise Technology Centre”, and “High Technology Enterprise”. We have an “Academician Workstation”, and also the main drafter of the national standard for longitudinal welded steel pipes for transmission. The Group is developing its Golden Dragon City Fortune Plaza, located at Shiji Town, Panyu, Guangzhou, China, which is an integrated commercial complex of offices, shops, serviced apartments and villas. For media enquiries, please contact End of Press Release +++++ Document: http://n.eqs.com/c/fncls.ssp?u=SMFQNCTOYE Document title: PCK to Supply 32,000 Steel Pipes for a Gas Project in Australia With a Sales Contract worth RMB 195 million Key word(s): Miscellaneous
25/04/2016 Dissemination of a Press Release, transmitted by EQS TodayIR – a company of EQS Group AG. |