Recently, the reporter learned from the Second China (Yongjia) Pump & Valve Expo and Technology Innovation Report that in the next few years, China's petrochemical, power and national infrastructure will provide a huge market for the pump and valve industry. In the next two years alone, Sinopec has invested more than 700 billion yuan in the oil fields, refining and chemical industries, and other fields, which will provide nearly 7 billion yuan in market demand for the pump and valve industry. At the same time, the market is urging the pump and valve companies to shift from decentralized operations to alliances and groupings, to achieve technical cooperation, and eventually to large groups.
It is estimated that in the construction of refineries, ethylene and other petrochemical devices, the investment in piping accounts for 15% to 20% of the total investment, while the investment in pump valves generally accounts for 50% of the investment in piping. Therefore, with the successive construction of several sets of 10 million-ton large-scale oil refining, million-ton-grade ethylene engineering, and coal-to-oil, coal-to-olefin projects, the market demand for extra-large valves has been increasing. According to Xu Dan, deputy head of the piping design center of the Sinopec Group, in this year and next year, only major projects being planned and planned or under construction by Sinopec include: 1.823 billion yuan of Puguang Gas Field and Tahe Oilfield Project; investment of 4.8 billion yuan. Yuan, a 979-kilometer-long instrumental crude oil pipeline, 12 oil transmission stations, and control center projects; RMB 2.54 billion, a total length of 1141 km of the PRD oil product pipeline project; Chuolu Natural Gas, with an estimated investment of RMB 13 billion Pipeline engineering and so on. In the refining and refining sector, including the construction of 10 million tons of atmospheric and vacuum, 2.9 million tons of catalytic cracking, 3.2 million tons of wax oil hydrogenation and other 14 sets of major installations; Qingdao, 13 million tons of oil refining renovation project; Tianjin 1 million tons Integration of Ethylene Refining and Refining in Fujian, Luoyang Refinery, Yanshan Petrochemical 10 Million Refining and Expansion Project, and Huangdao National Petroleum Reserve Base Project. All of these projects will support the construction of ground metering stations, mixing stations, pipelines, storage and transportation facilities.
At the same time, China's current development of new products and new technologies for pump valves is still not strong, product convergence is serious, and technological content is not very high. Zhang Yubao, Secretary-General of China General Machinery Industry Association pointed out that at present, China’s nuclear power plants, large oil refineries, large ethylene, coal-to-olefins, and key valves required for metallurgy, electric power, and national infrastructure construction projects are almost all dependent on imports, and are highly sophisticated and high-grade. There is still a big gap between the value-added product areas and the advanced level in foreign countries. According to the president of Zhejiang Yongjia County Pump Valve Industry Association and Chairman of Xuan Da Industrial Group Co., Ltd., Ye Jixuan introduced that there are nearly 1,000 pump and valve companies in Yongjia County and it is difficult to become bigger and stronger without uniting or forming a group. He appealed that China's pump and valve industry should resolutely avoid low-level redundant construction and low-price competition with the industry. Enterprises should focus on and division of labor, orderly competition, take the road of alliances, alliances and large groups, and aim at the international advanced Level and international market.