Shanghai Supezet Engineering Technology Corp.Ltd(688121) (688121)
The downstream capacity expansion is superimposed with the demand for upgrading and transformation, and the refining and chemical special equipment industry may enter a new boom period. In order to fill the huge supply and demand gap of the downstream ethylene industry, China’s ethylene industry has begun large-scale capacity expansion, China’s hexene production capacity is expected to increase from 35.18 million tons in 2020 to 73.5 million tons in 2025. While the expansion of hexene production capacity will bring opportunities to the ethylene cracking tube market, it will also bring considerable demand for high-temperature tube replacement. It is expected that the scale of high-temperature tube replacement market will reach 2.11 billion yuan in 2025. In addition, as “carbon neutralization” has gradually become a global consensus, China’s determination in energy conservation and emission reduction is also gradually increasing, and the demand for equipment upgrading in oil refining and petrochemical industries is expected to continue to emerge
In the past 20 years, the deep cultivation of refining and chemical special equipment market has formed five core competitiveness at the three ends of income, cost and profit. On the income side, the core technology represented by high-temperature furnace tube, relying on sufficient orders accumulated by high-quality scale customers, expanding production capacity through raising funds to ensure future income growth. On the cost side, relying on the industrial chain layout advantages of “Zhuo ran intelligent re assembly Industrial Park”, Reduce costs, improve operational efficiency and make profits. Over the years, a stable and powerful management and technical team has been formed to escort the long-term development in the future
