Reading: At present, financial indicators of some economic indicators of the machinery industry have improved slightly year-on-year. From January to July, the value-added rate of mechanical industrial capital was 110.42%, which was 3.16% higher than that of the national industry. The debt-to-liability ratio was 54.12%, which was at a reasonable level, which was lower than the 2.32% of the national industry. The current asset turnover was 1.96 times, which was flat year-on-year. The profit margin of cost and expenses was 7.11%; the profit margin of main business income was 6.63%, which was slightly lower than the same period of last year. Sales expenses and financial expenses increased significantly, and the increase in administrative expenses was lower than the same period of last year. China Machinery Industry Federation statistics show that the growth rate of the value added of the machinery industry this year is expected to be slightly higher than that of the national industry and manufacturing industry. The main business income and profits will maintain a synchronous growth. Report details page: http://service.made-in-china.com/market-analysis/industry-analysis-report/714864.html More reports: http://service.made-in-china.com/market-analysis/industry-analysis-report-1.html
Casing is a large-diameter pipe that serves as the structural retainer for the walls of oil and gas wells or wellbore.
It is inserted into a well bore and cemented in place to protect both subsurface formations and the wellbore from collapsing and to allow
drilling fluid to circulate and extraction to take place
The oil casing is a steel pipe used to support the well wall of oil and gas wells to ensure the normal operation of the whole well during drilling and after well completion. Several layers of casing shall be used for each well according to different drilling depth and geological conditions. Cement shall be used for cementing after casing is put into the well. It is different from TUBING and drill pipe and cannot be reused. It is a disposable consumable material. Therefore, casing consumption accounts for more than 70% of all oil well pipes.
Casing is a large-diameter pipe that serves as the structural retainer for the walls of oil and gas wells, or wellbore. It is inserted into a well bore and cemented in place to protect both subsurface formations and the wellbore from collapsing and to allow drilling fluid to circulate and extraction to take place.
Surface casing
- Protects the well from contamination in shallow water and gas layers.
- Supports the wellhead equipment and sustains the weight of the other layers of casing.
Intermediate casing
- Isolates different layers of pressure to facilitate normal circulation of drilling fluid and protect the production casing.
- Intermediate casing facilitates the installation of blow-out preventers, anti-leakage devices and tailpipes in the well.
Production casing (oil string)
- It is the conduit through which oil and gas pass from a below surface reservoir.
- It protects the well and separates fluids into various layers.
First, green pipes are threaded on each end. The threading is then inspected and, if necessary, rethreaded to ensure that the thread accurately connects to the coupling. The threading type includes STC/BTC/LTC. The casing pipes are strengthened by surface treatment and are subject to various inspections, including drifting and hydrostatic tests before they are coated and packaged into casing.
Casing pipes are ordinarily produced with outside diameter sizes of 114.3 mm to 508.0 mm.
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From January to June 2016, there were 403 enterprises above designated size in China's plastics machinery manufacturing industry. The main business income and total profit have recovered since March and maintained relatively steady growth; the export delivery value has dropped by 4% from January to May. In the following month, the month of June achieved a year-on-year increase of 6%.
In the first half of 2016, exports to Vietnam, the United States, Turkey, Indonesia, Mexico, India, and Russia increased rapidly in the top 10 countries in China's export market for plastics machinery, while exports to Thailand, Iran, and South Korea fell significantly. .
Since the beginning of this year, the growth rate of the value-added of the machinery industry has been reduced from the growth rate of the industrial and manufacturing industries in the country in the previous year to higher than the growth rate of the industrial and manufacturing industries in the country. From January to June, the value-added of machinery industry increased by 7.8% year-on-year, which was higher than that of the national industry and manufacturing industry by 1.8 and 0.9% respectively, and was 2.1 percentage points higher than that of the machinery industry in the same period last year.
At present, the financial indicators of some economic indicators of the machinery industry have improved slightly year-on-year. From January to July, the value-added rate of mechanical industrial capital was 110.42%, which was 3.16% higher than that of the national industry. The debt-to-liability ratio was 54.12%, which was at a reasonable level, which was lower than the 2.32% of the national industry. The current asset turnover was 1.96 times, which was flat year-on-year. The profit margin of cost and expenses was 7.11%; the profit margin of main business income was 6.63%, which was slightly lower than the same period of last year. Sales expenses and financial expenses increased significantly, and the increase in administrative expenses was lower than the same period of last year.
The good development prospects of the plastics processing industry will continue to be the driving force for the rapid development of China's plastics machinery manufacturing industry. It is expected that the average annual growth rate of China's demand for plastics machinery will be around 6% in the future. The development potential of China's plastics machinery industry is large and its stamina is strong enough. In particular, some high-tech, high-performance, relatively modest-priced models, such as ultra-large, precision, special injection plastic machinery, low-temperature, high-power single-screw extruder, used to produce high permeability and heat resistance Multi-layer co-extrusion blow molding machines such as packaging materials, production of industrial parts (auto parts, etc.) blow molding machines, etc., have good prospects for development.
Recently, at the annual meeting of German VDMA Association plastics and rubber machinery manufacturers in Frankfurt, the chairman of the association predicted that the growth rate of the plastics machinery industry in 2016 and 2017 will be approximately 2%; VDMA’s research report published in the fall of 2015 had predicted The annual growth rate of the global plastics and rubber machinery industry in 2016 and 2017 was 3.2%.
Previously, China Chemical Industry Group had acquired Germany's KraussMaffi Group, which resulted in a huge shift in the status of China's plastics market. The position of China's plastics machinery industry has obviously been greatly improved.
China National Chemical Industry Group has a large amount of resources, 37 billion euros in sales, and the ninth largest chemical manufacturer in the world. It can make such a scale of acquisition, itself is a global enterprise, which has under the machinery, rubber, chemical and other services. China is gaining a greater position in the global industry and more commensurate with its market size. This acquisition marks China's efforts to move toward high-end manufacturing.
Import and export analysis
According to statistics from China Customs, China imported 116,371 sets of plastics machinery from January to June 2016, an increase of 1,299.0 percent year-on-year; import amounted to USD698.18 million, a year-on-year decrease of 8.4 percent; exports of 261,097 units, an increase of 76.5% year-on-year; export amounted to US$93.259 million. , a year-on-year increase of 1.5%. In the first half of the year, China's plastics machinery import and export trade surplus was 234.41 million U.S. dollars.
From the perspective of import and export commodities, the amount of injection molding machines and extruders accounted for 21.8% and 10.1%, respectively, on a year-on-year basis. The amount of blow molding machines, other molding materials, and molding machines increased slightly year-on-year. The amount of molding plastic machinery and other thermoforming machines not only increased by 21.8% year-on-year, but also exceeded 100,000 units.
In the first half of 2016, the overall export of plastic machinery in China slightly increased, but the injection molding machinery, vacuum molding plastics machinery and other thermoforming machines decreased slightly. Although the extruders and blow molding machines increased, they were not large. Other molding compounds Machinery and molding machines have the highest growth rate of 30.3%.
From January to June 2016, China's import and export trade of plastics machinery, injection molding machinery, blow molding machines, other molding plastics machinery, and molding machines are all trade surpluses, extruders, and vacuum molding compounds. The two major categories of machinery and other thermoforming machines are trade deficits.