It is reported that, Zhongyou BSS Petropipe Co Ltd has successfully finished its 1st phase project and realized batch production lately with gross investment of CNY 1.5 billion.

As a JV founded by Baoji Petroleum Steel Pipe Co Ltd and UMW Petropipe Co Ltd, a company in Malaysia, Zhongyou BSS is designed to be built in 2 phases.

Its first phase has completed a big diameter SSAW pipe production line and a both sides anticorrosion line.

At present the company is busy in making large-diameter SSAW pipes for the Khorgos-Zhongwei-Jingbian Part of the second line of West-East Gas Transmission.

In 2009, the JV is expected to reach a 0.35 million tonnes of capacity and realize CNY 3.5 billion of production value.

(Source: Sinopec News)