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Yuanda Valve Group is building a 50,000-ton-per-year precision valve processing project in Longyao County, Hebei, China, with total investment of 1.24 billion yuan; the first phase is due for production by year-end 2024.
Yuanda Valve Group won a valve contract worth over CNY 100 million from Shenghong Refining & Chemical for its 16 million tonne integrated refining project in Lianyungang, Jiangsu, becoming a main supplier.
Yuanda Valve Group began construction of its North China pump and valve casting industrial park in Longyao County, Hebei, at a ceremony on 12 July 2017. The project has a total investment of 1.22 billion yuan and designed annual output of over 30,000 tonnes of valves.