Shangfa Valve

Liangu Valve won a $3.5 million procurement order for DN1200 PN100 hydraulic all-welded ball valves for a natural gas long-distance pipeline in an unnamed Central Asian country.

Zhejiang Shihua Valve has broken ground on its smart valve factory in Wenzhou Bay New Area, with total investment above 1 billion yuan. The 107-mu site is designed to produce 50,000 sets of high- and low-temperature and precision valves per year after a 500-day build.

Shanghai Kaiweixi completed supply of more than 30,000 engineering valves, including 156 full sets of NPS 60 Class 300 axial check valves, for the Amursky GCC ethane and LPG cracking project in Russia. The project has annual capacity of 2.3 million tonnes of ethylene.

Qinhuangdao Zhongqing Metallurgical Valve Co. is finishing its Zhongqing industrial park in Lulong county, with a total investment of RMB 455 million, capacity of 40,000 tons of valves a year and expected output value of RMB 1 billion. Offices are due to be finished in late September and production lines in October 2023.

Shanghai Frethy Valve Co. completed land registration for a project in Anren Town, Longquan, to build a 10,000-ton valve casting and 500,000-unit smart control device production line, with a total investment of RMB 121 million. The project is due to start construction within the year and reach full capacity in 2025.

Shangfa Valve (上阀股份) signed an agreement with the Changsanjiao (Huzhou) cooperation zone for a high-end intelligent industrial fluid control equipment manufacturing project with total investment of 1.2 billion yuan and annual output of 500,000 units. Signing took place on January 8, 2022.