CHICAGO (Sept. 19, 5:55 p.m. EDT) — Nanjing Rubber and Plastics Machinery Plant Co. Ltd. (Nanjing Rubb&Plasmach) said at NPE it may sell FBE anticorrosion pipe coating lines to Portland, Ore.-based Northwest Pipe Co., and other sources said the deal has been finalized.
Being the only producer of 3PE anticorrosion coating production lines in China, the company has sold 35 lines across the world, including Germany, Indonesia, Iran and and potentially India.
“The processing capacity is 273 feet per hour,” said Vice General Manager Wang Yi.
The first-timer to NPE sold at least one machine at the show and had more leads in negotiation.
An order of extruders from Houston in 1998 marked Nanjing Rubb&Plasmach's first business in North America. Now it also sells to South American countries like Argentina. But Europe, the Middle East and Southeast Asia still retain the largest shares of the company's $4 million annual sales at overseas markets.
Nanjing Rubb&Plasmach said it made the first twin-screw extruder in Greater China in 1981 and has installed 5,000 extrusion lines to date.
Competing with 30 firms that make twin-screw extruders in China, Nanjing Rubb&Plasmach's now claims 30 percent of the market share. “But we are challenged by foreign companies like Coperion,” Wang said.
Coperion's wholly owned subsidiary, Coperion Keya Machinery Co. Ltd., also is headquartered in Nanjing.
Nanjing Rubb&Plasmach is a former state-owned enterprise. According to the company, 2,625 miles of the gas pipes used in China's national West-East Gas Pipeline project were made with its extruders. “That is 80 percent of the entire project.”
The company is expanding its production site from 395,000 square feet to 574,000 square feet and adding about 60 jobs. Production in the expanded plant will start by the end of 2007.
The firm also plans to diversify its business and convert its 71,760-square-foot office area in the center of Nanjing to tourism facilities.
Nanjing Rubb&Plasmach said it generates annual sales of around 100 million yuan ($12.5 million).