The New Oil International Equipment Corporation finished construction of its pipeline repair base on Aug 31. The repair factory is expected to save nearly 60 million yuan （US$9.43 million） in manufacturing costs. Be...The New Oil International Equipment Corporation finished construction of its pipeline repair base on Aug 31. The repair factory is expected to save nearly 60 million yuan （US$9.43 million） in manufacturing costs. Because the toughness and strength of pipelines decline with age, old pipelines cannot be reused. In 2014, New Oil International Corporation bought pipeline repair technology with a repair rate of up to 80 percent. ＂The reconstruction technology will reduce the costs of oil pipelines and extend their lifespan, thus protecting the environment, ＂ said Liu Zhi, president of the New Oil International Corporation. It costs about 110 yuan to manufacture one meter of new anticorrosion pipeline, which can be reduced to 70 yuan with the reconstruction technology. The average life span of ordinary anticorrosion pipeline is only three years, while the life expectancy of the metal ceramic composite pipeline is 15 years. The country has also launched favorable policies to encourage remanufactured products. Remanufacturing scrapped pipelines consumes 93 percent less energy than new pipelines.展开更多
文摘The New Oil International Equipment Corporation finished construction of its pipeline repair base on Aug 31. The repair factory is expected to save nearly 60 million yuan （US$9.43 million） in manufacturing costs. Because the toughness and strength of pipelines decline with age, old pipelines cannot be reused. In 2014, New Oil International Corporation bought pipeline repair technology with a repair rate of up to 80 percent. ＂The reconstruction technology will reduce the costs of oil pipelines and extend their lifespan, thus protecting the environment, ＂ said Liu Zhi, president of the New Oil International Corporation. It costs about 110 yuan to manufacture one meter of new anticorrosion pipeline, which can be reduced to 70 yuan with the reconstruction technology. The average life span of ordinary anticorrosion pipeline is only three years, while the life expectancy of the metal ceramic composite pipeline is 15 years. The country has also launched favorable policies to encourage remanufactured products. Remanufacturing scrapped pipelines consumes 93 percent less energy than new pipelines.
