Dow Chemical Company said that this year's capital expenditures will be reduced from 2.8 billion US dollars last year to 1.3 billion US dollars, a drop of 54%. DuPont announced that this year's capital expenditure will be reduced by 30% from last year, from $ 2 billion to $ 1.4 billion.
From the current situation, if the market continues to slump, some chemical companies will further reduce capital expenditures.
In May this year, Albemarle Inc., a US specialty chemical manufacturer, announced a series of measures aimed at improving cash flow, including reducing capital expenditures. The company spent $90 million on some major projects this year, a $30 million reduction from the original plan of $120 million.
SHAPE STEEL TUBE ACCORD THE CUSTOMER DEMAND OR DRAWING TO PRODUCE ,NOT THE FIXED SIZE , NORMAL MAKE A NEW MOULD THROUGH COLD DRAW ,THE SIZE FROM 10MM-80MM .THE MATERIAL CAN BE USED CARBON STEEL , STAINLESS STEELL .
Thickness: 0.6mm-20mm
Square Range : 10x10mm-800x800mm,Rectangular Range:10x20mm--750x800mm
Zinc coating: 40-400g/m2
Standard
BS1387,GB3091,ASTMA53, B36.10, BS EN1029, API 5L, GB/T9711 etc
Material
Q195, Q235, Q345; ASTM A53 GrA,GrB; STKM11,ST37,ST52, 16Mn,etc.
Fabrication
Plain ends, cutting, threading, etc
Surface Treatment
1. Galvanized
2. PVC,black and color painting
3. Transparent oil,anti-rust oil
4. According to clients requirement
Flanged Pipe, Triangle Steel Tube, Stainless Steel Seamless Pipe, Special Steel Pipe
Cangzhou Weiheng Pipe Industry Co.,Ltd , https://www.czweiheng.com