Since the beginning of 2020, affected by the COVID-19 epidemic and low oil prices, the world economy has been in a downturn, and economic globalization has encountered countercurrents, which has brought unprecedented challenges and tests to the global industrial chain, supply chain and value chain established under the globalization system. Petroleum and petrochemicals international trade and investment in the industry also shrank significantly. However, China's petroleum and chemical industry has achieved a series of new developments under extremely severe and complex conditions. Industry sales revenue and growth quality have achieved new improvements, industry innovation capabilities have achieved new breakthroughs, and the industrial structure has been further optimized and upgraded. China's petroleum and petrochemical industry is an indispensable and important part of the global petrochemical industry chain. It will also inject greater vitality into the development of the global petrochemical industry during the expansion of opening up. China is becoming an important global manufacturing center and supply chain hub. More and more of petrochemical equipment manufacturing companies have gone global, and China has accounted for 40% of the global market share.
Recently, DTI confirmed its participation as an exhibitor in "10th China Petrochemical Equipment Procurement International Summit and Exhibition (CSSOPE 2020)" to be held in Hangzhou on December 17, and will engage in discussions and seek cooperation with petroleum and petrochemical procurement companies from around the world. "How to more rapidly enhance the leading role of the petroleum and chemical industry in global economic recovery? Let us work together to strengthen cooperation in various fields based on technology, innovation and digitalization in the supply value chain" - this is the topic for every petrochemical industry practitioner and also a major theme of the summit.
About Jiangsu Ding Testing & Inspection (DTI) Co., Ltd.
Jiangsu Ding Testing & Inspection Co., Ltd. (DTI) was established in 2017 and is located in Suzhou Industrial Park, Jiangsu, the core area of the Yangtze River Delta with the most developed manufacturing industry. It provides materials and product application research, test analysis, inspection and testing and technical services. As a professional organization, DTI is composed of key technical and management teams with an average industry experience of more than 15 years. It has established a management system in accordance with ISO/IEC17025 standards, and has obtained the China National Accreditation Service for Conformity Assessment (CNAS) and the International Laboratory Accreditation Cooperation (ILAC) Laboratory accreditation and Jiangsu Province Qualification/Measurement Certification (CMA) qualification, fully qualified to issue third-party testing reports. DTI's main business includes engineering material corrosion and protection research, failure analysis and prevention, material physical and chemical property inspection tests, corrosion tests, wear tests, material permanent creep tests, anti-corrosion layer evaluation, non-destructive testing, corrosion monitoring, etc. DTI is committed to creating advanced materials and product inspection and testing platform, striving to become the most trusted institution in the fields of inspection, identification and testing. We promise to strictly abide by operating procedures, implement inspection and testing standards, adhere to the integrity principles of objectivity, independence, fairness and impartiality, abide by professional ethics, assume corresponding social responsibilities, and consistently provide unparalleled quality and safety services to global customers.
International orders are currently affected, but international owners and EPC companies have stated that in order to reduce production costs, they will continue to expand supplier sourcing in China, and will continue to conduct online price inquiry and comparison purchases, dynamic bidding purchases, and online bidding purchases during the epidemic. It is also the best time for equipment manufacturers and service providers to do their best, prepare in advance to join the network and bid, and establish long-term and stable cooperative relationships with internationally renowned companies. CSSOPE leverages its procurement resources around the world, gives full play to its international procurement capabilities and market control capabilities, provides value-added services in procurement and bidding information for China's petroleum and petrochemical equipment suppliers and major suppliers, and vigorously promotes the export of "Made in China" equipment, petroleum Special geological pipes, pipeline steel, drill bits, compressor units, valves and other petroleum and petrochemical materials and equipment are radiated to many countries and regions such as the Middle East, South America, Canada, Russia, India, etc. CSSOPE will continue to join hands with friends at home and abroad to seek the future of global oil The development of chemical equipment industry.
As China's first professional communication and docking platform for buyers and suppliers in the petroleum and petrochemical industry, the China Petroleum Equipment Procurement International Summit (CSSOPE) has been accumulated for ten years and has successively hosted events for Shell, BP, Saudi Aramco, Equinor (formerly Statoil), Total, Lanxess, Reliance (RIL), Petrobras, BASF, Dow, Fluor, Worley, Technip FMC, Petrofac, PetroChina, Sinopec, CNOOC, Yanchang Oilfield, Wanhua, Tianchen, Wison, Chengda, Hengyi, Shenghong, Hengli, Luxi and many other procurement giants represent the best place for domestic and foreign purchasers to gather annually, exchange procurement experience, communicate industry information, and learn about the latest technology equipment and solutions.
