
Hilong Saineng New Materials
A group of holding enterprises specializing in businesses related to the oil and natural gas industries.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | CNY150m | Series B | |
Total Funding | 000k |
Hilong Group, operating as Hilong Holding Limited on the Hong Kong Stock Exchange (1623.HK), is a large-scale corporate group established in 2002. The company is a key player in the global energy sector, specializing in high-end oilfield equipment and integrated services for the petroleum and natural gas industry. Headquartered in Shanghai, China, Hilong has expanded its footprint globally, with numerous production bases and business branches across major energy markets. The company's business is structured around five core segments: oilfield equipment, oilfield services, pipeline technology and services, offshore engineering, and new materials.
The group serves major national and international energy and oil service companies, including CNPC, Sinopec, CNOOC, Shell, BP, Schlumberger, and Weatherford. Revenue is generated through the manufacturing and sale of oil and gas equipment, coating materials, and the provision of a wide range of services across its business segments. A significant portion of its business comes from being China's largest and the world's second-largest supplier of drill pipes and OCTG (Oil Country Tubular Goods) coatings. The company's offerings are distributed across China, Southeast Asia, South Asia, Central Asia, Russia, the Middle East, Africa, and both North and South America.
Within its diverse portfolio, the New Materials division, specifically Shanghai Hilong Saineng New Materials Co., Ltd., has been developing and producing coatings since 2003. This unit operates an automatic production line with an annual capacity of 30,000 tons of liquid coatings and is a major supplier for anti-corrosion materials in China's pipeline projects. Its products include heavy-duty anti-corrosion coatings for ships, offshore platforms, and wind power equipment, as well as specialized coatings for the internal anti-corrosion of drill pipes and oil casings. The company's commitment to research is evident through its dedicated R&D centers, such as the Shanghai Hilong Petroleum Tubular Goods Research Institute and the Shanghai Hilong Petrochemical Research Institute, which have produced patented technologies.
Keywords: oilfield equipment, oil and gas services, pipeline technology, offshore engineering, new materials, drill pipes, OCTG coating, anti-corrosion solutions, petroleum equipment manufacturing, integrated oil services, pipeline inspection, offshore construction, high-end equipment, energy sector supplier, industrial coatings, corrosion protection, petroleum research, global energy markets, oilfield services provider, gas development technology