Shandong Molong Invests RMB170 Million in High-End Petroleum Pipe Processing Line

Reuters
2025.12.15 10:09
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Shandong Molong Petroleum Machinery Co. Ltd. plans to invest RMB170 million in a high-end petroleum pipe processing line at its Science and Technology Park in Shouguang City. The project aims to enhance production capabilities with advanced technology, funded through internal or self-raised funds. The investment amount is an estimate, and the timeline may be affected by construction progress and market conditions.