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Trades about 45% below its sector, cheaper than its peers on earnings.
Wuxi Chemical Equipment Co., Ltd., established in 1984 and based in Wuxi City, China, specializes in the engineering, production, and distribution of metal pressure vessels. The company's extensive portfolio encompasses a diverse range of industrial equipment crucial for various processes. Their heat exchange solutions include an array of preheaters (such as refined paste, demin water, condensate, and feedwater types), condensers (including MEG purified distillation column, ethylbenzene, and dewatering overhead units), and numerous reboilers designed for applications like raffinate extraction, overhead steam generation, pressure columns, debutanediol columns, xylene towers, and dimethyl benzene columns, among others. Specific offerings also feature rose exchangers, reforming feed/effluent exchangers, nickel-based alloy units, three-effect crystallization circulation heaters, and essential tube bundle products. Furthermore, Wuxi Chemical manufactures a wide variety of columns and towers, such as aldehyde stripper columns, ship exhaust desulfurization towers, various absorption columns (including high-pressure variants), demethanizing columns, rectifying columns, and atmospheric columns, in addition to secondary spent alkaline oxidation reactor products. Their reactor division produces specialized equipment for styrene, BP, hydroxylamine (including coolers), phthalic anhydride, and hydrogenation processes, along with crystallization kettles and chloride reactors. Beyond these, the company provides an assortment of separators, high-pressure and medium-pressure nitrogen vessels, C2 arsine guard adsorbers, propane and tail gas vent columns, pulsation suppressors, fuel oil daily tanks, venturi vessels, filter vessels, and nuclear fuel waste transfer support systems. Complementing their core offerings are reliquefaction and booster pump units, alongside oil and salt heat exchangers. The company's products are supplied across China and are also exported to international markets.
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