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Trades about 33% above its sector, the market expects faster growth.
Lanpec Technologies Limited, founded in 1960 and headquartered in Lanzhou, China, functions as a global producer and supplier of specialized equipment for the petroleum and petrochemical sectors. A subsidiary of China Energy Engineering Group Co., Ltd., the company provides an extensive product line to both domestic and international markets. Its diverse offerings encompass a wide array of oil drilling machinery. This includes various mud pumps, AC and DC-driven drilling rigs—featuring both cluster models and units designed for depths ranging from 1500 to 7000 meters. The category also covers essential components such as pump parts, pumping units, drill heads, screw drilling tools, and other downhole apparatus. Furthermore, Lanpec furnishes a comprehensive selection of refining and petrochemical equipment. This extensive inventory boasts numerous heat exchanger types (e.g., shell-and-tube, welded corrugated plate air preheaters, circulating separators, hydrogenation heat exchangers, surface evaporative air coolers, and various plate designs), alongside gas-tube boilers and thermal power plant air cooling and condensing units. The company also fabricates a variety of storage vessels, including spherical tanks for liquid hydrocarbons, cryogenic and low-temperature double-shell spherical tanks, sludge digestion tanks, nitrogen storage tanks, and compressed natural gas tanks, in addition to synthesis towers. Beyond manufacturing, Lanpec Technologies designs and supplies complete engineering solutions and associated equipment for both offshore and onshore oil and gas fields. These crucial systems address needs like oil, gas, and water separation; chemical injection; gas and oily sewage treatment; utility provision; wellhead gathering and measurement; gas filtration and separation; and sludge catching. Specialized units like LNG terminal receiving stations, pig launchers and receivers, crude oil stabilizers, and triethylene glycol dehydration units are also part of their extensive portfolio. Moreover, the company extends its manufacturing prowess to the light industry, providing plate heat exchangers, plate and tubular evaporators, and plate sterilization units tailored for this sector.
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