Company News
TISCO stainless steel applied in RAPID project of Malaysia

By SHEN Wenli and WANG Wei UpDate 2018-05-16

The first batch of stainless steel plate for RAPID project has been delivered to the state oil company of Malaysia, the PETRONAS, recently. The customer speaks highly on the products that are to be used to build olefin storage tank. It is an echo to the state initiative of “Belt and Road”, which encourages Chinese companies to actively develop international market and explore overseas customers.
 
RAPID aims at building a world-scale integrated refinery and petrochemical complex in the state of Johor, Malaysia. The estimated investment for the project is 20 billion US dollars. Among dozens of bidding sections of the whole project, the P30A section, i.e. olefin storage tank project, is of great importance. China Petroleum Pipeline Bureau is the contractor for P30A.
 
As its first low temperature chemical tank project in foreign country, the P30A is given significant attention by CPPB, who reviewed many stainless steel plate producers home and abroad with severe carefulness during the bidding phase. To meet the demands in tight delivery time and strict technical specification of the project, TISCO’s sales team proposed a one-stop solution that was composed of dimension design, material processing, delivery time, and other details. After many times technical discussions and exchanges over a period of more than 6 months, TISCO was rewarded the contract.
 
“The robust product quality and their earnest and effective service attitude make TISCO a reliable cooperation partner. We all feel satisfied with our cooperation.” In a summit meeting held by Petro China and PETRONAS, both companies praised highly TISCO’s effort in supply guarantee and thanked TISCO by presenting an award.
 
The grand blueprint of “the belt and road” initiative has been drawn, and TISCO will resolutely “go out” to answer demands from out of China. The company will join other excellent Chinese partners in seeking more opportunities along the belt and road, and take part into the flourishing infrastructure construction in these countries and regions. With its middle class and high-end stainless steel material being applied by one after another project, TISCO brand will become increasingly well-known to the world. We believe that TISCO will be proven as an international player who is more diversified, more open, more inclusive and more competitive.