Heavy cranes in the chemical industry market prospects

As oil prices rose faster than on the demand for petrochemical products in the recovery phase velocity,hoist gantry crane the petrochemical industry, companies have to please the leasing company, trying to be more cost-effective services.
Asia-Pacific region during the financial crisis of affordability in 2010 OPEC developing strategic documents long since been described as refiners' ability to grow the core "of its fast recovery of the global petrochemical industry plays an important role.
In the past 20 years, the region has achieved self-sufficiency in turn develop national export of petrochemical products, although able to export petrochemical products decreased number of countries, but the proportion of petrochemical production capacity has increased in developed countries .
The establishment of the new plant and the old plant expansion is carried out up to this pace, resulting in Western Europe, Japan and the United States in 1980, when they accounted for 80 percent of the global petrochemical market countries, to 2010 in the world market share of total reached only 37%.
OPEC said the mature markets of Western Europe and the United States generally lower utilization, interim profits.steel crane As these areas the demand for petrochemical products slow recovery, so not many new projects underway.
However, in another mature markets such as the Middle East, other markets fall in consumption does not affect the good performance here. In Saudi Arabia, petrochemical products export growth of 83%, in June 2011 reached $ 1.39 billion.
Middle East countries to vote heavily in the expansion of existing production capacity after the leasing company responded quickly together toward the rapid development of the promising market. A series of expansion projects in the region behind, ALE will relocate its heavy lifting sector UAE, want to take advantage of this opportunity in the next five years to obtain greater benefits.
These projects include ALE Habshan V gas processing plant and plans 2016 Ruwais refinery expansion project completed in Phase II.
ALE Heavy  sino hoist,  director Paul Sands said that even if the existing equipment with Saudi Al Suwaidi transportation company providing services in terms of size, enough to see the market potential of the region, it was decided to move the company headquarters here.