rongsheng machinery manufacture quotation

Rongsheng Machinery Manufacture Ltd of Huabei Oilfield, Hebei, which was founded in 1976, has now been an internationally famous comprehensive petroleum machinery manufacturer, and has grown to be the largest manufacturer and dealer of land-use BOPs.

The company management systems have passed the certifications of ISO 9001, ISO 14001, OHSAS 18001, HSE and certification of safety and quality of machinery industry in China.

NOTE: Rongsheng North America, Inc. is the only legal subsidiary of Rongsheng Machinery Manufacture Ltd. in the United States which is authorized to sell "HRSB" brand products including BOP"s, Mud Pumps and Well Heads.

Jiaxing Rongsheng Lifesaving Equipment Co.,Ltd. is founded in 1983 and located in Jiaxing, which is near Shanghai and Ningbo. Our factory covers an area of 8,600 square meters and construction area of 1,280 square meters.We have a strong research and development, designing, manufacturing and marketing team.

Our company is a professional manufacturer of marine lifesaving products and marine fire fighting equipment.Our main marine life-saving products include immersion suit (survival suits), SOLAS life jackets, lifebuoy rings, inflatable life rafts, life jacket lights, first aid kits, embarkation ladder and marine fire-fighting equipment include emergency escape breathing devices, positive pressure breathing apparatus, fireman protective suit, fire axes,etc..All products obtain ZY / CCS certificates and EC/MED certificate from DNV-GL, RINA, KR, LR classification societies.

Jiaxing Rongsheng Lifesaving Equipment has passed the international quality management system certification ISO9001/ISO22000 in 2002. With high-quality management system, strict process management, strong technical team and excellent management team, our company has become the leading manufacturer in marine lifesaving industry. Our Products are popular among both domestic and overseas markets. Welcome to visit us for more business cooperation.

Jiaxing Rongsheng Lifesaving Equipment Co.,Ltd. is founded in 1983 and located in Jiaxing, which is near Shanghai and Ningbo. We are professional manufacturer and supplier of marine life jackets, immersion suit / survival suits, lifebuoy ring and lifeguard accessories,etc. We have passed the international quality management system certification ISO9001 / ISO22000 in 2002. All of our life-saving products obtain ZY / CCS certificates and EC/MED certificate from DNV-GL, RINA, KR, LR classification societies.

RUGAO, China/SINGAPORE (Reuters) - Deserted flats and boarded-up shops in the Yangtze river town of Changqingcun serve as a blunt reminder of the area’s reliance on China Rongsheng Heavy Industries Group, the country’s biggest private shipbuilder.A view of the Rongsheng Heavy Industries shipyard is seen in Nantong, Jiangsu province December 4, 2013. REUTERS/Aly Song

The shipbuilder this week predicted a substantial annual loss, just months after appealing to the government for financial help as it reeled from industry overcapacity and shrinking orders. Rongsheng lost an annual record 572.6 million yuan (56.31 million pounds) last year, and lost 1.3 billion yuan in the first half of this year.

While Beijing seems intent to promote a shift away from an investment-heavy model, with companies reliant on government cash injections, some analysts say Rongsheng is too big for China to let fail.

Local media reported in July that Rongsheng had laid off as many as 8,000 workers as demand slowed. Three years ago, the company had about 20,000 staff and contract employees. This week, the shipbuilder said an unspecified number of workers had been made redundant this year.

“Without new orders it’s hard to see how operations can continue,” said one worker wearing oil-spattered overalls and a Rongsheng hardhat, adding he was still waiting to be paid for September. He didn’t want to give his name as he feared he could lose his job.

“Morale in the office is quite low, since we don’t know what is the plan,” said a Rongsheng executive, who declined to be named as he is not authorised to speak to the media. “We have been getting orders but can’t seem to get construction loans from banks to build these projects.”

While Rongsheng has won just two orders this year, state-backed rival Shanghai Waigaoqiao Shipbuilding has secured 50, according to shipbroker data. Singapore-listed Yangzijiang Shipbuilding has won more than $1 billion in new orders and is moving into offshore jack-up rig construction, noted Jon Windham, head industrials analyst at Barclays in Hong Kong.

Frontline, a shipping company controlled by Norwegian business tycoon John Fredriksen, ordered two oil tankers from Rongsheng in 2010 for delivery earlier this year. It now expects to receive both of them in 2014, Frontline CEO Jens Martin Jensen told Reuters.

Greek shipowner DryShips Inc has also questioned whether other large tankers on order will be delivered. DryShips said Rongsheng is building 43 percent of the Suezmax vessels - tankers up to 200,000 deadweight tonnes - in the current global order book. That’s equivalent to 23 ships, according to Rongsheng data.

Speaking at a quarterly results briefing last month, DryShips Chief Financial Officer Ziad Nakhleh said Rongsheng was “a yard that, as we stated before, is facing difficulties and, as such, we believe there is a high probability they will not be delivered.” DryShips has four dry cargo vessels on order at the Chinese firm.

Rongsheng declined to comment on the Dryships order, citing client confidentiality. “For other orders on hand, our delivery plan is still ongoing,” a spokesman said.

At least two law firms in Shanghai and Singapore are acting for shipowners seeking compensation from Rongsheng for late or cancelled orders. “I’m now dealing with several cases against Rongsheng,” said Lawrence Chen, senior partner at law firm Wintell & Co in Shanghai.

Billionaire Zhang Zhirong, who founded Rongsheng in 2005 and is the shipyard’s biggest shareholder, last month announced plans to privatise Hong Kong-listed Glorious Property Holdings in a HK$4.57 billion ($589.45 million) deal - a move analysts said could raise money to plug Rongsheng’s debts.

Meanwhile, Rongsheng’s shipyard woes have already pushed many people away from nearby centres, and others said they would have to go if things don’t pick up. Some said they hoped the local government might step in with financial support.

The Rugao government did not respond to requests for comment on whether it would lend financial or other support to Rongsheng. Annual reports show Rongsheng has received state subsidies in the past three years.

HONG KONG, Nov 26 (Reuters) - China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, said its chairman had stepped down just three months after the company posted its sharpest fall in half-year net profit.

Listed in November 2010, Rongsheng was hit by an insider dealing scandal involving a firm owned by Zhang ahead of the $15.1 billion bid for Canadian oil firm Nexen Inc by China offshore oil and gas producer CNOOC.

Rongsheng said earlier this month that investment firm Well Advantage, controlled by Zhang, had agreed to pay $14 million as part of a settlement deal with the U.S. Securities and Exchange Commission (SEC).

In August, Rongsheng posted an 82 percent drop in half-year profit on a dearth of new orders and warned economic uncertainties would continue to weigh on the global shipping market.

As part of the changes at China Rongsheng, the company said that Zhang De Huang was retiring and had resigned as an executive director and as vice chairman of the board.

Rongsheng Machinery Manufacture Ltd. of Huabei Oilfield,Hebei, which was founded in 1976, has now been an internationally famous comprehensive petroleum machinery manufacturer.The company products include BOPs, BOP control system, choke and kill manifolds, snubbing equipment, mud pump, wellhead equipment and Christmas tree, pumping units, tubing and drill pipe joint, etc, which have all passed certification by API. The products by Rongsheng have been sold to all onshore and marine oil fields and gas fields in China and have been exported to over 40 oil producing countries such as the U.S.A., Canada and Russia,etc.

The targeted size suggests Zoomlion, which is already listed in Shenzhen, has the chance to overtake shipbuilder China Rongsheng Heavy Industries as the third largest IPO in Hong Kong this year. Rongsheng raised $1.8 billion after pricing its offering in the lower half of the indicated range last month.

Based in the city of Changsha in the middle of China, Zoomlion is a leading manufacturer of construction machinery, including concrete machinery, crane machinery and environmental and sanitation machinery.

China and other developing countries represent the fastest growing market for construction machinery. In 2009, China accounted for approximately 42.6% of global sales and became the largest market for construction machinery, followed by North America and Europe, Zoomlion said in its preliminary IPO prospectus.

Zhejiang Rongsheng Environmental Protection Paper Co Ltd is a China-based company principally engaged in the manufacture and sales of recycled paper. The Company"s main products include kraft liner board products, high strength corrugated base paper, high ...

Zhejiang Rongsheng Environmental Protection Paper Co Ltd is a China-based company principally engaged in the manufacture and sales of recycled paper. The Company"s main products include kraft liner board products, high strength corrugated base paper, high density cardboard, corrugated cardboard, corrugated boxes and steam.

Some of the notable companies in the global subsea production and processing system market are Aker Solutions, Baker Hughes, a GE company, TechnipFMC, Audubon Companies, Schlumberger, Drill-Quip, National Oilwell Varco, Oceaneering, Worldwide Oilfield Machine, Helix Energy Solutions Group, Weatherford, Halliburton, KERUI PETROLEUM and Rongsheng Machinery Manufacture Ltd. Of Huabei Oilfield.