A new 450m3 vacuum insulated storage tank developed and manufactured by Hangyang Cryogenic Storage Tank Company has been shipped to Australia.
The tank is understood to be the largest of its kind developed and manufactured in China.
The company said that the success of this project has given the company some precious experience in the manufacturing of extra large-scale storage tanks, as well as ‘an outstanding company reference’.
According to gasworld China, it is reported that this storage tank, with an overall length of 40 metres, diameter of 4.6 metres and gross weight of 134 tonnes, is manufactured for BOC Australia.
Hangyang Cryogenic Storage Tank Company is a subsidiary of Hangzhou Hangyang Co Ltd. Parent company Hangyang is the largest ASU manufacturing company in China and is listed on the Shenzen Stock Exchange.
Hangyang, the largest air separation unit (ASU) manufacturing company in China and listed in the Shenzhen Stock Exchange, has announced its 2013 annual results and seen gross revenue rise.
The development of unconventional oil and gas resources is gaining momentum across the world, with China and Australia becoming two of the most important emerging markets for shale and Coal Bed Methane (CBM) exploration, says GlobalData.
Recognised as the largest ASU manufacturer in China, Hangzhou Hangyang talks to gasworld about growth drivers, gas supply and its vision for the future.
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