On June 4th, at the site of Sinopec Maoming Petrochemical Project in Guangdong, the trial run of the domestically developed project for the localization of a 400,000 tons/year styrene screw compressor was initiated. The machine roared, echoing the vigorous development of the compressor industry.
Over the past decade, with its strong research and development capabilities, Seven-One-One Institute has created numerous product records and continuously expanded its application areas. It has provided technologically advanced and high-quality energy power equipment for domestic industries such as petroleum and coal chemical engineering. More than 2,000 sets of power machinery and pump equipment have been widely used in the field of energy chemical engineering. Among them, process gas screw compressors firmly occupy over 60% of the domestic market share.
Innovation achievements establish industry position.
Around 2012, the energy and chemical industry began to rise, and industrial development entered the fast lane. Market competition also intensified accordingly. The compressor industry of 711 Institute broke through with a “hard punch”, taking customer demand as the fundamental orientation and independent innovation as the core competitiveness, using a series of innovative achievements to firmly establish its position in the industry.
In the past decade, we have successively conquered core technologies such as large-scale oxidative dehydrogenation of butadiene, 816 styrene tail gas compressor, 150-ton heavy-duty reciprocating compressor, acetylene gas compressor, and high-flow steam screw heat pump. We have also successfully applied these technologies in our first project, setting new industry records multiple times. Moreover, we have smoothly completed the import substitution of core equipment for domestic refining, chemical and coal chemical industries.
Innovation drives the development of industries. From a single category of products such as torch Process gas screw compressors and styrene compressors, to three major series including process compressors, expanders, and heat pumps; from petrochemicals and coal chemicals to energy conservation and environmental protection in various fields; from a simple product manufacturer gradually transforming into a system integrator; from a product supplier transitioning into a solution provider. The compressor industry firmly anchors itself in the field of energy power equipment, never relaxing its efforts. It takes technological innovation as its breakthrough point, solidifying its advantages in the face of market changes, successfully breaking through intense competition. Its total revenue has grown at an astonishing rate of 453% over the past decade.
In the era of “double carbon”, emerging industries such as energy-saving and carbon-reducing power equipment have become new propositions on the path of development. The compressor industry is facing new challenges and opportunities: the national energy structure is gradually shifting from traditional fossil energy to clean energy, and the main battlefield of the compressor industry has changed, with demand decreasing. Under the background of double carbon, there is a growing demand for industrial enterprises to save energy and reduce carbon emissions, which hides enormous market potential.
In the face of adversity, we must keep moving forward. The compressor industry of 711 Company is closely aligned with national policy guidance, strategically planned, and decisively executed. We are simultaneously focusing on three dimensions to rapidly gather internal development momentum and continuously build and expand our competitive advantages. gas powered rotary screw air compressor
Guided by customer demands, we integrate innovation consciousness, innovative ideas, innovative culture with product requirements. We continuously enhance our product development and design capabilities. With a research management system as a guarantee, we increase investment in technology research and development. We have established well-equipped and comprehensive research and development testing platforms to strengthen our technological innovation capabilities.
Based on national strategic planning and market development needs, we have established an integrated marketing system that encompasses sales, research, production, and services. We fully leverage our product advantages and industry expertise to form a highly capable marketing team that charges into the market. This enables us to create a sound marketing system and strategic cooperation network, activating the full potential of our marketing efforts.
We continuously enhance the quality of our product services by providing personalized design customization before sales, implementing professional and differentiated solutions during sales, and offering comprehensive “butler-style” after-sales service. Our goal is to provide customers with better energy system solutions throughout the entire lifecycle while ensuring their satisfaction with our services.
Riding the wind at full helm, crossing turbulent currents for a decade.
Technologically, we have transitioned from reverse engineering to forward research and development. In terms of products, we have shifted from localization to independent innovation. Within the industry, we have successfully advanced from followers to leaders. Amidst the ever-changing market landscape, 711 Process gas screw compressors Industry has remained steadfast and solidly established itself through continuous transformation. We have explored a distinctive path that aligns with our own development and reaped fruitful results.
Now standing at the new horizon of the era, the compressor industry will always maintain strategic composure. While steadily developing our traditional core businesses, we will also focus on carbon reduction policies and energy-saving equipment. With full dedication, we aim to create a new pattern of industrial development that is larger in scale and more stable and robust.