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Business Description

Shandong Wealth Petroleum Equipment Co., Ltd. is located in Dongying, Shandong Province, China. It is an emerging seamless steel pipe sales company. The company mainly targets domestic and foreign line pipe, and always has the export size line pipe and undertakes processing and delivery to the port.

The company keep storage 3000tons line pipe for export and has its own line pipe processing factory. The factory is 30 kilometers away from Tianjin Port and can be directly responsible for processing and transporting to the port. At present, there are 30 workers and 3 senior engineers and technicians in steel mills. The auxiliary materials such as paints, protector and packaging belts are from well-known domestic manufacturers, which guarantee the quality of processed products. Therefore, the processed products have won unanimous favorable comments from customers.

At present, our company is a strategic cooperation agreement customer of TPCO, Baotou Steel, Heilongjiang Jianlong, Shandong Molong and Angang Steel. The above cooperative steel mills have higher requirements on product quality for the special material steel pipe heat treatment and ultrasonic flaw detection equipment technology. The agreement customers enjoy the batch preferential policy of more than 1, 000 tons, so the production cost is low, the product specifications are more demanding and the supply is flexible, and the processing factory has the advantages of flexible scheduling, production and shipping.

Business Overview

Avg Response Time

≤ 1h

Shandong Wealth Petroleum Equipment Co., Ltd. offers a wide range of key products like oilfield pumping units, drill bits, and steel pipe — all critical for upstream oil and gas operations. The company operates from Tianjin Port, a major hub for energy equipment exports in northern China, giving it strong logistics access to Asia and beyond. Accepting multiple payment terms including PayPal and Western Union is unusual for industrial suppliers, suggesting a focus on attracting smaller or faster buyers. However, the lack of verified work email and phone number raises concerns about communication reliability and business legitimacy. With only 7 employees and a recent start date in November 2018, the company appears small-scale and may lack the infrastructure to handle large or complex orders. Buyers should verify contact details and confirm the company's operational capacity before placing significant orders.

Export Capabilities

Declared by supplier

Shandong Wealth Petroleum Equipment Co., Ltd. has been exporting since 2018. The company ships out of the Port of Tianjin Port.

Export start year

2018

Logistics and terms accepted

Nearest ports:

Tianjin Port

Trade Capabilities

Business Terms

Preferred Payment Term:

T/T, D/P, LC, PayPal, Western Union, Small-amount payment

Preferred Trade Term:

FOB, CIF, CFR, EXW

Port Of Loading:

Tianjin Port

Accepted Currency:

USD

Trade Ability

Annual Revenue Amount:

Not specified

Numbers Of Employees:

7

Avg Response Time:

-

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