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About Us

Milestone

  • 97: Founded in Puyang
  • 98: Certified as major supplier by Sinopec
  • 04: Certified as major network supplier by CNPC
  • 06: Obtained national patent for drilling polymer invention
  • 09: Provide drilling chemicals package service in China
  • 10: JV with bentonite plant for one stop service
  • 12: Constructing a new factory to expand capacity

Ownership

  • 100% owned by founder

Location

  • HQ: Puyang
  • Six subsidies including one trading company in HK
  • Six sales offices with warehouses in oilfields
  • One independent laboratory to provide drilling chemicals test

Quality Control

  • ISO 9001
  • API under application

Capacity

  • 10,000 tons

Product Focus

  • Polymer / Cellose
  • Lubricant
  • Foam / Defoamer
  • Oil Based Material

Patents

  • Ten national patents, including two are processing

Website

Brand

  • § CXDRILL
  • § Chengxinzhuji

Employees

  • § Total: 200 incl: Sales: 30; R&D :15 (7.5% of workforce); Production: 120; Other: 35

CAGR (05-13)

  • § 25.8%

Facilities

  • § 60,000 m2

Key Financials

  • § Registered Capital: 5.3 million USD
  • § Total Asset: 12.8 million USD
  • § Sales (2013): 16.0 million USD

Clients

  • § Domestic: Sinopec and CNPC, including eight different oilfields in China
  • § Oversea: more than 50 clients, who locate mainly in Asia, Africa, and Southern America

Main Applications

  • § Oil & Gas Drilling
  • § Mining Drilling
  • § Water Well Drilling
  • § Horizontal Direction Drilling (HDD)

Cooperation Model

  • § One-stop shop for drilling mud chemicals
  • § OEM
  • § Agent / Distributor
  • § Quality Inspection

Strategy

  • § Become the major drilling mud chemicals manufacturer in the world, who specializes in manufacturing similar products of industry peers

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