In 2010, Tianjin-based Chinese steel
pipe manufacturer Tianjin
Pipe Corporation (Tianjin
Pipe) increased its industrial output by 23.49 percent while its sales revenues rose by 42.12 percent, both compared to 2009.
In addition, during
China's 11th five-year plan period (2006-10), Tianjin
Pipe recorded an increase of 403.25 percent in its industrial output and rises of 454.93 percent and 251.08 percent in its sales revenue and pre-tax profit respectively, all compared to the 10th five-year plan period (2001-05).
Tianjin
Pipe also stated that, through technological upgrades, it has significantly expanded its seamless
pipe production capacity. In 2010, Tianjin
Pipe's total
production of premium connections rose by 873.14 percent year on year.