ContiTech increases capacity at Hungarian facility
Comments Email
BUDAPEST, Hungary—Increased demand from the oil and gas industry has prompted ContiTech to increase high-pressure hose capacity at its Hungarian plant by about 50 percent.
The expansion of the Szeged, Hungary-based ContiTech Rubber Industrial Ltd. unit includes a new production hall and facilities for manufacturing semi-finished products, a company spokesman said.
The manufacturing area will produce high-pressure hoses mainly for oil drilling, such as rotary, vibrator, cementing, choke and kill, as well as flexible lines for offshore oil production.
The range includes recently developed products with 20,000 psi working pressure, or 5-inch ID, 10,000 psi rotary hose, which are above the pressure range of the relevant American Petroleum Institute standard.
ContiTech Rubber Industrial is the only company with an API license for all three standards relevant for high-pressure oil hoses, API Spec. 7K, 16C and 17K, ContiTech said in a statement.
As well as high-pressure hose, ContiTech Rubber Industrial also manufactures low-pressure hose and textile-reinforced conveyor belts.
Covestro lowers 2018 forecast, citing 'intense competition,' low Rhine water levels
RFID may be 'stop-gap' technology on road to smart tires
Enrico Lucchese, Kenji Kurata to lead International Rubber Study Group advisory panel
