Bomco Wire Rope Company Overcome Difficulties to Open Up New

Xianyang Bomco Steel Wire Rope Co., Ltd. completed the production of 15,400 tons in the first quarter, which increased 10.4% compare to last year. The quality of the steel wire rope as the leading product amount to 99.95% pass rate, an increase of 0.87%. The international financial crisis lead to unprecedented difficulties and pressures in two heavy oil fields and ports of production and management and market order is gradually declining.

Therefore, our company timely shift direction of the market. Specifically mentioned "internal management, external market" ideas. With group companies speed up drilling, anti-wear oil wire rope and sling wire rope were widely used in the oilfield for drilling.  And new products such as wire rope rigging and shovel rope has been applied by multiple fields.

We extend the service life of the wire cable and to improve the efficiency of drilling operations through many trials. In the oil fields and ports in the case of falling demand, the company timely sights on coal and construction machinery market and improve the technical level of service. The first quarter of sales in the two markets increased 27.7% and 315.8% over last year.