Taishan

Name

Taishan

Legal name

Weihai Shidao Heavy Industry Co., Ltd. (威海石岛重工有限公司)

Website

https://whsdzg.cn

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Industrial Equipment Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Boiler, Tank, and Shipping Container Manufacturing (3324)

SIC

Fabricated Plate Work (Boiler Shops) (3443), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Pressure Vessels, Columns & Storage Tanks (ASME/Process Vessels) (IMAHAEAF)

akta.pro secondary industry

Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA)

Keywords

• Pressure vessel manufacturing
• Heavy industrial equipment
• Nuclear power equipment
• Petrochemical reactors
• LPG storage tanks

Headquarters

HQ city

Rongcheng

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Heavy Equipment Manufacturing and Sales: Custom heavy equipment manufacturing and sales. The company manufactures pressure vessels, reactors, heat exchangers, towers, and specialized industrial equipment to customer specifications. Revenue is generated through one-time equipment sales with delivery-based payment terms.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Taishan (Weihai Shidao Heavy Industry Co., Ltd.) designs and manufactures custom large-scale industrial equipment, including pressure vessels, hydrocracking/hydrorefining reactors, MTO reactors, ammonia and methanol synthesis towers, flexible coking unit components, LPG storage tanks, nuclear power thermal simulation vessels, natural gas hydrate reactors, seawater desalination units, and aerospace chambers. The company serves enterprise customers in petrochemical, refining, nuclear power, coal chemical, fine chemical, LPG, new energy, and aerospace sectors with one-off custom-engineered equipment built to specification.

Product overview

Weihai Shidao Heavy Industry Co., Ltd. is a heavy equipment manufacturing enterprise that produces large pressure vessels and industrial equipment across multiple sectors. The company's product portfolio includes refining equipment (hydrocracking reactors, hydrorefining reactors), petrochemical equipment (MTO reactors, PTA units), coking units (flexible coking equipment, delayed coking units), fertilizer industry equipment (ammonia synthesis towers, methanol synthesis towers), coal chemical equipment (gasifiers, shift furnaces), fine chemicals equipment (reaction towers, oxidation reactors), LPG storage tanks, nuclear power equipment (thermal simulation vessels), new energy equipment (natural gas hydrate reactors, biogas separators), and specialized projects (seawater desalination, aerospace components). The company operates as a B2B manufacturer of custom industrial equipment rather than a software or platform-based product company.

Differentiator

Problem solved

Functional benefit

Products and services

• Hydrocracking Reactor Large pressure vessel designed for hydrocracking processes in petroleum refining operations, custom-built for petrochemical enterprises.
• Hydrorefining Reactor Heavy pressure vessel for hydrorefining operations in petroleum refining, weighing 570 tons and manufactured from 12Cr2Mo1V forging with E309L+E347 surfacing welding.
• MTO Reactor Methanol-to-olefins reactor for petrochemical applications, manufactured from SA516 Gr70 material.
• CAP1400 Pressurized Water Reactor Control Rod Drive Line Thermal Simulation Vessel Thermal simulation vessel for the control rod drive line of pressurized water reactors, simulating different operating conditions to complete thermal hydraulic tests of control rod drive mechanism for safe reactor startup, power regulation, and safe shutdown.
• Ammonia Synthesis Tower Large ammonia converter for fertilizer production, weighing 370 tons and manufactured from Q345R, 14Cr1MoR, and 12Cr2Mo1R materials.
• Methanol Synthesis Tower Methanol synthesis equipment for fertilizer production, weighing 311.46 tons and manufactured from Q345R and 14Cr1MoR with S.S.347/S22053 surfacing welding.
• Vaporizer for Flexible Coking Large vaporizer equipment for flexible coking units, weighing 430 tons; part of the sixth flexible coking process unit in the world and the first produced in China for the Hengyi Brunei PMB petrochemical project.
• Reactor/Washing Tower for Flexible Coking Reactor and washing tower for flexible coking units, weighing 302.7 tons; part of the PMB petrochemical project with Hengyi Brunei.
• LPG Bullet Tank Large LPG storage tanks manufactured for Angola, each with diameter of 8 meters, length of 72 meters, and weight of approximately 480 tons, made from SA537 Cl2 material.
• MED3600 Cubic Meters/Day Seawater Desalination Device Multi-effect distillation seawater desalination unit with capacity of 3600 cubic meters per day, including mechanical manufacturing, installation, and electrical engineering.
• Wind Tunnel Explosion Chamber Aerospace wind tunnel explosion chamber, weighing 49.665 tons and made from 20MnMoNb IV/16Mn III materials, used in aerospace research and testing applications.
• High Pressure Reaction Kettle for Natural Gas Hydrate (Combustible Ice) Project High pressure reactor for natural gas hydrate (combustible ice) mining simulation projects, weighing 22 tons and made from 20MnMo IV material.
• DPC (Diphenyl Carbonate) Reaction Tower Large reaction tower for diphenyl carbonate production in the fine chemicals industry, weighing 520 tons.
• Oxidation Reactor Oxidation reactor for fine chemical production, weighing 165.5 tons and made from S30403+Q345R materials.
• Gasifier Shell Gasifier shell for the coal chemical industry, weighing 76 tons and made from 15CrMoR and 15CrMoR+S31603 materials.

Quantifiable outcome

• Operating revenue of 540 million yuan in 2020 with over 700 million yuan in orders on hand
• +2 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Hengyi BruneicoreStrategic or Co-development PartnerShidao Heavy Industry and Hengyi Brunei signed PMB petrochemical project - a flexible coking unit with annual output of 1 million tons. This is the sixth flexible coking process unit in the world and the first flexible coking process unit produced in China. The project includes carburetor, heater, reactor, and washing tower equipment.
• Shanghai Nuclear Power Equipment Testing and Verification CentercoreStrategic or Co-development PartnerCollaboration on nuclear island operation key component manufacturing. The company collaborated with this center and Shanghai Nuclear Engineering Research and Design Institute to take over the key component order for nuclear island operation.
• Shanghai Nuclear Engineering Research and Design InstitutecoreStrategic or Co-development PartnerJoint collaboration on nuclear island operation key component manufacturing for pressurized water reactor thermal simulation vessels.
• State Key Laboratory of Natural Gas HydratescoreStrategic or Co-development PartnerThe inspection team of the 'large-scale three-dimensional NGH production simulation device' project visited Shidao Heavy Industry. The project design and manufacturing plan was approved by the inspection team.
• Huaneng Shandong Shidao Bay Nuclear Power Co., Ltd.coreStrategic or Co-development PartnerParticipated in the nuclear power equipment and new energy industry chain 'afternoon tea' chat activity. Discussed how local enterprises can integrate into nuclear power industry, focusing on procurement needs, bidding conditions, and paths during project construction and operation maintenance services.
• National Nuclear Demonstration Power Station Co., Ltd.coreStrategic or Co-development PartnerParticipated in the nuclear power equipment and new energy industry chain activity. Focused on current procurement needs, bidding conditions, and paths for project construction and operation maintenance services in the nuclear power industry.
• Rongcheng Nuclear Power Equipment and New Energy Industry Chain Special ClasscoreStrategic or Co-development PartnerGovernment-organized industry chain coordination mechanism that provides matchmaking and normalized guidance services. Through this mechanism, Shidao Heavy Industry established long-term supply relationships with domestic nuclear power enterprises.
• Rongcheng Fangda Construction Co., Ltd.minorStrategic or Co-development PartnerLocal enterprise that participated in nuclear power industry chain activities. Believes local enterprises have ability to provide normalized service guarantees for nuclear power related supporting construction.

Scale indicators8 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Hangzhou Boiler Group: Chinese industrial boiler and pressure vessel maker with strengths in chemical processing equipment and waste-heat recovery. Comparable in scale and product scope, competing in coal-chemical, refining, and new-energy equipment segments.
• Dongfang Boiler Group: China's largest boiler and pressure vessel manufacturer, producing chemical processing reactors, hydrocracking/hydrorefining units, and petrochemical equipment. Direct competitor for the same Chinese refinery/petrochemical customer base that Shidao serves, with comparable ASME-certified product lines.
• Sinopec Engineering (Group) Co., Ltd. State-owned EPC contractor and equipment manufacturer serving Chinese refining, petrochemical, and coal-chemical projects. Competes for the same downstream reactor and tower orders from Chinese and Belt-and-Road refining customers.
• Shanghai Boiler Works: Subsidiary of Shanghai Electric focused on utility and industrial boilers, pressure vessels, and chemical processing equipment. Closely comparable to Shidao on product mix (reactors, heat exchangers, nuclear components) and serves overlapping petrochemical customers.
• CIMC Enric Holdings: Chinese leader in storage tanks, cryogenic equipment, and LPG/ammonia transport vessels. Direct overlap with Shidao's LPG bullet tank and large storage vessel product lines, and a likely competitor for international export projects in Africa and the Middle East.
• Harbin Boiler Co., Ltd. Major Chinese heavy-duty boiler and pressure vessel manufacturer supplying power plants and petrochemical customers. Competes head-to-head with Shidao for large-scale hydrocracking reactors, ammonia converters, and methanol synthesis towers across domestic refining and chemical clients.

Broad incumbents

• Taiyuan Heavy Industry Co., Ltd. Large Chinese state-owned heavy industrial manufacturer with diversified lines including metallurgical equipment, heavy forgings, and large pressure vessels. Overlaps with Shidao on ultra-large forging and heavy-vessel capabilities for petrochemical and energy customers.
• Babcock & Wilcox: Global US-headquartered manufacturer of steam generation, environmental, and industrial process equipment including boilers and pressure vessels. A relevant comparable for international scope and ASME-certified nuclear and refining capabilities.
• Larsen & Toubro (L&T) Heavy Engineering: Indian conglomerate with a heavy-engineering division manufacturing reactors, heat exchangers, and pressure vessels for refining, petrochemical, and nuclear customers globally. Relevant comparable for scale, certifications, and international export footprint.
• Doosan Enerbility: Korean heavy industrial manufacturer with established boiler, pressure vessel, and nuclear steam generator lines. Comparable in technical scope to Shidao's nuclear and petrochemical equipment, particularly for export projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taishan