Shenghui is a well established company with a very professional organization that has been working with major foreign companies within the marine and petrochemical industry for many years.

Shenghui is a manufacturer of non-standard pressure vessels, spherical tanks, cryogenic steel structures and gas cargo plant systems – all used in the marine and petrochemical industry.

I.M. Skaugen has taken a 50% stake in the company as it is one of the few companies in China that can produce the marine gas cargo plant related equipment and components needed for our gas carriers.

Shenghui Gas & Chemical Systems (SGCS), - one of the few companies in China that can produce marine gas cargo-plant related equipment and components for gas carriers (the most critical part of any gas carrier newbuilding project). SGCS is an integral part of our marine construction business in China and our own new building program. SGCS has four distinct divisions; non-standard pressure tank, cryogenic tank, spherical tank division, and berth.

Production capacities in SGCS have doubled over the last year to 86,000 m2. Revenues have increased more than six times and EBIT has almost trebled since 2006.

For further information, please visit the Shenghui Gas and Chemical Systems website