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Friday, April 04, 2008 5:53:45 PM
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aug. 25, 2005--TTCM China, Inc. (Pink Sheets:TTCH) developed a superior pipe for water systems, and swiftly captured 30% of the Chinese market. Now the company has perfected its patented pipes for use in oil and gas applications as well, broadening its market for pipes to at least double, according to Jiqun Wang, Chairman and President.
"The fast-rising demand for energy in China has created an energy industry need for technologically advanced pipes that is virtually unlimited. Add to that need, the requirements of the mushrooming international energy industry, and what TTCM China will serve, is a vast untapped market of huge profitability," Wang said.
TTCM's products for both water and oil & gas have attracted international attention from buyers and distributors in every part of the world, including, but not limited to, the United States.
The superiority of TTCM's glass-reinforced plastic pipe was the result of a decade of research and invention, harnessing new material and production technologies to the demand of the 21st century. The company revolutionized water systems with pipelines of high quality, long life cycle and efficiency. TTCM holds three patents on the pipe, and more are pending.
The pipe boasts smooth inner walls that offer minimal resistance to liquid flow, reducing the energy cost of transmission to a level much lower than concrete and metallic piping. TTCM's pipes receive benefits from the company's unique wet sand inclusion technique, which resolves any problems of gumming and pollution, and all other types of problems that may be present. Its Nanotechnology increases the pipe's strength and helps prevent the breeding of bacteria.
"TTCM'S technological inventions, in both material and production process, enable us to deliver superior products to our customers and ensure our solid market position in our space. Our product lines now can be used for much broader applications, such as gas lines and oil lines. We are committed to maintaining our technological advantage and competitive edge to allow us to grow in both vertical and horizontal markets," Wang said.
"This is just the beginning!" the TTCM president states.
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