In 2010, Tianjin-based Chinese steel pipe manufacturer Tianjin Pipe Corporation (Tianjin Pipe) increased its industrial output by 23.49 percent while its sales revenues rose by 42.12 percent, both compared to 2009.
In addition, during China's 11th five-year plan period (2006-10), Tianjin Pipe recorded an increase of 403.25 percent in its industrial output and rises of 454.93 percent and 251.08 percent in its sales revenue and pre-tax profit respectively, all compared to the 10th five-year plan period (2001-05).
Tianjin Pipe also stated that, through technological upgrades, it has significantly expanded its seamless pipe production capacity. In 2010, Tianjin Pipe's total production of premium connections rose by 873.14 percent year on year.