Exports and development of large enterprises frac proppant provides a rare opportunity

From the international environment, first, the ongoing transfer of industries in Western countries, China is facing a good opportunity to become the world's manufacturing center. Second, the international oil fracturing proppant prices continued to rise, stimulating investors have the funds to invest in oil exploration and development and oil processing, the formation of a new round of oil investment peak surge in demand for frac proppant. Our frac proppant products cost-effective than some developed countries, has a comparative advantage. Third, the three major oil well fracking companies are vigorously implement the "going out" strategy to accelerate overseas business development, can stimulate domestic frac proppant into the international market. These are for export and development of large enterprises frac proppant provides a rare opportunity. However, the development of frac proppant industry is also facing serious challenges. With international oil prices continued to rise and continued tight supply of oil and gas, oil and gas exploration and development Resin coated frac sand investment continued to increase the pace of energy such as oil and gas pipeline infrastructure continues to accelerate, substantial growth in demand for ceramic proppants, which also attracted a large number Investors have entered, intensified market competition.