Petróleos Mexicanos or Pemex ( Mexican Petroleum) is a Mexican state-owned petroleum company. Pemex has a total asset worth of $415.75 billion, and is the world’s second largest non-publicly listed company by total market value, and Latin America’s second largest enterprise by annual revenue as of 2009. It has huge Valve and pipelines products need based on its scope both new project and exsisted Plant and transport line. The majority of its shares are non-publicly listed and under control of the Mexican government. The value of its publicly listed shares totalled $102 billion in 2010, representing approximately one quarter of the company’s total worth.Petroleos Mexicanos is the biggest company of Mexico and Latin America, and the most important fiscal contributor of the country.
It is of the few oil companies of the world that develops all the productive chain of the industry, from the exploration, to the distribution and commercialization of all the products.It has huge potential for valve sale markets.In kinds of reason, Pemex developed into one of the largest oil companies in the world and helped Mexico become the fifth-largest oil exporter in the world.
SGV has been supply series of valves for Pemex pipeline oil gas application . The valve include wedge gate valve included flexible wedge and solid wedge with class 150, class 300lb, 600lb, 900lb with carbon steel material, flange connection, size in3″, 4″ 6″,8″,12″, 20″ with medium: steam, water, oil. Some is Hard alloy stellite covered, some is 13 Cr seat. Swing check valve, in size 4″ ,6″,12″ 20″ in class 150lb, 300lb, 600lb, 900lb by carbon steel , alloy steel for water, and steam application. Together with these valves, counter flanges and bolts nuts gaskets all also supplied for some item. These valves and flanges, pipe assessarys are mainly used in Refinery of Mexico Pemex. Some of the valves might be stock for standby. These valve are manufacturered and designed by API standard, API600, API598 for inspection. The clients representive come to factory and inspected some item by random. The first lot passed site inspection and some were shipped and on the way to oveaseas.By this SGV establish stragety relationship with Lati american valve market.
In 2010, the average production of crude petroleum was located in two million 576 thousand barrels a day.
The Business Plan of Petroleos Mexicanos and its organisms in 2012-2016, is to define the course to fulfill and accomplish the mandate of value creation and reaching operative and financial viability in the medium and long term. From a careful examination of the present situation and the analysis of the surroundings, 14 objectives grouped in four action lines were identified: growth, operative efficiency, corporative responsibility and modernization of the management.