WHAT WE DO?

Our mainly products were globe valve,angle valve,gate valve,SDNR valve,check valve,hose valve,storm valve,butterfly valve,air vent head,strainer tec, according to DIN,JIS,ANSI,API,BS,GB,CB,CBM,AS standard. Material is including cast iron,ductile iron,cast steel,cast bronze,forged brass,stainless steel,forge steel,and can be extensively used in marine,petroleum,chemical, metallurgical,electric power,architectural,agriculture field.

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WHAT WE DO?

OUR VALVE PACKING

We have our own packing worshop and workman to tailored packages according to the product.All of our valves were packing carefully by plywood cases,to avoid damage when transportation by air,by sea,or by courier.

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OUR VALVE PACKING

OUR STORAGE

Our warehouse area was more than 2000 square meters with large ex-stock valves including gate valves,globe valves,butterfly valves ,bronze vavles and air vent head,to meet the demand of customer's spot requirement.This make us save the time to prepare order and provide the customer faster delivery.

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OUR STORAGE

PRODUCT PROCESSING

We have more than 120 product processing staffs,including 24 senior engineers&12 R&D engineers,Moreover,We have well-working machining equipments and inpsection equipments for vavles.That make sure we could processing the high-quality valves.

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PRODUCT PROCESSING

SCHNIGGE Wants to Buy Rickmers Holding Bonds

2018-01-12 11:26:41

SCHNIGGE Wants to Buy Rickmers Holding Bonds
www.byvalves.com
Financially-troubled maritime services provider Rickmers Holding has received an offer from Germany’s securities trading bank SCHNIGGE Wertpapierhandelsbank SE related to the company’s bonds.
Specifically, the bank submitted a voluntary tender offer to buy up to EUR 35.5 million (USD 42.4 million) bonds of 8.875% Rickmers Holding at a price of 2% flat for each bond with EUR 1,000 nominal value.
As informed, the bonds are currently traded on the stock market. The stock market price is 2.55% flat.
SCHNIGGE made a tender offer to bondholders of Rickmers Holding on January 5, 2018. The offer will end on January 31, 2018.
In May 2017, the bank already made a tender offer to acquire Rickmers Holding bonds.
Rickmers Holding filed for insolvency in June 2017 after HSH Nordbank AG rejected further negotiations on the restructuring.
However, the company was allowed to continue its business after Zeaborn Group and Bertram Rickmers took over its global ship management activities.