Petro-King to boost fivefold its annual capacity for making fracking tools

Termbray Petro-King Oilfield Services, which recently agreed to take over its tool- and equipment-making subsidiary in Singapore, plans to spend 300 million yuan (HK$379 million) in the next two years to quintuple its annual capacity in tools for fracturing rock formation

via Business feed http://www.scmp.com/business/companies/article/1362653/petro-king-boost-fivefold-its-annual-capacity-making-fracking