July 28, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Shengkai Innovations, Inc. (NASDAQ: VALV), a ceramic valve manufacturer said it is conducting trial production at its newly established facility in Tianjin Airport Economic Area, which sits around seven miles away from Tianjin Binhai International Airport and 17 miles away from the firm’s current factory.

The construction of the new manufacturing facility, which is expected to replace the current factory in the Tianjin Jinnan Development Area, was completed in June 2010.

Since June, the company said it has been undergoing installation of equipment and machines, and trial production is being conducted prior to full-scale operation.

Upon full operation of the new facility, Shengkai said it expects to increase the total annual capacity to 24,000 units of ceramic valves, from current production capacity of 7,500 units.

Chen Wang, CEO of Shengkai, said, "With the new facility coming online, we expect our capacity bottleneck to be unlocked and in doing so we plan to quickly ramp up our production to meet rising demand, particularly from the oil and petrochemical sector.”

China-based Shengkai Innovations is engaged in the design, manufacture and sale of ceramic valves, high-tech ceramic materials and the provision of technical consultation and related services.

The company's industrial valve products are used by companies in the electric power, petrochemical, metallurgy, and environmental protection industries as alternatives to traditional metal valves.

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