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Shell Catalysts & Technologies has sold intellectual property assets and experienced personnel linked to its Environmental Catalysts and Systems (ECS) business to Lummus Technology supporting the continued growth of the environmental solutions unit. ECS provides advanced emissions-control systems for industrial applications helping customers reduce harmful pollutants and meet increasingly strict environmental regulations while maintaining operational performance. The business s portfolio includes DeNOx technologies designed to lower nitrogen oxide (NOx) emissions with certain solutions achieving emissions reduction rates of more than 98 99% for key pollutants. Shell Catalysts & Technologies developed ECS over more than 30 years expanding it into a global environmental technology provider serving more than 300 customers worldwide including Shell ass...
Read MoreAmpo Arabia has secured the largest single order in the history of its Dammam 2nd Industrial City manufacturing plant signing an agreement with international EPC contractor C.A.T. Group to locally manufacture up to 1 200 highly engineered valves. The valves will support Aramco s strategic Zuluf offshore oil field development one of Saudi Arabia s largest energy expansion projects. The agreement highlights C.A.T. Group s confidence in Ampo Arabia s local manufacturing capabilities and reinforces the company s role in delivering critical infrastructure for the Kingdom s energy sector. The project aligns with Aramco s In-Kingdom Total Value Add (IKTVA) programme and Saudi Vision 2030 which aim to boost local manufacturing and industrial diversification. Located about 40 kilometres off Saudi Arabia s n...
Read MoreLeading Spanish group Ampo Poyam Valves said it has been selected to supply 180 highly engineered large-size gate valves including 148 cryogenic service gate valves for the Riyas natural gas liquids (NGL) Fractionation Trains project in Saudi Arabia. A major project of Saudi oil giant Aramco the Riyas NGL facility is under development in Jubail Eastern Province as part of the second phase of the Jafurah unconventional gas field development which is considered the largest unconventional gas field in the Middle East. The project forms a key component of Aramco s strategy to expand its natural gas production and processing capabilities and diversify the kingdom s energy portfolio. The development of the facility is also expected to support the broader growth of Saudi Arabia s gas and downstream industries. Once operational the facility will process natural gas liquids received from the Jafurah field through two parallel fractionation trains each designed with ...
Read MoreAmpo Poyam Valves has been selected to supply 180 large-sized engineered gate valves including 148 cryogenic service gate valves for Saudi Aramco s Riyas NGL Fractionation Trains project in Jubail Saudi Arabia. The EPC contract for the project was awarded to Spanish engineering firm Técnicas Reunidas. The facility part of the second phase of the Jafurah unconventional gas field development will process natural gas liquids through two fractionation trains each with a capacity of 255 000 barrels per day producing ethane propane butane and pentane. The project supports Aramco s strategy to expand gas production and diversify its energy portfolio. Ampo will provide valves in sizes up to 68 inches for general services and up to 64 inches and 600lbs for cryogenic applications marking one of the company s most tec...
Read MoreArabian Pipes Company (APC) has announced that it has secured a key contract worth SAR68 million ( 18.1 million)from Saudi oil giant Aramco for the manufacturing coating and supply of steel pipes for one of its projects. One of the kingdom s leading steel pipe manufacturers Arabian Pipes supplies welded steel pipes for the oil gas water and infrastructure sectors. The company has been involved in several major energy and utility projects across the kingdom and the wider region. The entire work will be completed within a eight-month period said Arabian Pipes Company in its filing to Saudi bourse Tadawul. The financial impact is expected to be reflected in the company s results during the fourth quarter of 2026 and the first quarter of 2027 it added. -TradeArabia News Service ...
Read MoreAmpo Poyam Valves has secured multiple contracts to supply around 15 000 engineered valves for the first five liquefaction trains of the Rio Grande LNG Project in Texas one of the world s largest LNG export facilities under construction. Developed by NextDecade and built by Bechtel the project will have a planned capacity of 48 million tonnes per annum across eight LNG trains. Ampo said most valves for Trains 1 3 have already been delivered with Train 4 deliveries due to begin in mid-July 2026 and Train 5 in early 2027. The company is also providing technical support and field services for the project. OGN /TradeArabia News Service ...
Read MoreFlowserve Corporation (FLS) a provider of flow control products and services has completed its all-cash acquisition of Trillium Flow Technologies Valves Division (TVD) for 490 million plus working capital adjustments. TVD is a leading manufacturer of highly engineered mission-critical valves and flow control equipment used in nuclear and traditional power generation industrial and critical infrastructure sectors. With nearly 200 years of engineering heritage TVD serves a diverse global customer base across high-growth end markets. The acquisition strengthens Flowserve s position by expanding its product portfolio particularly in specialised valve and actuation technologies. It also enhances the company s capabilities in power and nuclear applications while adding scalable service offerings. /p...
Read MoreAmpo Poyam Valves will supply 85 high-pressure on-off ball valves for two upgrade projects at the Karachaganak Field in Kazakhstan operated by Karachaganak Petroleum Operating. The valves will support gas reinjection compressor upgrades and trunkline expansion works aimed at ensuring safe and reliable operation of critical gas handling systems. The Karachaganak Field near Aksai is one of the world s largest gas and condensate assets and remains a key regional energy hub. The scope includes manual and pneumatically actuated valves designed for demanding service conditions including sour gas environments containing hydrogen sulfide and carbon dioxide. Manufacturing will be carried out at Ampo s Kazakhstan facility in Atyrau reinforcing the company s local production and service capabilities. ...
Read MoreArabian Pipes Company (APC) has announced the signing of a contract with Saudi Aramco for the manufacturing and supply of steel pipes with a total value of around SR48 million ( 12.83 million). The company said the contract was signed on May 20 and will run for a period of eight months. The financial impact of the agreement is expected to be reflected during the fourth quarter of 2026 and the first quarter of 2027 according to an APC filing at Saudi Stock Exchange. Arabian Pipes Company (APC) one of Saudi Arabia s leading steel pipe manufacturers supplies welded steel pipes for the oil gas wate...
Read MoreUK based valve and actuation specialist BEL Valves has announced its first Carbon Capture Utilisation and Storage (CCUS) win in a multi-million-pound contract that will see the company supply to Indonesia s first Carbon Capture Utilisation and Storage project. BEL Valves part of the British Engines Group will supply the facility with a range of manual and motor operated API 6D expanding gate valves ranging from 8 to 24 nominal size and pressure rated to class 1500. The valves will be suitable for low temperature gas service along with low fugitive emissions. The CCUS project forms part of an at scale Indonesian energy development focused on capturing three trillion cubic feet of natural gas and with the potential to isolate 15million tonnes of CO from emissions in its initial phase. The project is BEL Valves first CCUS p...
Read MoreKetjen Corporation a leader in catalyst and specialty chemicals innovation based in Houston US and Saudi Aramco Technologies Company (SATC) a subsidiary of Aramco have entered into a Joint Development Agreement (JDA) to co-develop test and deploy next-generation Fluid Catalytic Cracking (FCC) catalysts and additives. The collaboration is designed to help elevate the performance of Aramco s refineries and affiliates by potentially optimizing product yields and reducing environmental impact. This agreement brings together the technical expertise research capabilities and innovative ecosystems of both organizations. Through close collaboration SATC and Ketjen will aim to help accelerate the development of proprietary FCC catalysts and additives. These advancements are expected to support enhancing refinery performance by increasing yield of high-value products such as gasoline and propylene while helping to lower the environmental footprint of A...
Read MoreClariant has announced a strategic collaboration with Vertimass to accelerate the development and commercialisation of advanced zeolite catalysts for the catalytic conversion of biobased alcohols using Vertimass Consolidated Alcohols Deoxygenation and Oligomerisation (CADO) process. The partnership combines Vertimass innovative technology with Clariant s six decades of expertise in zeolite catalyst development to advance sustainable chemical processing. Under the collaboration Clariant will provide technical support to scale Vertimass technology to commercial production. This includes catalyst development expertise industrial scale-up guidance provision of catalyst samples for testing detailed characterisation services and ongoing consultation from Clariant s zeolite experts. Vertimass CADO technology enables the conversion of sustainable methanol ethanol and other alcohols into liquid fuels compatible with existing vehicles and aircraf...
Read MoreAmpo Service has supplied high-rating large-sized MRO valves for Aramco s maintenance refurbishment and upgrade projects across its refineries and pipelines demonstrating its capability to deliver tailored solutions for sour service under stringent specifications. The order includes 46 -600# 40 -600# and 30 -600# ball valves along with 6 -900# gate valves many featuring INC625 weld overlay. These valves are engineered to operate safely and reliably under Aramco s demanding conditions meeting SAMSS and IOGP standards. Ampo s advanced engineering in-house production and weld overlay capabilities combined with a local presence in Saudi Arabia enable close collaboration with Aramco s teams ensuring on-time delivery and full compliance. -OGN /TradeArabia News Service ...
Read MoreFlowserve a provider of flow control products and services for infrastructure markets has signed a definitive agreement to acquire Trillium Flow Technologies Valves Division (TVD) for 490 million in cash. TVD provides engineered mission-critical valves used in nuclear and traditional power generation industrial and critical infrastructure applications. The Transaction is expected to close mid-year 2026. The acquisition will expand Flowserve s reach in both conventional and emerging markets by integrating TVD s highly speciali s ed valve and actuation product portfolio differentiated power and nuclear technology and scalable service offerings. TVD s products and capabilities are highly complementary to our portfolio and will enhance our ab...
Read MoreAmpo Poyam Valves has supplied a wide range of critical cryogenic valves for the Caofeidian Xintian LNG Receiving Terminal one of the key projects within China s national natural gas production supply storage and transportation system. The terminal is located in Caofeidian District Tangshan City Hebei Province and has a designed annual LNG unloading capacity of 12 million ton ne s. Developed in three construction phases the facility will be equipped with 20 LNG storage tanks each with a capacity of 200 000 cubic meters. The project s EPC contractors are CNOEC for Phase 1 and HQC for Phases 2 and 3 while the end user is Hebei Gas a government-owned company. Ampo Poyam Valves has delivered valves for all three phases of the project betwee...
Read MoreAmpo Poyam Valves has supplied several highly engineered axial flow check valves for two major FPSO projects on the Brazilian coast: the P-84 (Atapu) and P-85 (Sépia) vessel platforms. These installations form part of Petrobras ongoing offshore development in the Atapu and Sépia regions. Each platform will have a daily oil production capacity of 225 000 barrels and a gas processing capacity of 10 million cubic meters. The valves eight 20-inch 150# axial flow check valves made of Duplex material have been installed downstream of critical pumps. Their main function is to protect the pumps against reverse pressure in the pipeline ensuring operational safety and reliability in challenging marine environments. All valves were certified by ABS meeting stringent offshore standards....
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has obtained approval from the company s board of directors for the establishment of a new external steel pipe coating line in Dammam. The move is aimed at doubling the current nominal production capacity at the plant located in the Second Industrial City from 4 million sq m to 8 million sq m per year said East Pipes in its filing to Saudi bourse Tadawul. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes has today become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The new coating line is being set up at an investment of SAR78.5 million ( 21 million) it stated. Work on the project will start next month and is due for completion by first quarter of the fiscal year 2027 2028. The entire project will be funded throug...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured a contract worth SAR485 million ( 129 million) from the Saudi Water Authority for the manufacture and supply of steel pipes. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes has today become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The entire contract work will be completed within a six-month period stated East Pipes in its filing to the Saudi bourse Tadawul. East Pipes said the financial impact of the contract will be reflected in the Q4 of financial year 2025/2026 and Q1 of financial year 2026/2027. This comes close on the heels of its SAR40 million contract win from Abdullah Ibrahim Alsayegh & Sons in June. As part of the deal it will be responsible for manufacture and supply of steel pipes...
Read MoreAmpo Poyam Valves is a key player in the Marjan Increment Programme supplying over 4 000 highly engineered valves for Aramco in Saudi Arabia s Tanajib Gas Plant Project PK 9&11 led by Tecnicas Reunidas (EPC). Located in the Eastern Province of Saudi Arabia the programme is part of Aramco s long-term strategy to boost production capacity while significantly reducing the carbon intensity of crude oil targeting as low as 10 gr CO eq per barrel. With a design capacity of 2.5 BSCFD of gas and 85 MBCD of condensate from the Marjan Safaniyah and Zuluf fields the project is a cornerstone in ensuring reliable energy supply while supporting decarbonization goals. As part of this ambitious development Ampo Poyam Valves is supplying more than 4 000 highly engineered valves including cryogenic and non-cryogenic ball gate globe and check valves in sizes ranging fr...
Read MoreShell Catalysts & Technologies and Technip Energies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell s Cansolv CO Capture System. The alliance combines the leading US group s technology expertise with Technip Energies integration and project delivery excellence said a statement from Shell Catalysts & Technologies. The parties have agreed to work exclusively together to jointly offer an enhanced complementary solution in post-combustion carbon capture space aiming to deliver maximum value to customers it stated. Together Shell Catalysts & Technologies and Technip Energies believe that this is the best model to make carbon capture more investable scalable and accessible for industrial sectors - helping customers to decarbonise. /di...
Read MoreAMPO POYAM VALVES has been selected to supply highly engineered cryogenic valves for the Maximising Ethane Recovery and Monetisation (MERAM) project one of Adnoc s major strategic initiatives aimed at boosting the recovery of ethane from gas and enable its monetisation. The project awarded to the joint venture between Técnicas Reunidas and National Petroleum Construction Company (NPCC) will be executed in the United Arab Emirates with the main facilities located at the Habshan 5 gas processing plant in Abu Dhabi. With an investment of 3.6 billion MERAM is set to become a key pillar in Adnoc s long-term strategy to enhance ethane recovery and support the country s industrial growth. As part of this ambitious project AMPO will deliver a total of 116 cryogenic valves in 2025 and 2026 including 68 valves larger than 12 and 48 valves smaller than 12 with some valves reac...
Read MoreOliver Valves and Oliver Twinsafe have signed an exclusive agency agreement with Abdul Rahman Ali Al Turki Company (ATCO) marking a strategic partnership with Saudi Arabia. The agreement was formalised at ATCO s Dammam headquarters attended by senior representatives from both organisations. The signing was witnessed by Chairman Ziad Al Turki and Director Adnan Iqbal. Oliver Valves Group representatives included Trevor Spencer Managing Director Anurag Srivastava General Manager Middle East and Mohammed Aleemullah Business Development Manager. The partnership reflects Oliver Valves continued commitment to bringing British engineering excellence to key global markets. Trevor Spencer commented: Saudi Arabia remains one of the most vital markets in our global strategy. This exclusive agreement with ATCO represents a major step forwa...
Read MoreSaudi Vitrified Clay Pipes Company has announced that it has sealed an agreement with WeOne General Contracting Company for the construction of a high-density polyethylene corrugated and spiral pipe factory. The new Laffan Pipe Factory will be competed within a nine-month period said the company in its filing to Saudi bourse Tadawul. As per the SAR16.6 million ( 4.42 million) contract WeOne will be responsible for carrying out infrastructure works as well as implementing the project and administrative follow-up of all other related services until the project is ready for the installation of factory machinery and equipment. The financial impact of the project will appear during the first quarter of 2025 it added.- TradeArabia News Service ...
Read MoreEast Pipes Integrated Company has announced that it has secured contracts from Saudi Real Estate Infrastructure Company (Binyah) and Al Rashid Trading and Contracting Company for supply of steel pipes and coating applications for its projects. Founded in 2010 in Dammam in the kingdom s Eastern Province East Pipes Integrated Company has now become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. As per the SAR57 million ( 15 million) contract work will be completed within a 7-month period stated East Pipes in its filing to the Saudi bourse Tadawul. The financial impact of the contract will be reflected in the first and second quarters Q2 of financial year 2025/2026. -TradeArabia News Service&nb...
Read MoreRitmonio a leader in safety valves metal components and bathroom fittings will showcase its Factory Division at the upcoming BIG 5 Dubai event. Specialising in the manufacture of safety valves designed to prevent overpressure and a range of industrial components Ritmonio s Factory Division serves diverse sectors including heating refrigeration automotive and sanitary industries. Renowned for excellence Ritmonio valves are highly valued for their reliability and safety blending advanced technology with premium materials to deliver superior performance. These valves safeguard devices from overpressure and ensure consistent functionality even under intensive use. By participating in BIG 5 Dubai Ritmonio aims to further solidify its status as an industry benchmark. The quality of its safety valves used by top manufacturers of electric water heaters reflects ongoing i...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured multiple supply contracts worth SAR235 million ( 62.5 million) from Esnad Al Turuq for General Contracting. As per the deal the company will manufacture and supply the steel pipes and coat them to Esnad Al Turuq with a two-year period said East Pipes Integrated Company for Industry in its filing to Saudi bourse Tadawul. Founded in 2010 in Dammam in the kingdom s Eastern Province East Pipes Integrated Company has become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The financial impact of the contract is expected to be materialised in Q4 of FY 2024/2025 to Q3 of FY 2026/2027.- TradeArabia News Service /s...
Read MoreArabian Pipes Company a key manufacturer of welded steel pipes for oil and gas sector has announced that it has secured a contract worth SAR293 million ( 78 million) from Denys Arabia a leading player in the onshore pipeline construction activities for one of its projects. Arabian Pipes is a leading manufacturer of welded steel pipes for oil and gas sector as well as for structural and commercial utilisation with sizes range from 6 to 48 inch. It owns and operates two factories in the kingdom that has a total average capacity to 460 000 tonne per year. Under this deal will Arabian Pipes Company will supply steel pipes to Denys Arabia for its Jafurah Pipelines Phase II project said the company in its filing to the Saudi bourse Tadawul. The entire contract will be completed within a 10-month period it stated. di...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured contracts worth SAR1.65 billion ( 440 million) from Saudi energy giant Aramco for the manufacture and supply of steel pipes for key projects in the kingdom. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes has today become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The entire contract work will be completed within 19 months stated East Pipes in its filing to the Saudi bourse Tadawul. The financial impact of the contract will be reflected from Q4 of financial year 2024/2025 to Q4 of 2025/2026 it stated. The big contract win for East Pipes Integrated Company comes just days after it had ...
Read MoreL&T Valves is one of the largest suppliers of on-off valves to Saudi Arabia and opening of the new facility marks a significant milestone and the beginning of a new era for world-class Made-in-KSA flow-control solutions catering to the energy and allied sectors. It aligns with the Saudi Vision 2030 and the iktva initiative actively supporting local value-chain creation and fostering skill development programmes. The new facility L&T Valves Arabia Manufacturing is strategically located at Al Jubail off the Dammam-Abu Hadriyah Highway in the kingdom. It boasts key systems and processes certified to meet the stringent requirements of ISO 9001 (Quality Management Systems) ISO 14001 (Environmental Management Systems) and ISO 45001 (Occupational Health and Safety Management Systems). Additionally the entity is authori...
Read MoreSaudi-based Al Yamamah Steel Industries Company has announced that it has begun commercial production at its newly-expanded pipe factory in Jeddah. This comes following the completion of the first phase of the expansion plan for the factory. A leading player in the region Yamamah Steel is engaged in the production and sale of steel welded tubes steel sheets steel reinforcement bars and space frames to serve the buildings and infrastructure sector. As per the company s annual board report the operation of the first phase of the expansion of Jeddah Pipes factory would begin in the second quarter of FY 2024 said Al Yamamah Steel Industries in its filing to the Saudi bourse Tadawul. The expanded Jeddah Pipes factory has started commercial production this month it stated. On the financial impact Al Yamamah Steel Industries said it is expected ...
Read MoreEast Pipes Integrated Company for Industry KSA s leading maker of helical submerged arc welded (HSAW) pipes has seen its nine-month (9M) FY24 net profit after zakat and income tax rise to SR88 million ( 23.5 million) a 40% YoY rise. Net profit jumped to SR86 million in 3Q-FY24 thus increasing 80% YoY (2Q-FY24: SR21 million; 3Q-FY23: SR48 million) as a result of a sustained rise in average sales prices as well as enhanced margins. For 9M-FY24 ending December 31 2023 net profit amounted to SR88 million compared to SR63 million in 9M-FY23. Revenues amounted to SR552 million in 3Q-FY24 thus increasing 140% from last quarter due to the impact of a rise in average sales prices which increased 13% YoY (2Q-FY24: SR230 million; 3Q-FY23: SR487 million). For 9M-FY24 revenues amounted to SR821 million decreasing 18% YoY primarily due to an increase in average sales price despite a decline in volumes in...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured a contract worth SAR153 million ( 42 million) from Saudi energy giant Aramco for the manufacture and supply of steel pipes for key projects in the kingdom. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes has today become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The entire contract work will be completed within a 8-month period stated East Pipes in its filing to the Saudi bourse Tadawul. The financial impact of the contract will be reflected in the first two quarters of FY 2024/2025. This comes close on the heels of its big contract win from Aramco worth SAR1.8 billion in May and the ...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured a contract worth SAR440 million ( 117.2 million) from Saudi energy giant Aramco for the manufacture and supply of steel pipes for key projects in the kingdom. Founded in 2010 in Dammam in the kingdom s Eastern Province East Pipes Integrated Company has now become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The entire contract work will be completed within a 13-month period stated East Pipes in its filing to the Saudi bourse Tadawul. The financial impact of the contract will be reflected in second and third quarters of financial year 2024/2025. In May East Pipes had clin...
Read MoreSaudi Plastic Products Company (Sappco) has announced that it has secured a major contract to supply high-density polyethylene (HDPE) pipes for a SR1.6 billion ( 426 million) sea water cooling project in the kingdom s Jazan region. A major plastic pipe producer in Saudi Arabia Sappco said this comes following the deal signed earlier with China Harbour Engineering Company (CHEC) for supply of its innovative large diameter technology HDPE pipes to the site of a significant sea water cooling project. The contract awarded by the Royal Commission for Jubail and Yanbu (RCJY) is a considerable step forward in the development of the Jazan City for Primary and Downstream Industries (JCPDI) it stated. Sappco Group is honoured to be a part of this mega project and is proud to be working with valued partners to ensure project success and as part of its contribution to Kingdom&rs...
Read MoreSaudi oil giant Aramco has awarded contracts worth SR604 million ( 161 million) to two major local firms - Saudi Steel Pipe Company (SSP) and Arabian Pipes Company - for supply of steel pipes for its projects in the kingdom. SSP is one of the leading steel pipe manufacturers in the region (galvanised and non-galvanised steel pipes and square and rectangular pipes). It has a leading market share in Saudi Arabia and has over 28 years of operating experience in the steel pipe industry. As per the contract worth SR301.9 million ( 80.4 million) awarded to SSP it will supply oil and gas tubing to Aramco within a period of 12 months. The financial impact of this order is expected to materialise in the first and second quarter results of 2024 said the key pipe manufacturer in its filing to Saudi bourse Tadawul. ...
Read MoreEast Pipes Integrated Company for Industry a top manufacturer of helical submerged arc welded (HSAW) pipes in Saudi Arabia has posted a net loss of SR19 million ( 5.06 million) for its first-quarter (Q1) ending June 30 2023. But the company has won a significant contract award of over SR1.8 billion from Saudi Aramco for the manufacture and supply of steel pipes. The financial impact of this contract will be reflected in Q3 and Q4-FY24 and Q1-FY25. Revenues of SR39 million decreased 81% YoY (Q1-FY23: SR206 million) although production activities are progressing well but in line with the delivery schedules of some projects the associated revenues fell short this quarter and inventories increased from SR65 million as of March 31 2023 to SR209 million as of June 30 2023. EBITDA loss amounted to SR5 million compared to an EBITDA of SR18 million in Q1-FY...
Read MoreSaudi Arabia s Ministry of Environment Water and Agriculture has begun laying out 1 350 km of water pipes across the capital city as part of the Green Riyadh programme reported SPA. This comes as part of its efforts to carry 1.7 million cu m of treated water daily to irrigate 7.5 million trees in the city. The aim is to achieve sustainable green spaces for the Green Riyadh projects and other development projects in the city stated the report. The diameter of the primary pipes ranges from 1.2 to 2.4 m; secondary networks reach all Riyadh neighbourhoods. Latest technologies and practices are being implemented to speed up work in the busy capital without affecting traffic in the city. Among those being adopted is control and monitoring of the water networks remotely. A technica...
Read MoreDubai Electricity and Water Authority s (Dewa) research centre has innovated an advanced smart facility to simulate various leakage cases of water transmission pipelines. The facility includes smart transmission pipes equipped with sensors to monitor hydraulic indicators collect data on water pressure flow and temperature and control an IoT platform that stores data. This data is used to train Machine Learning models to detect leakage events. According to Dewa this allows evaluation development and testing of new leak detection techniques. The centre developed the facility using software and hardware based on the concept of the Internet of Things (IoT) which allows for complete remote monitoring and control of the facility. The facility includes smart transmission pipes equipped with sensors to monitor hydraulic i...
Read MoreCardiologists will discuss the latest heart problems and injuries as well as address complex cases in the treatment of mitral valve disease at the second medical educational valve programme organised by the Gulf Intervention Society (GIS). The event from June 2 to 3 at Conrad Hotel Dubai will discuss the latest developments related to heart valves diseases in the presence of a group of experts and a number of specialists from Mena region and worldwide. Organised by the ICOM group the event will see attendees welcomed by the GIS Board which forms part of the Gulf Heart Association including Dr Fawaz Almutairi president of the Gulf Intervention Society and Consultant Interventional Cardiologist King Abdulaziz Cardiac Centre National Guard Hospital Riyadh vice-president of the society Dr Abdullah Shehab Professor of cardiology from the UAE the Secretary General of the Society Gen...
Read MoreEast Pipes Integrated Company for Industry the top maker of helical submerged arc welded (HSAW) pipes in KSA has made a turnaround posting a net profit of SR100 million ( 26.66 million) for the fiscal year ended March 31 2023. This is compared to a to a net loss of SR3 million made in FY22. The remarkable recovery is attributed to a substantial improvement in project activity with the outlook for both the water and oil and gas sectors in the kingdom being quite promising. The company s revenues of SR1.44 billion increased 141% YoY (FY22: SR597 million) due to the dual impact of a rising trend in sales volumes and improved average sales prices supported by a robust recovery in demand. EBITDA rises 312pc EBITDA of SR161 million increased 312% YoY from SR39 million in FY22 which is primarily dr...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured a contract worth over SR1.8 billion ( 480 million) from global oil major Aramco to manufacture and supply steel pipes for its key project in the kingdom. Founded in 2010 in Dammam in the kingdom s Eastern Province East Pipes Integrated Company has now become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The entire contract work will be completed within a 12-month period stated East Pipes in its filing to the Saudi bourse Tadawul. The financial impact of the contract will be reflected in the third and fourth quarters of the current financial year 2023/2024 as well as first quarter of FY 2024/2025 it adde...
Read MoreUS-based corrosion specialist Cortec Corporation has offered a guide to achieve successful preservation during the three main phases of a valve s non-operational life-cycle in the oil and gas industry. Before a pipeline or plant starts operating thousands of components must be fabricated assembled and shipped to the construction site. Valves must be hydrostatically tested by the valve manufacturer to ensure no leaks a Cortec release said. Hydrotesting of valves and components may also be done at coastal fabrication yards where components are assembled into modules and often shipped overseas halfway around the world. Adding VpCI-649 to the hydrotest water does dual duty by protecting against flash rust from the hydrotest water and leaving behind a thin film of corrosion inhibitors that provide both contact and vapour-phase protection. This offers comprehensive coverage that is typically difficult to achi...
Read MoreSaudi-based East Pipes Integrated Company for Industry (East Pipes) has reported robust improvement in profitability for the nine months period ended 31 December 2022 with its revenue surging to hit SR996 million ( 265.12 million) up 147% over the previous year mainly driven by underlying demand and continued strength in its backlog. Announcing its financial results for the third quarter and nine-month period ended 31 December 2022 East Pipes said the remarkable improvement in profit was mainly due to the solid top-line performance which has outweighed the impact of rising financial charges. For nine-month period ended December 31 2022 the Saudi group has registered a net profit of SR63 million compared to a net loss of SR18 million the year before. The cash and cash equivalents increased 4% YTD to SR77 million (31 March 2022: SR74 million) while total borrowings incr...
Read MoreSaudi-based East Pipes Integrated Company for Industry has announced that it has secured multiple contracts worth SR373 million ( 99.3 million) from Neom the developer of Saudi futuristic city for its water project within the mega development. Under this East Pipes Integrated will complete the supplying of its steel pipes to Neom within one year stated the company in its filing to Saudi bourse Tadawul. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes Integrated Company has become a major manufacturer of spiral steel pipes. It presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The Saudi company had reported a 88% growth in its revenue for the first six months ended September 30 2022 which soared to SR509 million...
Read MoreSaudi-based East Pipes Integrated Company has reported a 88% growth in its revenue for the first half of FY23 which soared to SR509 million ( 82.4 million) mainly driven by a robust topline performance as a result of an increase in sales volumes. Announcing the financial highlights for the first six months ended September 30 2023 the leading manufacturer of helical submerged arc welded (HSAW) pipes said its gross profit increased 65% y-o-y to SR15 million over the previous year s figure of SR9 million primarily due to a pickup in sales volumes and average realized sales prices compared to last year. Its long-standing and strong relationships with key suppliers across the globe have positioned the company to successfully execute its backlog. Ebitda increased 10% QoQ and 154% y-o-y to SR20 million (1Q-FY23: 18 million; 2Q-FY22: SR8 million) essentially attributed...
Read MoreSaudi-based Arabian Pipes Company has announced that it has been awarded a key supply contract by McDermott a premier fully-integrated provider of engineering and construction solutions to the energy industry for one of its key project works in the region. Arabian Pipes is a leading manufacturer of welded steel pipes for oil and gas sector as well as for structural and commercial utilisation with sizes range from 6 to 48 inch. It owns and operates two factories in the kingdom that has a total average capacity to 460 000 tonne per year. The order worth SR450 million ( 120 million) was placed by the group s Saudi unit - McDermott Arabia Company Limited -headquartered in Al Khobar said Arabian Pipes Company in its filing to the Saudi bourse Tadawul. The delivery of these steel pipes will be fully competed in a 12-month period it stated. ...
Read MoreAMPO Poyam Valves a world leader in engineering valves has officially opened its new valve manufacturing and servicing plant AMPO Arabia in Dammam 2nd Industrial City. Covering 5 000 sq m of area the factory will offer valve assembly testing painting and servicing facilities. It also supports AMPO s commitment to the Kingdom s Vision 2030 and the In-Kingdom Total Value Add (IKTVA) local content programme. The inauguration ceremony was attended by Jorge Hevia Ambassador of Spain Hatim Zaher Ministry of Investment of Saudi Arabia Bader Al Reziza Chairman of the Board of the Eastern Chamber of Commerce local partner Dar Massader together with representatives of companies such as Aramco NPCC Modon CAT Contracting Nesma RTCC Petronash SWCC KBR SADC NWWC AHQ Zeeco WE Energy and Saudi Mechanical Industries amongst others. ...
Read MoreArabian Pipes Company has announced that it has been awarded a SR155 million ( 41.2 million) contract by Saudi oil giant Aramco to supply steel pipes for one of its key projects in the kingdom. Arabian Pipes is a leading manufacturer of welded steel pipes for oil and gas sector as well as for structural and commercial utilisation with sizes range from 6 to 48 inch. It owns and operates two factories in the kingdom that has a total average capacity to 460 000 tonne per year. The first plant in Riyadh manufacturing ERW pipes has a 160 000 tonne per year capacity while the second in Jubail industrial city manufacturing LSAW pipes has an average capacity of 300 000 tonne per year. As per the deal the entire supply of pipes will be completed within 15 months said Arabian Pipes Company in its filing to Saudi bourse Tadawul. &nb...
Read MoreDespite the current difficult global political environment the German industrial valves sector has made a good start to 2022. Domestic business increased by 4 per cent in the first half of the year. Foreign sales even increased by a strong 17 per cent. Overall sales in the first six months were 12 per cent higher than in the same period of the previous year. Even though the general conditions are anything but favorable in view of the war in Ukraine and the ongoing supply and material bottlenecks the valve industry has so far been able to decouple itself from the weakening economy says Wolfgang Burchard Managing Director of the VDMA Valves Association assessing the current situation. Part of the growth is due to the backlog of orders from last year which is gradually being reduced. However German valve manufacturers are often doing well even in challenging times thanks to their broad...
Read MoreSaudi-based East Pipes Integrated Company for Industry said it has been awarded a SR490 million ( 130.4 million) contract by Saline Water Conversion Corporation (SWCC) to supply steel pipes for one of its key water transmission projects. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes Integrated Company is a leading manufacturer of helical submerged arc welded (HSAW) pipes. The contract win comes close on the heels of a similar order from SWCC worth SR497 million ( 132 million) for supply of its spiral steel pipes for a key project in the kingdom said East Pipes Integrated Company in its filing to Saudi bourse Tadawul. The financial impact of this contract is expected to be materialised in the fiscal year 2022 - 2023 it stated. The contract term is 365 days and it includes the manufacture and supply of stee...
Read MoreKKC Industries (iCOOL) a Chinese manufacturer of heating ventilation and air conditioning (HVAC) products has launched a 10.7 million manufacturing facility in Bahrain. Through its operations in Bahrain iCOOL will produce and export air conditioning insulation pipes to the Middle East US and European markets utilising Bahrain s strategic location and duty free trade through its free trade agreements (FTAs) with 22 countries around the world including the first US FTA with a GCC member. As an HVAC manufacturer iCOOL serves customers from 130 countries with an annual revenue of 420 million. Approximately 80% of the machinery used by iCOOL is designed and developed by the company which allows iCool to operate at 10% higher capacity than its peers said a statement. Gary Xu General Manager at iCOOL-Bahrain commented: With two decades of experience iCOOL continues to ...
Read MoreL&T Valves a wholly-owned subsidiary of India s top engineering and construction conglomerate L&T and one of the largest valve manufacturers in the world has appointed Venkatesh Suryanarayanan as the Global Head of Sales. An industry veteran Suryanarayanan has three decades of experience in the flow-control domain covering sales product management and manufacturing. He started his career with the L&T Group in valve manufacturing and later moved to international sales where he handled various responsible across geographies said the statement from L&T Valves. He also played a key role in setting up a valve manufacturing facility in China. He was previously with Emerson Process Management as Director - Business Development (APAC) it added. On his appointment Suryanarayanan said: This is a homecoming for me ...
Read MoreSaudi-based East Pipes Integrated Company for Industry has secured a major contract from Saline Water Conversion Corporation (SWCC) for its upcoming water projects. As per the SR497 million ( 132 million) contract East Pipes Integrated Company will complete the supplying of its spiral steel pipes to SWCC within one year stated the company in its filing to Saudi bourse Tadawul. Founded in 2010 at Dammam in the kingdom s Eastern Province East Pipes Integrated Company has become a major manufacturer of spiral steel pipes. The company presently offers helical submerged arc welded (HSAW) pipes used in transport water oil and gas and other sectors to customers worldwide. The financial impact of the contract is expected to be materialized in the fiscal year 2022 - 2023 it added. ...
Read MoreAmpo Poyam Valves has recently signed a Corporate Procurement Agreement (CPA) with Aramco covering partnership on the development and supply of highly engineered valves as well as ad-hoc and highly added value services. The deal also provides for rendering technical support in start-up stages commissioning engineered solutions equipment selection preventive and predictive maintenance troubleshooting and training. Further this partnership will support technology joint-development of new solutions relevant to Aramco s operational needs. Ampo Poyam Valves through its new local manufacturing and servicing plant Ampo Arabia will help Aramco in its local content programme becoming a key industry player and providing highly engineered gate globe check ball butterfly lift plug switch plug and angle valves and Integrated Smart Solutions to the world leading company. &nbs...
Read MoreMiddle Eastern companies looking to increase exports are gearing up for the world s leading twin trade fair Wire and Tube 2022 at a time when the global market for wires and cables is seen growing to over 420 billion by 2026. The fair will be organised by Messe Dusseldorf at Dusseldorf Germany from May 9 to 13. We are seeing a new robustness in the participation of companies at the show this year indicating anticipation of a growth surge in this sector. We are honoured that our regional exhibitors include the Ducab Metals Business (DMB) part of the UAE s homegrown global leader Ducab said Daniel Ryfisch Project Director Messe Dusseldorf. Addressing a press conference along with Mohamed Al Ahmedi CEO Ducab Metals Business Ryfisch said 148 companies from the Middle East region are taking part at the world s leading exhibitions for wire c...
Read MoreValvitalia an international group active in the production of equipment for energy marine and civil industries has secured a contract from top energy infrastructure company Snam for its debut supply in Europe of hydrogen-ready valves for gas transport networks. These valves will be manufactured in compliance with Snam s technical specifications with design functionality and testing parameters in line with the international standard ASME B31.12 for the transport of hydrogen in pipelines said a statement from Valvitalia. For this reason each valve will be subject to an additional high-pressure test with helium instead of air in order to verify its internal and external tightness with a lower density gas it stated. On the contract win CEO Ugo Vinti said: We are proud to extend our collaboration with Snam Group an Italian player leading the global market ...
Read MoreAS-Schneider valves are being successfully used at the Amal oilfield in Oman which uses steam generated at the Miraah solar thermal facility. Steam injection is a common enhanced oil recovery method. Mature oil fields use enhanced oil recovery (EOR) to boost production. Steam injection is an EOR technique widely used in the Middle East. High temperature steam is injected into the well to heat up the subsurface oil. The oil production from a heated well increases due to the effects of lower viscosity vaporisation and thermal expansion. Metal-to-metal seated ball valves have traditionally been used for this high temperature application. These valves can be difficult to procure as they are made from special alloys and require a specialised coating process. AS-Schneider offers Double Block and Bleed valves with a bigger bore globe type needle valve. These DBB valves are faster t...
Read MoreCeleros Flow Technology offers Copes-Vulcan General Service (GS) Valves for reliable and economical fluid control in multiple power and process applications. Suitable for controlling water steam gas and most other fluids Copes-Vulcan GS Valves are ideally suited for non-severe flow control in conventional and nuclear power stations as well as oil & gas production. Typical applications include heater drains gas and fuel oil control feedwater control and steam/gas pressure reduction. Representing significant refinement in control valve design and performance Copes-Vulcan GS Valves combine advanced levels of body configuration trims and actuation to produce a valve assembly capable of premium performance at a competitive price. They feature a straight-through globe style body design with streamlined precision cast bodies to provide smooth contours and transition...
Read MoreSpain s Ampo Poyam Valves today (July 13) announced the launch of its new valves manufacturing and servicing plant in Dammam 2nd Industrial City Saudi Arabia in partnership with the kingdom s Dar Massader Group. The two companies have partnered to form a joint local subsidiary known as Ampo Arabia the company said in a statement. Ampo Arabia an extension of the main valve manufacturing plant in Spain will follow similar structure technical and operational capabilities as well as rotating key staff to ensure consistency and product quality. In addition the local facility will positively impact local delivery lead times and after-sale services to meet demands of current and future projects the statement added. Commenting on the partnership and launch Salah Elkadiki General Manager Ampo Arabia said: Fast reliable and top-quality service at a global scale is one of Am...
Read MoreDespite the Covid-19 pandemic German manufacturers of industrial valves saw a stable year in sales backed by an increase in domestic demand. While the industry held up well in H1 2020 sales declines in Germany and abroad made themselves felt in the following months. Foreign business declined significantly. Foreign sales fell by 4 per cent last year. Here the euro zone in particular proved to be a brake on growth. Sales contracted by 6 per cent. In contrast sales in Germany increased by 6 per cent at the same time. As a result of the very good start to the year and the stable domestic market German manufacturers of industrial valves have come through the crisis well said Wolfgang Burchard Managing Director of VDMA Armaturen commenting on the situation. The industry s broadly diversified customer structure once again proved to be an advantage. div...
Read MoreWhile the industrial valves sector was still able to hold its own in the first half of 2020 despite the corona crisis declining demand is currently making itself felt more strongly at home and abroad. Foreign business in particular is clearly declining. Foreign sales fell by 5% in the period January to September 2020. By contrast sales in Germany rose by 10% at the same time. Overall the manufacturers thus achieved a sales increase of 1%. Thanks to a very good start to the year and a stable domestic market German manufacturers of industrial valves have so far come through the crisis well comments Axel Weidner Chairman of VDMA Armaturen the German Valve Manufacturers Association on the current situation. However there are some indications that this will not remain so in the coming months. Many companies are using the time to get fit in terms ...
Read MoreThe worldwide corona crisis also clouds the business of German industrial valve manufacturers in the first half of the year. Nevertheless the industry has so far been able to hold its own in a difficult environment. While export business has been very subdued in the wake of the effects of the pandemic domestic business has advanced to become the industry s driving force. The long-term project business in particular has so far had a positive effect on sales. Against the backdrop of a very weak first half of 2019 domestic sales in the first half of 2020 even increased by 20%. Foreign business proved much more difficult in 2020 but was still 3% higher than in the previous year due to a successful start to the year. With sales growth of 9% in the first half of the year German manufacturers of industrial valves can be very satisfied in view of the weakness of ...
Read MoreEven as the construction industry has so far been able to cope with the corona crisis better than other sectors manufacturers of plastic pipes which depend primarily on the development of the construction industry will nevertheless also face very serious challenges in the coming months if not years predicts a report. Market research institute Ceresana has now updated its third report on the global market for plastic pipes which had been published in 2018. The new edition provides a first assessment and quantification of the effects of the pandemic including forecasts until 2027. Pipes enable communication Home office and online commerce are pushing digitisation. This upheaval in the economy seems to have very little to do with pipes at first glance. However large sums are currently being invested in the expansion of fibre optic networks all across the globe. Plastic ...
Read MoreELIPS a leading manufacturer of pre-insulated pipes and provider of innovative solutions in fittings has achieved a milestone of completing 10 years of operations in the manufacturing of pre-insulated pipes. The UAE-Dutch project is a joint venture between Emirates Central Cooling Systems Corporation (Empower) the UAE s leading district cooling company and Danish company Logstor the world s largest manufacturer of pre-insulated pipes. Since its inception the company has generated over AED 812 million of sales and produced over 500 km of pre-insulated pipes as well as served more than 150 projects in the UAE Oman Kuwait Saudi Arabia and Egypt the company said in a statement. The company has today become a key player in the industry across the GCC countries and Egypt by executing projects in all industrial domains specifically the district cooling industry. ...
Read MoreMany advances in the field of plastic pipe technology have been announced by the Plastic Pipe Conference Association (PPCA) the organisers of the Plastic Pipes XX Conference with the online publication of their technical program. The PPCA board and operating committee are continuously reviewing Covid-19 developments and plan to move forward with their conference and exhibition to be held September 21 to 23 2020 at the Okura Hotel in Amsterdam a statement said. Over 400 delegates are scheduled to attend the biannual conference and review a total of 116 papers for delivery in two parallel sessions. Sessions will discuss worldwide advancements in material development research findings case studies non-destructive testing methods and other areas concerning plastic pipe technology and the industry that promotes it it said. In addition to presentations and a sizeable exhibition fa...
Read MoreCorys Investments the UAE family-owned business located in Dubai has announced its new joint-venture (JV) with GF Piping Systems a division of GF and Egypt Gas listed on the Egyptian Stock market and the largest company for natural gas infrastructure in the Middle East. The JV in which Corys and GF will take the industrial lead will invest in a major production site for plastic pipes to participate in the soaring Egyptian gas and water distribution market said a statement. Currently Egypt is undergoing a major governmental initiative to develop its gas and water infrastructure. In 2018 more than 1.3 million households were connected to the network. According to Egyptian government forecasts the plan is for a similar number to be connected to the gas distribution network each year. Corys which was founded in 1977 has a strong heritage in the UAE and has a long-standing and trusted partnership with ...
Read MoreIndian multinational conglomerate Larsen & Toubro (L&T) has announced that one of its units L&T Valves is showcasing its cutting-edge innovations at the ongoing Abu Dhabi International Petroleum Exhibition and Conference (Adipec). A leader in flow-control solutions L&T Valves said the company leverages digital technologies and products to enhance safety reliability and performance in the connected flow-control systems of the future. Its unique digital portfolio includes smart valves with integrated diagnostic and communication modules digital traceability solutions as well as augmented reality apps that facilitate remote inspection it stated. On its participation CEO and Director Mahesh Joshi said: For us Adipec represents a great platform to connect with the most important players and reaffirm our commitment towards the region and reinforce ties with our major stake holders. L&T Valves has been associa...
Read MoreAMG Advanced Metallurgical Group and Shell Catalysts & Technologies have signed an agreement to form a joint venture which will be called Shell & AMG Recycling BV. The joint venture will provide a long-term sustainable solution for catalyst reclamation and recycling said a statement. Dr Heinz C Schimmelbusch chairman and chief executive officer of AMG said: AMG has developed a world-leading spent-catalyst recycling technology and we are very pleased to be able to form this joint venture and thereby significantly expand and deepen our 17-year relationship with Shell. With the implementation of the IMO 2020 fuel sulfur regulation we expect significant spent-catalyst volume growth. The end-to-end option that will be available to oil refineries will represent an outstanding CO2 reduction opportunity. Andy Gosse president Shell Catalysts &...
Read MoreThe Plastic Pipes Conference Association (PPCA) has highlighted the promotional and networking opportunities of its next conference and exhibition Plastic Pipes XX to be held later this month in the Netherlands. Hosted in Amsterdam at the Hotel Okura the event will be held from September 21 to 23. Zoran Davidovski chair of the PPXX Organizing Committee said: Amsterdam is a very appropriate venue for our twentieth conference. Our technology was first invented in Germany then commercially pioneered in the Netherlands and now continues to be developed throughout the world. Our technical exhibition plays an active role in networking during our conference. This truly international platform showcases some of the latest developments in product design manufacture maintenance evaluation and testing procedures Davidovski said. Amsterdam will host conference delegates from over 40 countri...
Read MoreThe Middle East industrial valves market size is projected to reach 4.7 billion by 2024 said 6Wresearch a global marketing and consulting firm in a new report. Burgeoning power and energy sectors along with emerging manufacturing industries in the Middle East countries would act as some of the key factors which would drive the industrial valves market during the forecast period according to the report titled Middle East Industrial Valves Market (2018-2024) . Industrial valves market in the Middle East region witnessed a decline in growth during 2014-17 due to the oil crisis which led to slowdown in several projects primarily the demand for valves in Middle East region. However with the shift of Middle East government s investment towards the non-oil sector projects majorly towards industrial and manufacturing sector the market for industrial valves is expected to witness mounting adoption by different end-...
Read MoreThe Plastic Pipes XX Conference and Exhibition will be hosted in Amsterdam The Netherlands from September 21 to 23 2020 the organiser has said. Two spin-off events have also been announced: Guangzhou China in September 2019; followed by Sydney Australia in November 2019 said a statement from the Plastic Pipes Conference Association (PPCA). Chair of the PPXX organising committee is Zoran Davidovski vice president marketing and innovation of Pipelife International. Davidovski said: Amsterdam is a fitting choice for PPXX. The Dutch are world renowned masters in water management. The Netherlands has also spearheaded the commercial development of plastic pipe materials systems and technology. In addition to leading in the field of plastic pipe collection and recycling schemes the Dutch have been in the forefront of plastic pipe R&D. Amsterdam is a vibrant and fascinating location for our con...
Read MoreThe UAE has created 16 catalysts that have helped to attract foreign direct investment (FDI) according to relevant national statistics for the end of 2017. Along with its political economic social and security stability the country s geographic location competitiveness free-market policies encouragement for the private sector and attractive investment environment have enabled it to lead a list of countries that attract FDIs reported Emirates news agency Wam . The country also has modern and advanced facilities and infrastructure as per the highest international standards as well as a range of laws and legislation that are in line with global developments which create an attractive financial environment for the business sector. The catalysts include freedom of capital movement smart government and transparent policies regulations systems and laws. The UAE also has industrial and free zon...
Read MoreGermany-based hte a high throughput experimentation company has been selected by BP to evaluate commercial catalysts for both naphtha reforming and hydrocracking applications using high throughput technology under commercially relevant conditions for its refineries around the world. BP selected hte for the evaluation study in order to benchmark commercial naphtha reforming and hydrocracking catalysts and compare their performance against incumbent catalysts said a statement. The resulting testing programme at hte will provide BP with the data to make selections for its upcoming naphtha reforming and hydrocracking catalyst change-outs it said. The overall aim of both projects is to measure activity yields and stability. In naphtha reforming these performance parameters will be determined at constant octane operation whereas in hydrocracking the catalysts will be tested under various process conditions including the evaluation of...
Read MoreOman-based Petroleum Development Oman (PDO) a leading exploration and production company along with Sumitomo Corporation Tubular Solutions Oman (SCTSO) and Port of Duqm Company (PDC) have announced the arrival of the first shipment of OCTG (oil country tubular goods namely casing and tubing) pipes at Duqm Port. A first lot of 4 900 metric tonnes from Nippon Steel & Sumitomo Metal Corporation (NSSMC) was successfully discharged at the port s commercial quay from where it will be moved to a specialised storage area managed by Middle East Tubular Services (Mets) in the logistics zone adjacent to the port added the Oman Daily Observer report. This operation marks the next phase of SCTSO s successful delivery of supply chain management (SCM) services to PDO following a Mill to Well model for the first time in Oman which will be operated from Duqm. This new model will further optimise supply chain efficie...
Read MoreThe Dow Chemical Company a leader in specialty chemicals delivering products and solutions to several markets has confirmed its sponsorship of the Plastics Pipes XIX Conference and Exhibition at Gold Level to be held next month in Las Vegas US. This event will take place from September 24 to 26 at the Red Rock Resort. Sarah Patterson chair of the PPXIX organizing committee (OC) for the Plastic Pipes Conference Association (PPCA) said: We are delighted to welcome the Dow Chemical Company on board as sponsor of the conference. This material supplier of long standing continues to produce innovative solutions within the plastic pipe pressure segments she said. For almost 120 years Dow has expanded successfully on the original business vision of founder Herbert H Dow. Throughout the years it has developed multifaceted solutions and the right product porfolios to widen the range of ...
Read MoreThe Federal Electricity and Water Authority (Fewa) of the UAE has approved a Dh42 million ( 11.44 million) project to replace the old water pipelines in Al-Nakheel Al-Nuaimiya and Rashidiya areas of Ajman a report said. The decision on the project was taken at a meeting of the Fewa board chaired by Suhail bin Mohammed Faraj Faris Al Mazrouei Minister of Energy and chairman of Fewa Board said the Wam news agency report. Mohammed Saleh director-general of the authority said the project is expected to be completed in 90 weeks. The scope of the project includes the design manufacturing supply installation inspection operation and civil works associated with these lines as well as the replacement of old connections of these lines to the new network he added. ...
Read MoreUS-based Emerson a global technology and engineering company has completed the purchase of the Valves & Controls business of Pentair for 3.15 billion. Headquartered in Schaffhausen Switzerland the Valves & Controls business is a leading provider of valve solutions and services with nearly 7 500 employees around the world said a statement from the company. The business will be integrated into Emerson s Automation Solutions platform it said. David N Farr chairman and CEO Emerson said: This acquisition enables us to continue to grow our global footprint in automation and expand our leadership position in key served markets such as chemical power refining mining and oil and gas. By adding these highly respected products and aftermarket services to our portfolio Emerson is better positioned to serve the needs of our global customers. Mike Train execu...
Read MoreBrady has developed a durable solution to safely lock out gate valves with diameters ranging from 3 up to 18 inch. The new Collapsible Gate Valve Lockout also features a tri-folding system to allow for easy storage. The Collapsible Gate Valve Lockout can block gate valves up to 18 inch to neutralise or secure the flow of energy or materials to machines. Every worker servicing a machine can apply a padlock to the lockout device to lock a gate valve in the off-position while maintenance is ongoing. This prevents other workers from inadvertently re-energising machinery which could lead to impactful workplace accidents. Collapsible Gate Valve Lockouts can also be used to secure the flow of water to firefighting systems for example. The Collapsible Gate Valve Lockout can easily be rotated around a valve to lock it in the off- or on-position. The device s tri-folding system makes it practical to store or carry while still being able to cover and lock large 18 inch valves...
Read MoreSaudi Arabia s King Abdullah Economic City (KAEC) has signed a long-term master supplier agreement with AVK Saudi Valves Manufacturing Company (AVK) a leading supplier of high quality valves and fire hydrants. As a leader in its industry AVK will supply the city with its state-of-the-art products as the city continues to develop and expand its infrastructure. KAEC is the largest privately-funded new city in the world. Situated on the west coast of Saudi Arabia the city covers an area of 181 sq km of land approximately the size of Washington DC. It comprises King Abdullah Port the Coastal Communities residential districts the Haramain Railway district and the Industrial Valley. The city is under development by Emaar The Economic City a publicly listed Saudi joint-stock company established in 2006. This partnership is a key indicator of the calibre of companies working alongside KAEC in the delivery of a next-generation...
Read MoreThe company s supply history shows that 74 per cent of carbon steel pipes supplied were for the oil and gas industry while 22 per cent were for water usage and the remaining for other purposes Al Khobar-based the National Pipe Company Limited (NPC) has emerged as a leading manufacturer of large diameter line pipe of various specifications in the Middle East. The formation of NPC was envisioned by Saudi investors together with the Sumitomo Group of Japan as a company which supplies quality pipes to oil gas and water sectors at a time of rapid industrialisation in the kingdom. NPC was the first firm in the GCC that was licensed to produce API 5L carbon steel pipes and also certified for ISO 9001 2008 says a company spokesman. The first plant with a capacity of 180 000 metric tonnes per year started its commercial production in August 1980. It was designed to produce helical seam submerged arc welded (SAW) large diameter pipes with outsi...
Read MoreMore than 10 000 L&T valves are in operation at some of the largest gas processing and treating facilities in the region such as Gasco Shah Gas OGD III Habshan Gas Development Project and Ruwais NGL L&T valves Limited (formerly Audco India Limited) says it is proud of its long association with the Adnoc group of companies. For over 15 years the company has supplied world-class flow-control solutions to major oil and gas projects in Abu Dhabi. The company started its engagement with Adnoc group in the year 2000 with Gasco Ruwais Upgrade project. Over the years the approved product portfolio has expanded to include gate globe and check valves (GGC) trunnion-mounted ball valves (TMBV) triple-offset butterfly valves (TOBV) double block and bleed plug valves (DBB plug) high pressure and large-size valves and valves in high alloys such as super duplex steels and Inconel. L&T Valves provide safe and reliable flow-control for critical services a...
Read MoreThe booming oil and gas industry in Latin America and Africa is a key factor fuelling market growth in the global industrial valves and actuators market which generated revenues of 45.28 billion in 2014 and is estimated to reach 59.28 billion by 2019 The oil and gas industry is estimated to be the major revenue contributor to the global industrial valves and actuators market a new study shows. The rise in exploration and production of new oil and gas fields and increased investments in pipelines and refineries in the Americas the Middle East Africa (MEA) and Asia Pacific (Apac) is expected to contribute to the steady growth of the global industrial valves and actuators market says Technovia Research s new report on the global valves and actuators market. According to Technavio s report the global industrial valves and actuators market generated revenues of 45.28 billion in 2014 and estimates this to reach 59.28 billion by 2019 gro...
Read MoreEven as low order backlog remains a major concern moderate global economic growth competition and rules and regulations could have an adverse effect on CWFC s business operating results and financial condition says a report Curtiss-Wright Flow Control Company (CWFC) designs and manufactures highly engineered valves pumps motors generators electronics systems and related products for complex naval defence power generation oil and gas and general industrial applications. Comprehensive range of solutions parent company synergies and strong operational performance are its key strengths even as low order backlog remains a major area of concern. Moderate global economic growth competition and rules and regulations could have an adverse effect on CWFC s business operating results and financial condition. However growth prospects: industrial valve market strategic acquisitions and growing nuclear power market could present ample growth opportuniti...
Read MoreThe valves and accessories manufacturer which is a part of Saudi Arabia s Pan Gulf Industrial Investment says its business has remained consistent over the past four years and has orders worth 100 million in the pipeline Pan Gulf Valves (PGV) one of the leading manufacturers of a comprehensive range of valves and accessories in Saudi Arabia says the projected 15 per cent annual growth in the industrial valves market will fuel its business growth. The subsidiary of Pan Gulf Industrial Investment says its business has remained consistent over the past four years and has orders worth 100 million in the pipeline. Our present business trend has remained consistent with past years due to our backlog. The effect of the current dip in project load has not translated to our revenue generation trend yet says the company s general manager Adil Sabri. Pan Gulf Valves caters to the needs of a range of end-users across industrial infrastructur...
Read MoreThe family-owned company from Nordheim in southern Germany which operates globally has tradition know-how and innovative strength and continues to be a pioneer in the industry even after 140 years Power plants offshore platforms chemical plants marine engines: AS-Schneider industrial valves ensure smooth operation in many such systems. The family-owned company from Nordheim in southern Germany near Heilbronn operates globally and is one of the world-wide leading manufacturers of instrumentation valves and manifolds. AS-Schneider looks back on a nearly 140-year history and was always an innovation driver and idea generator. The core business of AS-Schneider is industrial instrumentation measurement and control technology. These are widely used in plant engineering such as in the oil and gas industry chemical plants power plants refineries and cement plants. The company offers a wide range of products. This ranges from shut-off valves with safety ...
Read MoreCrane ChemPharma & Energy has announced that its Center Line 200 resilient seated butterfly valves are now NSF-61 and NSF-372 certified for potable water and lead-free service. Certification to NSF/ANSI Standard 61 ensures that a product meets the regulatory requirements for the US and Canada and it can often fulfill the testing requirements for many other countries as well. For more than 40 years Center Line valves have delivered reliable performance in the chemical processing food and beverage power and pulp and paper industries said Alysha King global business line manager for Crane ChemPharma & Energy. With the NSF certification we can now further enhance the breadth of solutions that we provide to our customers and help ensure the safety and quality of potable water systems worldwide king added. Manufactured in stainless steel and aluminum bronze materials the valves offer positive bi-directional shutoff direct mount automation and ex...
Read MoreAS-Schneider s anti-tamper valve head units protect petroleum valves against unauthorised access and unwanted manipulation Valves play an important role when it comes to the safety of process equipment: Unauthorised access or accidental operation can quickly lead to catastrophic results. However both these scenarios are easily prevented. AS-Schneider the specialist in the field of industrial valves provides a range of anti-tamper valve head units to allow plant operators to reliably protect their valves against undesired operation. The standard design of the anti-tamper valve head unit is equipped with a bore and matching AT-key. The valve can only be operated using this special key. The operator can also lock the bore using a padlock in order to prevent the insertion of the AT-key. This makes it impossible to operate the valve. It can be securely locked in any position closed partially open or fully open says the company in a...
Read MoreTHE establishment of National Pipe Company Limited (NPC) was envisioned by Saudi investors together with Sumitomo Group of Japan as a company which supplies quality pipes to oil gas and water sectors during the time of rapid industrialisation in the kingdom. Thus started the birth of NPC known today as Saudi Arabia s leading manufacturer of large diameter steel pipes located in Dhahran area. Today it aims to fulfill its chosen role as the leading manufacturer of various specifications of large diameter line pipe in the Middle East says a NPC spokesperson. NPC was the first company in the Gulf Cooperative Countries (GCC) that was licensed to produce API 5L carbon steel pipes and also certified for ISO 9001 2008. Its first plant with a capacity of 250 000 metric tonnes per year (mtpa) started its commercial production in August 1980. It was designed to produce helical seam submerged arc welded (SAW) large diameter pipes with outside diameters ranging ...
Read MoreVALVES which are used to control pressure temperature and level of liquid are called control valves. These are widely used in industries where the flow and level are required to be maintained. Control valves open or close responding to the process variable defined for its operation by means of electric and pneumatic actuators. The major factors which are driving the control valves market includes: growing investment in the oil and gas sector. This automatically creates demand for control valves as they find application right from the extraction of crude oil and gas till it reaches the end customers via refinery and oil terminals and depots. Emerging economies like China and India are also increasing their hydrocarbon investment which is again boosting the demand for control valves. But despite the growing demand for control valves globally the challenge is of setting up an efficient system of logistics and supply. Another challenge faced by the global valves manufact...
Read MoreREGULATORY modifications in 2010 have raised important issues in design and use of industrial safety systems. Certain changes in IEC 61508 now being widely implemented mean that designers and users who desire full compliance must give new consideration to topics such as SIL levels and the transition from 1H to 2H methodologies. In particular these issues can impact users selection of solenoid valves and prepackaged redundant control systems (RCS) for implementation in a safety instrumented system (SIS). Such selections may also be affected by how experienced valve suppliers are at dealing with complex new compliance methodologies. These issues are especially applicable to the oil gas chemical and power industries in applications such as safety shutdown systems boilers furnaces high-integrity protection systems (HIPS) and more. They re of concern to safety engineers and reliability engineers as well as to process engineers engineering executives and plant ...
Read MoreABAKAN an emerging leader in the advanced coatings and metal formulations markets has announced that it has signed an exclusive agreement with Limo Lissotschenko Mikrooptik (Limo) based in Dortmund Germany. The agreement is intended for the development of a laser based system for the production of wear and corrosion resistant cladding to supply the multi-billion dollar coating market for 3 to 8-inch diameter pipe used extensively in the oil and gas industry. Limo will design and build the laser coating systems while Abakan will design the auxiliary components to install and operate these systems. The cooperation will focus initially on the cladding of the smaller-diameter thick-walled pipes which are in constant demand due to the mounting development of large-scale offshore oil and gas fields. The prospect of supplying the demand for small diameter clad pipe adds to Abakan s current focus on cladding large diameter (10 inches and up) pipe. Limo has demonstrated laser-m...
Read MoreAS PRODUCED fluids from oil and gas reservoirs get more aggressive in terms of corrosive species and as exploration activities shift to remote frontiers which are often deeper and hotter corrosion resistant alloys (CRA) are often used to ensure equipment reliability and performance under these challenging conditions. Solid CRA piping solutions like flowlines gathering lines risers are often used to transport unprocessed fluid from produced wells. These solid CRA line pipes are conventionally manufactured either as wrought seamless pipes or as welded pipes. An alternative pipe manufacturing process which results in a seamless pipe is the horizontal centrifugal casting process. In this process liquid metal is poured into a rotating preheated cylindrical metallic mould. This results in the application of centrifugal force on the liquid metal as it solidifies. Directional solidification of liquid metal occurs from the outside wall to the inside wall and the molten material...
Read MoreTHE oil and gas industry (O&G) is the largest revenue generator for the industrial valves and actuators market globally. As a result the exploration of new oil and gas fields with the corresponding increase in investments in refineries and pipelines in key growth regions is likely to have a high impact on market prospects. The market will also benefit from the rising demand for automation and infrastructure modernisation a new research report says. New analysis from Frost & Sullivan titled Strategic Analysis of the Global Industrial Valves and Actuators market finds that the market earned revenues of 18.37 billion in 2012 ( 17.65 billion in 2011 the base year for the report) and estimates this to reach 22.10 billion in 2016. Currently significant oil exploration activity is taking place in Africa South America the Middle East and Russia notes Frost & Sullivan industrial automation and process control research associate Niranjan Paul. Thes...
Read MoreRotork intelligent electric valve actuators and two-wire digital control systems have been specified for a major plant upgrade at the Caltex Kurnell site in Sydney Australia. The upgrade project is converting the existing refinery site into an import terminal for the storage and distribution of petrol diesel jet fuel and fuel oil. A large proportion of the 300 actuators involved are the latest IQ3 units the third generation of Rotork s pioneering non-intrusive intelligent electric actuator product range. All the new actuators will be monitored and controlled by ten hot-standby Rotork Pakscan P3 bus networks. Designed specifically for the remote operation of valve actuators and the spacious environments associated with tank farms Pakscan provides the vital link between actuators in the field and the host control system. Many of the actuators will be supplied on new valves whilst a number are being retrofitted by Rotork Site Services Australia onto...
Read MoreVALVES the heart of oil gas and petrochemical plants and production facilities are valuable assets. Well heads X-mass trees platforms valves wing valves upper master valves lower master valves ZVs MOVs PCVs HCVs launcher and receiver valves for scrapers are so critical in production that no company can afford to have any problems with them. Saudi Arabia-based Oil & Gas Services Gate Company (OGSG) says replacing valves should always be the last option as replacing them will cause a big loss in production because of shutdown; replacing them will mean spending on high-priced new valves; and replacing them will lead to delay in operation due to a long lead time for manufacturers to supply valves. p style= font-size:x-small; text-alig...
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