Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate


Dubai, the United Arab Emirates, December 17, 2017 –  Interpipe, a leading global steel pipe and railway wheel producer, has reached a key milestone in its Middle East operations, with over a million tons of pipe products delivered to its various customers in the region over the past decade.

The company's milestone coincides with the 10th anniversary celebration of its Dubai office. Regional customers and partners attended the reception, where an awards ceremony was held to celebrate Interpipe's strong ties and successful cooperation with its strategic partners in the region. The company also summed up the results of a ten-year development, and discussed further cooperation with its partners.

Since 2007, the company has made significant investments in its production facilities, including developing and commissioning a state-of-the art steel-melting complex, Interpipe Steel, built from scratch; the launch of new finishing lines for both line pipes and oil country tubular goods (OCTG), and the modernization of testing units at all production assets. The last company enhancement, dated 2017, is a modernization of lines for premium OCTG production. The total amount of the investments into pipe and steel production has reached about $800 million.

Over the last decade, Interpipe has strengthened its R&D division and improved steel grades, expanded its size range, offered new services and developed new premium connections for complicated drilling conditions. Just recently, this year, the company launched its latest innovations and started production of the premium UPJ-M connection, which corresponds to the highest requirements for the premium products of a new generation.

Andrey Burtsev, Commercial Director for Middle East, Africa and Asia markets, Interpipe, commented on the occasion, “Ten years ago we opened our Middle East hub in Dubai in order to be closer to our customers, provide high-level service and expand our business in the market. During these years of cooperation, a lot has been accomplished with the joint efforts of Ukrainian and Middle East companies. Interpipe maintains a strong presence in the oil & gas industry with 58.5% of its pipe supplies used in regional oil and gas projects over past ten years. Namely, the largest share in total supplies accounts 25% for the United Arab Emirates, 18% for Turkey and 13% for Egypt.”

He continued, “41% of Interpipe's pipe exports in the region cater to the construction industry. Interpipe products have been used in a number of prominent construction projects including the Dubai Marina development in the UAE, King Fahad Medical City in the Kingdom of Saudi Arabia and Osman Gazi Bridge in Turkey. Interpipe's largest share of pipe supplies for construction industry is in the United Arab Emirates followed by Turkey and The Kingdom of Saudi Arabia, representing 30%, 22% and 19% respectively. The Middle East remains a top priority market in terms of further development.”

Oleksandr Balanutsa, the Consul General of Ukraine in Dubai, commented, “I am proud to open today's reception as a token of respect to Ukraine's partners in the Gulf countries. Ukraine has a strong political and economic relationship with the United Arab Emirates. Last year the trade turnover between the two countries reached $610 million. The results of 2017 will exceed last year's recorded economic activity. We also intensify our political dialogue and enhance strategic cooperation in space technologies development, aircraft building, energy and metal industries, and agriculture. The outcomes of the recent visit of the President of Ukraine, Petro Poroshenko to the UAE are another testament to these positive dynamics. I'm also confident that a visa-free agreement between our two countries will help bring the cooperation between Ukraine and UAE to a new level. We are pleased that prominent Ukrainian companies such as Interpipe contribute to the economic and infrastructure development of the Middle East.”

Nazih Al Sayed, General Director, Offshore Engineering and Marketing LTD, said, “Interpipe has been our trusted partner for more than 15 years, providing high-level technical expertise and quality service. In cooperation with Interpipe, we supplied pipe products for a number of iconic projects in the Gulf and particularly in the UAE, including Etihad Towers, Jumeirah Beach Residence and various MEP projects in Dubai and Abu-Dhabi, Muscat-Sohar Multi-Product Pipeline and OXY project in Oman, DNO ERBIL project, ADNOC group's various oil & gas projects, Dubai Petroleum's projects and many others. We continue developing together to offer end-users turn-key solutions.”

Posted by : GoDubai Editorial Team
Viewed 6704 times
Posted on : Sunday, December 17, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : ISNR Abu Dhabi 2018 to Examine Role of Artificial Intelligence in Homeland Security in Line with UAE...
Next Story : ‘Be There' at The Dubai Mall this festive season and join in the Winter Celebrations, with a chance...
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Filorga Launches Lift Range
Top Perfume Picks for Mother's Day @ Glambeaute.com
The Sheet Mask Trend
Nissan's e-POWER technology wins environmental award
Max launches its Inaugural Abaya Collection
It's Mother's Day!
Mother's Day Offer from Blush N Curls Salon
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Al-Futtaim Honda launches 10th generation Honda Accord
LULU Organic Food Activation
Drink yourself to looking younger with Skinade
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
The V-Tox Facial by Linda Meredith Skincare
An Open Secret - The new Flying Regulator Open Gear provides deep insights
Corporate Power Dressing redefined at Kachins Signature
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Sl...
The only line you'll love in your face – your perfect jawline!
Reading Champions Declared at 10th Emirates Airline Festival of Literature
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
GMC sets a new GUINNESS WORLD RECORDS title in partnership with Abu Dhabi Police
Cadillac Alghanim kicks off world-class opportunity in Kuwait
Own your pores like a Bioré Princess!
Milan-san Remo a Dream Target as Uae Team Emirates Announce Super-seven Line Up
ba&sh's Spring-Summer collection 2018
Raymond Weil introduces the Maestro Blues
The Dubai Mall unveils Fashion Avenue; the region's most prestigious luxury des...
Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers...
Beyond Beauty partners with Platinum Records to position teen sensation Hala Al ...
The Spring Summer 18 Womenswear Collection
GUESS Unveils the Kids Spring 2018 Collection and Campaign
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Sanofi introduces innovative therapy to help address high unmet medical needs of...
Velvet Caviar meets Roger Dubuis Diva power
10th Emirates Airline Festival of Literature Ends with a Bang!
Join the UAEs first Women's Warrior Challenge.
PCFC, GDRFA conclude Successful Marriage program ahead of 7th Mass Wedding
Alexey Firsov Solo Exhibition
SOUQ welcomes 3M's innovative products to serve everyday customer needs
ISNR Abu Dhabi 2018 closes on a high note, attracts record numbers of exhibitors...
Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Na...
Dubai ranked amongst the world's top destinations for FDI in the real estate market
Centrepoint Partners With Anghami To Launch New Talent Sessions
Business of beauty goes green at Beautyworld Middle East 2018 as Natural & Organ...
From Jade to Diamond
Munich Airport to develop unique, future-focused innovation campus
Matar Al Habsi wins AED 1 million Fazza Championship for Youlah
10 Must-see Activities at Dubai International Horse Fair This Week