GoDubai
  
  
  
  
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 and Retail

 
  Share

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 8772 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 : Bee'ah achieves important milestone towards the completion of revolutionary headquarters
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA
Panasonic's latest LUMIX DMC-TZ220 is the Ultimate Travel Companion
Introducing the GUESS Jeans Fall 2018 Collection
Cerruti 1881 MOLVENO timepiece and cufflinks
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com
Kaya Skin Clinic's Expertise is pushing the Boundaries of Botox
Joyalukkas brings joy to hundreds around the world with summer gold bar giveaway
How to choose the right mascara
Tissot Chrono XL NBA Team Collection Sporty Gets Smart
Hour Choice presents Coach Astor Collection
Creating #futureclassic: Swatch Launches Skin Irony Collection
Head to Modhesh World for Summer Fun Before the School Run
Favourite florals: Bloom with our top floral picks from bebe
Carl F. Bucherer Presents Adamavi Collection
Delicious Whole Cakes at Sophie's Café from AED99
Nazih Introduces New Dr. Renaud Skincare Range
Business Wear by Hugo Boss
13 Emirati Authors Launched into the Portuguese Book Market
The new Rado HyperChrome Chronograph in bronze and high-tech ceramic
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital
Al-Futtaim Honda launches Next Change programme to reward loyal customers
Five Awesome Reasons to Visit LEGOLAND® Dubai During the Eid Al Adha Holiday
Back-to-School Shopping Made Easy with SOUQ.com
The Marriott International cyclist team completes 600km R2A cycle challenge
New Addition to the HUAWEI Nova 3 Series: On-trend and fashionable HUAWEI nova 3...
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this S...
Spectacular live entertainment for the entire family at Majid Al Futtaim malls i...
Eid Gift Guide 2018
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn you...
‘The Little Things' That Makes Summer All The More Enjoyable
XTouch Announces the Launch of the Robot Family Range of Rugged Mobile Phones
MEFMA reaffirms commitment to promote entrepreneurship & innovation across local...
Let your kids enjoy some dancing at James & Alex Dance Studios
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp
Eberhard & Co. immortalizes a legend
Trend Alert! Clueless About Plaid? kate spade Found Fresh Ways to Showcase the G...
The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018
Hilton Launches New Platform Dedicated to Offering Guests Bespoke, Unforgettable...
OMEGA Showcases its Passion for Golf at the 2018 PGA Championship
Traditional Thali Indulgence at Antique Bazaar
Danube Properties' Dh550 million Lawnz project at International City, sold out i...
VIP Golf Austin Offers Golf Packages For the Avid Tourist
The Moon Collection From Lacoste
Dubai Judicial Institute collaborates with Union Coop to support the 7th Dubai J...
FREE DANCE WEEK is back at James & Alex Dance Studios
Celebrate India's Independence Day with Sparkles of India
Fitness in DXB to Launch ‘the Pursuit of Happiness' Evening for Yoga and Inspiration
Dubai Tourism Publishes ‘12 Steps Towards Sustainability' Manual to Guide Hotels...
Eyesight restored in a rare case of Optic Neuritis
The new Hamilton Khaki Field Mechanical