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

 
  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 9187 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
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
NARS Erdem SS19 Beauty Report
Diana Arno Expands Online Shopping to Middle East
Introducing VK Beauty Lounge & Bar
Introducing Home Fragrance at Robinsons, Dubai Festival City
Defying Age With Skin Republic's Gold and Platinum Face Masks
The Future Is Here
Roberto Cavalli's Exclusive Duo of Fragrances
Lacoste.12.12 Collection
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Trevor Sorbie Range Relaunches in the UAE
FOREO To Attend TFWA: the World's Largest Travel Retail Show
Carl F. Bucherer Celebrates Debut of Its Online Boutique on Jd.Com Launch of Lim...
GROHE Smart Home: The App-Controlled Water Security System
Le Meridien Dubai Hotel & Conference Centre's Restaurant Promotions- October
William Collection by Hugo Boss
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
Al-Futtaim ACE launches its stylish new Outdoor collection
Al-Futtaim Toyota swoops another win at the Filipino Times Awards
Pamper yourself at Perfumery & Co this month, at The Dubai Mall
Dubai Design Week continues to grow, cementing Dubai as the design capital of t...
O Boticário Opens in Dubai its First Amphora Store outside Brazil Come Join...
Tips & Toes Hits the Big 3-5!
Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor fu...
Honor Set to Go Beyond Limits With the Launch of Honor 8x
The Mummies of Dubai Give Their Kids a Preppy Style Makeover
Tata Communications launches a specialised cyber security lab at Shanmugha Arts,...
Hyperloop Transportation Technologies, Partners, and Government Stakeholders Mov...
Consonni Wraps Up La Vuelta a Espana With a Seventh Place Finish for UAE Team Em...
Dubai Parks and Resorts Celebrates Saudi National Day
Eberhard & Co. Scafograf 100 For Elegant Lady
Ministry of Human Resources and Emiratisation, Huawei and Honor launch ICT Compe...
New GUESS Handbags for FW18
Akamai Unveils Solutions at IBC 2018 Designed to Mitigate the Challenges and Cos...
du Wins Smart Cities Award at the Telecoms World Middle East 2018
Abu Dhabi wins bid to host 2022 ITU Grand Final in world first
Cadillac XT4 Delivers Dynamic Driving Experience
du Opens New Business Centre in DIFC for Enterprise Customers
Huawei Deepens Cooperation with Duisburg to Transform Germany's Industrial Hear...
Volunteers from the UAE join hands with the community in Tasset Peulh village in...
Sharjah's Recognition as ‘Accessible City for Physically Disabled' Hailed as His...
New Homologations for Pirelli Tyres
The Dubai Business Women Council meets with the UN Assistant Secretary-General t...
Dubai Festival City Mall Celebrates KSA National Day with Special Imagine Show
WWE® Crown Jewel Set for November 2 in Saudi Arabia
Registration for the 5th edition of Camel Trek is now open
New Headmaster for Repton School, Abu Dhabi School's Rose Campus (FS1 to Year 1...
Huawei becomes one of the first multi-national technology companies to register ...
Lenovo Reveals Intelligent Solutions & Partnerships at Transform 2.0
Mobility MEA becomes the first approved Android zero-touch enrollment partner fo...
His Highness Sheikh Ahmed bin Saeed Al Maktoum receives the President and Vice C...