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 9144 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
Global brands with lowest cost at Karama Ware house sale from this Thursday
Glam's Makeup Launches in the Middle East
Review: Facial with Dr Renaud's range at Nazih
CFB T3 000 Manufacture Movement Pioneering Peripheral Technology
Glasshouse Collection from Olivia Burton
CALVIN KLEIN WOMEN: The first CALVIN KLEIN fragrance developed under the vision...
Anivagene Launches in the UAE
Mr. Burberry Indigo Eau De Toilette
Hour Choice presents Coach New York Collection
Prevention, Not Cure: Kaya's ‘Hair Strength Therapies' Set to Rid the Gulf of it...
Tommy Hilfiger Iconic Sport collection
Matthew Fitzpatrick Wins the 2018 Omega European Masters
Executive Tourbillon Free Wheel
Introducing New Make-up From Rodial That You Need In Your Kit
Australia's Number No.1 Natural Skincare Brand* Partners With Jessica Kahawaty
Rado reimagines a bold 1960s classic for the 21st Century
Scuderia Ferrari presents Fall winter collection
Kate Spade New York Presents Debut Collection From Creative Director Nicola Gla...
Introducing VK Beauty Lounge & Bar
Tata Communications Strengthens Cyber Defence in the Middle East with the Launch...
Samsung Launches the New Galaxy Watch in the UAE
Rolls-Royce Motor Cars Takes the Luxury of Privacy to a New Level
Facebook Launches Community Help on Facebook Lite
Dubai Culture Organises ‘Writing Literature Novels and Editing them as Play Scri...
Alina Anwar Couture Launches in UAE
British Classics Make a Comeback in Jack Wills AW18 Collections
Introducing Home Fragrance at Robinsons, Dubai Festival City
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Up Your Health and Lifestyle Game with the Huawei TalkBand B5
du and Holidays by flydubai partnership takes flight to bring great experiences ...
‘Unseen Potential' - Art from Scrap and Discarded Parts
CNN's Inside the Middle East explores the region's evolving photography scene
Ferrari World Abu Dhabi invites guests to enjoy the spectacular Friends & Family...
Majid Al Futtaim and UNICEF Partner to Help Send 1 Million Children to School by 2020
New Google Search feature launches for job-seekers in Arab world
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
Audi headed for the future with Formula E and DTM
Roberto Cavalli's Exclusive Duo of Fragrances
Sheikh Zayed, the First Falconer and Nature Protector
Al-Futtaim Toyota's Upgrade campaign brings back the hottest car deals
Your skin needs more than just sunscreen
UHOA goes live with #YouBeUganda at Expo 2018
PAN Emirates bedroom festival with discount up to 70%
Abu Dhabi International Airport Hosts Sheikh Zayed Photo Exhibition
FDI flow in to Bangladesh jumps 22.52% last year to US$2.45 billion that prompts...
Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?
Afghanistan Premium League T20 (APLT20) Draft 2018
Defying Age With Skin Republic's Gold and Platinum Face Masks
Al-Futtaim ACE DIY and Home Security promotion
Restrictions on Employment of Foreign Nationals in Retail Sector Forthcoming