Interpipe reaches key milestone in Middle East
Global steel pipe and railway wheel producer Interpipe has reached a key milestone in its Middle East operations, with over a million tonnes of pipe products delivered to its various customers in the region over the past decade
Global steel pipe and railway wheel producer Interpipe has reached a key milestone in its Middle East operations, with over a million tonnes 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. The company also summed up the results of a ten-year development, and discussed further cooperation with its partners.
Andrey Burtsev, commercial director for Middle East, Africa and Asia markets, Interpipe, said: “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 and 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.”
Burtsev added that 41% of Interpipe’s pipe exports in the region cater to the construction industry.
Burtsev said: "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.”
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.