Dubai-based Tristar Group’s Saudi JV inks contract with Linde-Sigas
Tristar will transport industrial and medical gases to Linde-Sigas clients in Dammam, Jeddah, Riyadh, Jubail, and Yanbu
Dubai-based Tristar Group, a global integrated energy logistics company led by group chief executive officer, Eugene Mayne, has announced that its joint venture in Saudi Arabia, United Stars inked a five-year contract with Linde-Sigas.
A majority-owned subsidiary of Linde in the kingdom, Linde-Sigas is a manufacturer of industrial and medical gases.
As part of the deal, Tristar will transport industrial and medical gases to Linde-Sigas clients in the kingdom from five centrally located depots in Dammam, Jeddah, Riyadh, Jubail, and Yanbu.
In a statement, Tristar said that the initial contract has been signed a five-year period and is extendable for two years.
Speaking about the contract, Mayne, said: “Linde-Sigas is one of Tristar’s long-standing partners in other Gulf markets, so we are particularly pleased that we can provide them with a comprehensive end-to-end logistic solution for KSA.”
The contract was signed by the general manager of Linde-Sigas, Mehdi Benzaari, and country manager of United Stars KSA, Aous Ali, at the United Stars’ headquarters in MODON, Dammam second industrial area.