Monday, 9 November 2015

Tata Steel announces partnership with IDC in the Middle East - 09/11/2015

Tata Steel announces partnership with IDC in the Middle East

Tata Steel has strengthened its links in the Middle East through the formation of a partnership with International Development Company (IDC) in the region.

IDC was established in 1978 in the United Arab Emirates (UAE) to supply equipment into oil, gas, power and petrochemical industries for private industrial projects. 

Tata Steel recognised the need to have local representation in Abu Dhabi and chose IDC based on its 37 years of experience and history. IDC will support and assist Tata Steel in obtaining national oil company approvals, which are required in the region.

Tata Steel has a diverse products and services offering for the energy and power sector, including welded line pipe and ancillary products from its UK pipe mills. Richard Broughton, Commercial Manager, Energy and Power, Tata Steel, said: “Tata Steel, along with IDC, will introduce its supply capabilities to oil and gas companies in the region, providing them with an opportunity to work with a supplier who has an excellent track record of providing for offshore and onshore line pipe projects worldwide.”

Tata Steel announced the partnership following increased focus on productivity in a bid to reduce the total cost of ownership for its customers’ projects. The company has made a number of significant investments in its production equipment, including improvements to its welder equipment, upgraded expander tooling, reelability trials, better ‘O’ press control upgrade and investment in a new lap laser at its Hartlepool 42” large diameter SAW pipe mill. 

Richard Broughton continued: “It is well known that this is a challenging time for the European steel industry, but there is no effect on Tata Steel’s ability to provide high quality pipes to our customers in the energy sector. 

“Our investments over the last year are testament to our commitment to the industry and we will continue to assist customers by reducing the total cost of project ownership without comprising on quality.” 

Tata Steel is exhibiting at the Abu Dhabi International Petroleum Exhibition and Conference from 9 – 12 November. Visit stand 2310 to find out how they can help you lower the total of ownership.

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