MRC Global Inc. has recently announced that its subsidiary, MRC Transmark Middle East FZE, has signed a framework agreement with Saudi Basic Industries Corporation (SABIC), thus naming MRC Transmark Middle East as one of SABIC's primary valve suppliers to its operations in Saudi Arabia.
SABIC, headquartered in Riyadh, ranks among the world's top petrochemical companies, operating from more than 50 countries and has more than 60 manufacturing and compounding plants across the Middle East, Asia, Europe and the Americas.
Valves to SABIC’s facilities in Saudi Aradia and Europe
The new framework agreement covers MRC Global's supply of valves to all 22 of SABIC's production complexes in Saudi Arabia and is an expansion of their current framework agreement which includes all of SABIC's European facilities. Through its subsidiary, McJunkin Red Man Corporation, MRC Global has also served as the primary pipe, valve and fitting (PVF) provider to SABIC's US operations for more than 25 years.
"We are grateful for the trust SABIC has placed in MRC Global with this agreement," Andrew Lane, MRC Global’s Chairman, President and CEO, said. "We look forward to expanding upon our strong relationship and solid track record to support SABIC in one of the most important energy producing countries in the world."
Initially, MRC Transmark Middle East will support SABIC's Saudi Arabian business from its regional distribution centre in the Jebel Ali Free Zone. The 30 000 ft2 (2787 m2) warehouse and three acre pipe yard has maintained approximately US$20 million inventory of PVF products to support the region.
Adapted from press release by Cecilia Rehn
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/19062015/sabic-awards-mrc-global-mro-valve-supply-contract/