In 2017, AS-Schneider signed a cooperation contract with the Saudi Arabian production and distribution company Binzagr.
The production of valves and valve blocks has now been officially under way onsite since 1 July 2018.
The joint venture (JV) enables the manufacturer, based in Nordheim, Germany, to tap into Saudi Arabia as a new market.
The Binzagr Factory is an internationally operating production and distribution company, founded originally as a trade partner of the Saudi Arabian Oil Company (Saudi Aramco). Today, Binzagr is a provider of technical insulation for industrial plants and operates in collaboration with various companies, including several from Germany.
AS-Schneider now locally manufactures industrial valves, specifically for use in the oil and gas industry.
Read the article online at: https://www.hydrocarbonengineering.com/refining/17092018/as-schneider-and-binzagr-jv-starts-production/