TPi April 2012

business & market news

MRC to acquire Onesteel Piping Systems McJunkin Red Man Holding Corporation (MRC) hassignedanagreement toacquire the operations and assets of OneSteel Piping Systems (OPS). This latest acquisition continues MRC’s international expansion in targeted key markets and supports the company’s vision to be the premier distributor of pipe, valve and fitting (PVF) products. OPS will operate as MRC Piping Systems Australia. The Sydney-based acquisition follows the acquisition of Melbourne-based MRC Transmark Australia in October 2009, and Perth-based MRC SPF in June 2011. When the strengths of MRC Piping Systems Australia are combined with these previous acquisitions, MRC will have Australia’s largest full-line product offering including carbon steel, stainless steel and alloy pipe, valves, fittings and flanges to serve both the maintenance, repair and operations (MRO) and project McJunkin Red Man Corp – USA info@mrcpvf.com www.mrcpvf.com Dearborn forms new tube hollows company needs of its key customers throughout Australia in oil and gas, mining and mineral processing. The acquisition price is AUD $67mn and the transaction was expected to close in the first quarter of 2012.

presence in the precision, uniform wall seamless tubing marketplace.” In addition to Mr Morse and Mr McKinney, the Tube Hollows International management team includes sales manager Dave Smith, quality manager Jim Pittman, and CFO and business manager Todd Humphrey. Tube Hollows International is located across the street from Dearborn’s existing facility in Fryeburg, Maine, USA. Tube Hollows International – USA info@tubehollows.com www.tubehollows.com

service. Developing a new company allows us to focus solely on those industries in which our deep hole drilling expertise is best utilised. “We consider it a wise and progressive business decision leading to even better fulfilment of our customers’ tube hollows and tubular components needs.” Scott McKinney, THI’s marketing manager, said, “With leaner operations, focused administration and lower costs, we will offer the very best product possible with excellent customer service. As THI, we are committed to being an international

Designed to offer new and existing customers better order fulfilment and to concentrate solely on drilling tube hollows, tubular devices and components, the former Dearborn Precision Tubular Products, Inc has formed a new company, Tube Hollows International (THI). THI’s general manager, Dave Morse, who was previously the facilities and deep hole production manager at Dearborn, commented, “As with any company that experiences the rate of growth we have over the past several years, adjustments need to be made to meet the needs of our customer base and the markets we wish to

Surgil Gas and Petrochemical Complex project Mott MacDonald has completed an international environmental and social impact assessment (ESIA) and environmental and social management plan for the largest gas and petrochemical project being developed by Uz-Kor Gas Chemical in the Commonwealth of Independent States (former Soviet Union). will include new 115km pipelines for gas and condensate. process of securing funding for the project. It represents the culmination of an extensive amount of work by Mott MacDonald and Uz-Kor to assess the environmental and social impacts. Most importantly it develops ways to reduce these potential impacts and build in environmental and social enhancements that will bring real benefits to the host region.”

Mott MacDonald has been instrumental in supporting Uz-Kor with meeting international environmental and social requirements as it seeks to obtain financing for the $4.1bn project from the Asia Development Bank (ADB) and a group of commercial lenders being led by ING. An important part of the ADB project evaluation process is publication of the ESIA package of documents once disclosure has been reached. Mott MacDonald project director David Boyland said, “Achieving disclosure for the Surgil project is a very important milestone in the

The Surgil Gas and Petrochemical Complex project in Karakalpakstan will include the development of the Surgil gas field and a state-of-the- art gas chemical complex that will produce natural gas and petrochemical products such as high density polyethylene (HDPE) and high density polypropylene (HDPP). The facilities

The Surgil Project will provideUzbekistan with new progressive technologies, which will produce valuable export- oriented products.

Mott MacDonald – UK lee.lodge@mottmac.com www.mottmac.com

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Tube Products International April 2012

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