TPi July 2010

news business & market

Radius Systems enters joint agreement with Senaat

Infrastructure plastic pipe systems manufacturer Radius Systems has struck a joint venture agreement with Abu Dhabi-based Senaat Group. The Emirates Conversion Industry LLC (Senaat) partnership is one of the emerging investment companies in Abu Dhabi. It has investments in various sectors, including metals, marine, infrastructure and petrochemical downstream developments. The agreement will bring Radius Systems’ manufacturing expertise to the United Arab Emirates and will lead to full-scale manufacturing in Abu Dhabi. It is part of a planned global expansion programme by UK-based Radius Systems, which had a management buyout in 2008 from previous parent Uponor of Finland.

fittings systems for potable and non- potable water, gas and telecom- munications to this key growth area. By providing products – and subsequently full production processes – Radius Systems will bring the benefits of world-class products and expertise to companies operating in the Gulf region. Senaat’s investment objective is to develop industrial downstream projects. These will contribute significantly to the achievement of the Abu Dhabi government’s Economic Vision 2030. Radius Systems CEO Stuart Godfrey, who confirmed the agreement had been ‘some time in the making’, said, “We were looking for a professional partnership to expand our international operations. The fit with Senaat was perfect, with our backgrounds in oil and gas derivatives.” Andre van Uffelt, CEO at Senaat, commented, “We are proud to have a

partner like Radius Systems investing and delivering a commitment into our region. Based on the Economic Vision 2030 we aim to set up industries offering long- term, sustainable solutions for the Emirate of Abu Dhabi. With Radius Systems we have a partner offering technology, processing and application expertise. Furthermore, with their product portfolio, we are in a position to enhance and improve piping systems for oil and gas applications. It is becoming increasingly important to offer high quality systems for sewage and drinking water.” Radius Systems pipes and fittings will soon be manufactured in the UAE

Radius Systems – UK sales@radius-systems.co.uk www.radius-systems.co.uk

Radius Systems will initially introduce high-performance plastic pipes and

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