TPi July 2016

business & market news

voestalpine ends investment in Wuppermann Austria

like to take this opportunity to thank all participants for the success over this long period of time.” Wuppermann group has been operating in steel processing for more than 140 years. Its product portfolio includes surface-coated flat products, tubes, tube components and sheet metal parts from steel, stainless steel and aluminium for electronic products, shop fitting and mechanical engineering, medical technology, furniture, food, packaging, automotive, construction and solar industries, as well as water and wastewater engineering. Wuppermann Austria is one of the largest production sites within Wuppermann group.

In March, voestalpine ended – as planned – its business participation in Wuppermann Austria GmbH (WA), after 29 years. voestalpine Stahl GmbH, a company of the steel division of voestalpine group, had held a 30 per cent stake in WA. The partnership between the two companies in the steel industry had existed since the founding of WA in 1987. voestalpine Stahl GmbH was not only co-partner, but also a raw material supplier for Wuppermann in Austria. The contracts between WA and voestalpine are now ending as scheduled. This concerns the participation, the supply business, and the WA production site of narrowband galvanising located at voestalpine Linz.

Wuppermann Austria GmbH in Judenburg, Austria Photo credit: Copyright Wuppermann AG, 2016

“Wuppermann strives for long-term and trust-based business relations,” stated Dr CL Theodor Wuppermann, management board spokesman for Wuppermann AG. “The partnership has been very successful for both parties for 29 years. Besides the business benefits, the collaboration was characterised by reliability. I would

Wuppermann AG – Germany info@wuppermann.com www.wuppermann.com

MRC Global expands service to Chevron into Gulf of Mexico MRC Global (US) Inc has been awarded a new maintenance, repair and operations (MRO) agreement to be a preferred supplier of pipe, valves and fittings (PVF) products and services to Chevron’s operations in the Gulf of Mexico. The company has also been awarded an extension to its MRO agreement to supply PVF products and services to Chevron’s mid-continent US operations, which includes Colorado, New Mexico, Oklahoma, Texas and Wyoming. “I am grateful that Chevron continues to trust MRC Global with their ongoing PVF needs,” said Andrew R Lane, MRC Global chairman, president and CEO. “The agreement to support Chevron’s Gulf of Mexico operations represents an expansion of MRC Global’s Gulf of Mexico business and is a result of our commitment to build out our service model in this important offshore market.” MRC Global is currently a global supplier of PVF for Chevron’s major international and domestic MRO and capital projects.

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MRC Global Inc – USA www.mrcglobal.com

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July 2016 Tube Products International