Officials at the opening of the event
ME pumps and compressor industry on ‘strong footing’
SHARJAH, December 16, 2014
The pumps, pipes and compressors industry is on a strong footing in the region, driven by robust investments in oil and natural gas pipeline and exploration projects, and strong industrial and manufacturing activity.
The inaugural three-day Middle East Pumps, Valves, Pipes and Compressors Industrial Exhibition 2014 (PVPC Expo ME), aimed at facilitating further growth in the regional market, will run till December 17 at the Expo Centre Sharjah.
Saif Mohammed Al Midfa, chief executive officer of Expo Centre Sharjah, said: “Expo Centre Sharjah is proud to play host to the only regional trade fair that specialises in pumps, valves, pipes & compressors. The PVPC Expo 2014 is organised by CEW Group, a leading international organiser of oil and gas, pump, valve and pipe exhibitions.
“The show also underscores our move to open our facilities to external organisers, which, while boosting occupancy at Expo Centre, will also galvanise the respective industrial segment the show is targeting.”
With strong demand from oil and gas, power, urban infrastructure, construction and desalination projects, the UAE has become a growth driver for the pumps, valves and pipes and compressor industry, said a statement.
In a recent study, consulting firm Frost & Sullivan found the Middle East market for industrial service of pumps, motors, compressors, automation, instrumentation and electric drives earned revenues of $549.3 million last year and estimated this to reach $818.5 million in 2018, at a compound annual growth rate of 8.3 per cent.
Bruce Cui, CEO, CEW GROUP, said: “The launch edition of PVPC Expo 2014 is featuring more than 200 firms from the UAE, Germany, Italy, Turkey, China, India, US, UK, Denmark, Australia, Pakistan, Poland and Iran, among others, at 4,000 sq.m. of exhibition space. Through PVPC Expo 2014 we aim to provide latest products, services and solutions in pumps, valves, pipes and compressors to the regional industry.
“We are expecting more than 6,000 trade and professional visitors from the GCC, Iran, Turkey, China, India, Iraq and other countries from the MENA region.”
Industry observers note that the demand for oil-less and oil-free air compressors, clean and dry vacuum pumps, vacuum pumps with variable speed drives, rotary-vane vacuum pumps and reciprocating piston type compressors, and interactive, intelligent, automated self-diagnosing pumps are on the rise in the region.
Showcasing some of the latest innovations in these areas, the expo is featuring leading names like Emerson, Auma, Kaeser, Atlas Copco, Pentair, Idex, SIHI, Proserv, Eniprom, Davey Pumps, Hepworth, and Technopro. - TradeArabia News Service