The agreement being signed
Pipetec to set up $27.23m pipe bending plant in Kezad
ABU DHABI, 8 days ago
UAE-based Pipetec Solutions Manufacturing has signed a 50-year land lease deal for setting up a AED100 million ($27.23 million) state-of-the-art steel pipe bending plant in Kezad A (Kezad Al Ma’mourah).
The deal was signed with Khalifa Economic Zones Abu Dhabi – Kezad Group, the largest operator of integrated and purpose-built economic zones.
The plant spanning 18,000 sq m will make use of advanced induction-bending technology to manufacture and deliver high-quality precision-engineered pipe bending solutions for oil and gas, construction, petrochemicals, power, automotive, aerospace and shipbuilding industries.
Pipe bending industry
Pipetec Solutions Manufacturing is a local manufacturing company, and a new entrant in the hot induction pipe bending industry, offering solutions using a range of materials including carbon, alloy and stainless steel that ensure strength, versatility and efficiency.
Hot induction pipe-bending process delivers precision without compromising on material integrity. The facility in Kezad will leverage their expertise on precision bending to provide innovative and efficient solutions.
The facility is slated to start operations soon and will operate with the highest standards of quality and safety, adhering to international safety codes for mechanical equipment. Pipetec is united with Kezad in following environmental guidelines in their manufacturing practices to ensure minimal environmental impact.
Pipetec Solutions Manufacturing is a telling example of the UAE’s Make-it-in-the-Emirates programme that encourages the growth of the local economy through industrial development and achieve self-sufficiency in vital sectors. The partnership with Kezad is reflective of a shared vision in building resilient systems for manufacturing with a commitment to setting standards in innovation and sustainability.
Growth of local manufacturing
Mansoor Al Marar, VP, Industrial Business Development, Kezad Group, said: “Being a strategic enabler of Abu Dhabi’s industrial goals, Kezad has been steadily encouraging the growth of local manufacturing. Pipetec Solutions Manufacturing is a Made-in-UAE company, and like Kezad Group, they are an advocate of the ambitious national Make-it-in-the-Emirates programme. Together, we are proud partners in taking this initiative forward.
“Kezad envisions a future built on innovative measures for sustainable industrial development, and with Pipetec Solutions’ commitment to sustainability, we are one step closer to achieving this goal. We hope this partnership continues to deliver and becomes a driver of growth for the economy.”
Heena Kalantri, Director of Pipetec Solutions Manufacturing, said: “We are thrilled to partner with Kezad Group to establish our state-of-the-art only hot induction pipe-bending facility with the capability of bends from 4-inch diameter to 80-inch diameter over two production lines. This collaboration aligns with our commitment to innovation and sustainability, and we are excited to contribute to the UAE’s industrial growth. Our advanced induction-bending technology will enable us to deliver high-quality, precision-engineered solutions to our clients across various industries, ensuring efficiency and strength in every project.”
Innovation can be the game-changer for manufacturing companies to have an edge in the market, and can enable them to offer more value, improve operational efficiency and stay competitive. Pipetec Solutions’ facility along with the manufacturing ecosystem in Kezad will boost their capability to handle complex projects more efficiently and deliver quality.--TradeArabia News Service