Wednesday, August 17, 2016

News: AESSEAL secures overseas deal

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Rotherham manufacturer AESSEAL has landed a five year managed reliability contract with leading petrochemical company, SABIC.

With global headquarters at Templeborough, AESSEAL manufactures seals to stop leakage of harmful liquids and gases into the environment for a wide range of industries, including oil and gas, food, water, mining and pharmaceuticals.

The contract is for the mechanical seals and seal support systems at SABIC's petrochemical production site at Geleen in the Netherlands. The fixed fee contract is based on the Mechanical Seal Reliability Strategy set by SABIC across all of its sites. This includes the supply and repair of the mechanical seals used on over 600 rotating equipment assets.

Martin Lister, international contract manager at AESSEAL, said: "We are extremely pleased to receive this contract from SABIC. We have been working with SABIC now for many years and the awarding of this contract reflects the appreciation of the services we have delivered to the SABIC facilities we work with."

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SABIC (Saudi Basic Industries Corporation) is one of the world's largest petrochemical manufacturers with operations in 50 countries with a worldwide workforce of more than 40,000 employees. The Geleen facility in the Netherlands, taken on with the acquisition of DSM in 2002, is one of SABIC's five largest petrochemical production sites in Europe (the others are at Teesside in the UK, Bergen Op Zoom in the Netherlands, Cartagena in Spain and Gelsenkirchen in Germany) and houses two naphtha crackers and several polymerisation plants for the production of polyethylene and polypropylene.

The deal follows on from the "milestone" deal announced in June with Total for a five year managed reliability contract for its mechanical seals at Lindsey Oil Refinery in Lincolnshire.

AES Engineering Ltd, parent to the AESSEAL Group, reported in its annual results for the year to December 31 2015 that sales improved slightly by 1% from £141.8m to £142.9m. The company said that if adjusted for currency fluctuations in the year, the organic sales growth would be 3.5%.

AESSEAL website

Images: SABIC


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