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news

business & market

12

Tube Products International July 2008

www.read-tpi.com

BASF names Swagelok as a

global preferred A-supplier

Swagelok Company has announced its designation by BASF as a global

preferred A-supplier for fluid systems technologies. The award was celebrated

with the signature of a new agreement and the handover of a BASF Procurement

Verbund Global Supplier Certificate, awarded to companies that both meet the

company’s worldwide procurement standards and have attained outstanding

standards for technical innovation and product quality.

Associates from Swagelok Company and BASF attended the certificate presentation

BASF’s portfolio includes chemicals, plastics, performance products, agricultural

products and fine chemicals, and it uses Swagelok

®

products in a variety of

applications.

Swagelok Company is a developer and provider of fluid system solutions,

including products, assemblies, and services for the research, instrumentation,

pharmaceutical, oil and gas, power, petrochemical, alternative fuels, and

semiconductor industries. The company delivers its products and services not

only in the United States, but also in Europe and in Asia.

MatthiasFankhänel, senior vicepresident, BASFglobal procurement and logistics,

commented, “

BASF sets demanding standards and has high expectations

towards its suppliers. Swagelok deserves our recognition because it has been

working very hard to meet these standards. The certificate acknowledges

Swagelok’s success and establishes new goals for BASF’s suppliers.

Arthur F Anton, Swagelok president and chief executive officer, said, “

We are

tremendously proud and grateful that BASF has demonstrated its continued

trust and confidence in our ability to provide the highest levels of performance,

quality, and on-time delivery. As the preferred supplier, we are now in a position

to provide BASF with its desired global support for Swagelok products through

our extensive network of authorised sales and service centres around the

world.

Swagelok Company

– USA

www.swagelok.com

Swagelok Europe

– Switzerland

www.swagelok.com

BASF

– Germany

www.basf.com

3

rd

International

Tube & Profile

Exhibition

The 3

rd

International Tube & Profile

Exhibition will be held 6-8 August 2008

at Hejab Hall, Tehran, Iran.

The exhibition aims to gather together

those active in tube and profiles, in-

cluding producers, related organisations

and specialists, in order to showcase

and represent the latest products and

industrial technology in the field of

tube and profile industry software and

hardware. The event will also feature

discussions about the obstacles and

challenges faced, domestic and foreign

market strategies, and counselling about

goal development methods.

The previous exhibition was attended by

32 Iranian organisations and 12 foreign

organisations from seven countries (UK,

Italy, Germany, Russia, China, Malaysia

and India).

Mine & Mining Industries Database

– Iran

hossein_yaftian@yahoo.com

Linde Group sells

valve production

facility

Gases and engineering company The

Linde Group, Germany, has sold its

MAPAG Valves GmbH valve production

facility to the international technology

corporation Metso, Finland, at an

enterprise value of

36 million. The

contract will enter into effect on approval

from the relevant anti-trust authorities,

andwill allowLinde’s engineeringdivision

to focus on its core competencies.

MAPAG is a specialist in producing high

performance butterfly valves for different

types of plants in the petrochemical, air

separation and liquefied natural gas

industry.

The Linde Group has more than 50,000

employees working in around 100

countries worldwide. In the 2007 financial

year it achieved sales of

12.3 billion.

The Linde Group

– Germany

info@linde.com

www.linde.com