TPi.indd - page 35

March 2014 Tube Products International
33
business & market news
SPM secures Brazilian
partnership
Special Piping Materials (SPM) has
signed a new storage and distribution
partnership with Brazilian company
Sandech. The deal, closed during the
Offshore Technology Conference in
Brazil, sees the two companies unite
to store and distribute special alloy
pipe, fittings and flanges, mainly in
Duplex and Super Duplex stainless
steel.
Sandech has exclusively represented
SPM in Brazil since 2010, and the joint
venture has arisen due to expanding
business opportunities in the country.
“From the beginning, our intention was
always to bring international companies
to our local market,” commented
Antonio Marques, one of Sandech’s
founders, who will be in charge of
managing the joint venture. “With a
lot of hard work and an increase in
sales volume since the beginning of the
partnership, we’ve showed SPM that
the local unity is justified economically
and financially. The biggest demand for
it came from our clients.”
Les Buckley, director at SPM, said.
“We’ve proven that we are competitive
in Brazil, as all our Duplex and Super
Duplex products of European origin
have recognised quality and the
required traceability. A number of our
Brazilian clients have worked with us
for years through our international sales
network and have welcomed our joint
venture with Sandech as it will give
them local point of contact with global
capabilities.”
Growth in Brazil is expected to intensify
strongly over the next few years, mainly
due to the national oil and gas industry
growth projections, where special
materials are frequently used.
Since 2010 SPM has supplied materials
on many of the FPSOs that were
delivered in Brazil during this period,
and now intends to expand its business
to other industries, such as mining,
paper, cellulose and water desalination.
Special Piping Materials Ltd
– UK
Contech acquires
Midwestern Culvert
Contech Engineered Solutions has
acquired certain assets of Midwestern
Culvert Ltd, operating in Ankeny,
Iowa, USA.
The privately held Midwestern Culvert
primarily produces corrugated metal
pipe products and accessories.
Contech will continue operations at
the manufacturing facility in Ankeny,
expanding the company’s operations
with a location in the state.
“We are excited to complete this
acquisition as we continue to invest
in our pipe solutions business and
strengthen our footprint in the region,”
said Ron Keating, president and CEO
of Contech. “Midwestern Culvert
is a company with solid operations
and
long-standing
customer
relationships, and we look forward
to continuing to provide excellent
quality and customer service under
the Contech portfolio of engineered
products and services.”
As a provider of site solution products
and services for the civil engineering
industry, the Contech portfolio
includes bridges, drainage, erosion
control, retaining walls, sanitary sewer,
storm water and wastewater treatment
products.
Contech Engineered Solutions LLC
– USA
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