TPT July 2010

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14 July 2010 ›
Industry News
INFRASTRUCTURE plastic pipe systems
manufacturer Radius Systems has struck
a joint venture agreement with the highly
respected Abu Dhabi-based Senaat Group.
The Emirates Conversion Industry
LLC (Senaat) partnership is one of the
emerging investment companies in Abu
Dhabi. It has investments in various sectors,
including metals, marine, infrastructure and
petrochemical downstream developments.
The agreement will bring Radius
Systems’ manufacturing expertise to the
United Arab Emirates and will lead to full-
scale manufacturing in Abu Dhabi. It is part
of a planned global expansion programme
by UK-based Radius Systems, which had a
management buyout in 2008 from previous
parent Uponor of Finland.
Initially, Radius Systems will introduce
high-performance plastic pipes and fittings
systems for potable and non-potable water,
gas and telecommunications to this key
growth area. By providing products – and
subsequently full production processes
– Radius Systems will bring the benefits
of world-class products and expertise to
companies operating in the Gulf region.
Senaat’s investment objective is to
develop industrial downstream projects.
These will contribute significantly to the
achievement of the Abu Dhabi government’s
Economic Vision 2030.
Radius Systems CEO Stuart Godfrey,
who confirmed the agreement had been
‘some time in the making’, said: “We were
looking for a professional partnership to
expand our international operations. The fit
with Senaat was perfect, with our respective
backgrounds in oil and gas derivatives.”
Andre van Uffelt is CEO at Senaat, and
he commented: “We are proud to have a
partner like Radius Systems investing and
delivering a commitment into our region.
Based on the Economic Vision 2030 we
aim to set up industries offering long-term,
sustainable solutions for the Emirate of
Abu Dhabi. With Radius Systems we have
a partner offering technology, processing
and application expertise. Furthermore, with
their product portfolio, we are in a position to
enhance and improve piping systems for oil
and gas applications.
“It is becoming increasingly important to
offer high quality systems for sewage and
drinking water.”
Radius Systems – UK
Fax: +44 1773 812343
Email:
Website:
Radius Systems enters
joint agreement with Senaat
ALMOST 69,200 trade visitors from over
100 countries attended the trade fairs
Tube and wire in April 2010, to gather
information on the latest machinery,
equipment and products from the wire,
cable and tube processing industries. Over
2,400 companies exhibited at the combined
event.
Constructive talks, avid interest in
purchasing and actual deals, as well as
expectations regarding interesting follow-up
business, all characterised the atmosphere.
For wire, 63% of trade fair visitors travelled
to Düsseldorf from abroad, and for Tube the
international proportion of visitors stood at
55%.
Following the successful close of the
2010 event, the new trade fair dates
for 2012 have been set: the exhibitions
will once again be held concurrently in
Düsseldorf, from Monday 26 to Friday 30
March. Constantly updated information
for exhibitors, visitors and press
representatives can be found in the periods
between fairs on the two web portals: www.
tube.de and
Messe Düsseldorf – Germany
Email:
Website:
Tube and wire 2010 declared a success
as organisers looking ahead to 2012
Radius will use its pipe
manufacturing expertise
in Abu Dhabi