MRC Global’s subsidiary, MRC Transmark Middle East FZE, has signed a framework agreement with Saudi Basic Industries Corporation (SABIC), naming MRC Transmark Middle East as one of SABIC’s primary valve suppliers to SABIC’s operations in Saudi Arabia.
The new framework agreement covers MRC Global’s supply of valves to all 22 of SABIC’s production complexes in Saudi Arabia and is an expansion of their current framework agreement, which includes all of SABIC’s European facilities. Through its subsidiary, McJunkin Red Man Corporation, MRC Global has also served as the primary pipe, valve and fitting (PVF) provider to SABIC’s US operations for more than 25 years.
“We are grateful for the trust SABIC has placed in MRC Global with this agreement”, Andrew Lane, MRC Global chairperson, president & CEO, said. “We look forward to expanding upon our strong relationship and solid track record to support SABIC in one of the most important energy producing countries in the world.”
MRC Transmark Middle East will initially support SABIC’s Saudi Arabian business from its regional distribution centre in the Jebel Ali Free Zone. MRC Global is committed to opening a technical support and storage facility in the Kingdom of Saudi Arabia and is in the final stages of agreeing to the details with a local partner.
