Following the set-up of AS-Schneider Asia-Pacific in 2011, the Armaturenfabrik Franz Schneider GmbH + Co. KG opened a further company, AS-Schneider Middle East FZE, in Dubai in the autumn 2012. The Middle East region has a very important strategic role to play for AS-Schneider, as more than 30% of the world’s oil and more than 20% of global gas reserves lie in the area of the Gulf Cooperation Council, a federation of the Gulf States.
Continuous investment in the development and promotion of enormous oil reserves offers huge potential, and population in the GCC States is set to grow from approximately 43.5 million in 2011 to around 50 million in 2013, it soon becomes clear that it is not just the oil industry that will contribute to future growth. For example, GCC States will have to invest approximately USD 140B by 2020 simply to keep pace with the constant growth in demand for electricity and desalinated seawater.
Industrial valves and fittings, primarily made from special materials, are used in these areas. In contrast with the competition, AS-Schneider is in a fortunate position to be able to handle large projects, for example, the Sadara project in Saudi Arabia, virtually entirely in-house – “Made in Germany”.
AS-Schneider has a large part of the value-creation chain at its disposal thanks to the high vertical integration of its extremely flexible and ultra-modern manufacturing facility in Nordheim and is therefore able to control quality and reliability.
