BSE-listed group set to join ADNOC’s $150bn growth strategy
Sealmatic India Ltd (BSE: BOM: 543782) has formed a partnership with Habshan Trading Company (HTC) in the UAE for selling, repair and refurbishment of Sealmatic mechanical seals in Abu Dhabi to serve customers in the oil and gas, petrochemical, power, water, desalination, chemical and other process industries.
Sealmatic recognizes the immense potential within this market and is eager to bring its expertise, cutting-edge and tailor-made solutions to the UAE.
“As Sealmatic’s presence in the UAE strengthens, so too does the bond between the UAE and India, demonstrating the enduring spirit of cooperation and growth that unites these two nations,” Sealmatic said in a release on 13 Oct 2023.
The partnership aims to benefit from ADNOC’s US$150 billion five-year “accelerated growth strategy” for oil and gas production.
“Thus, this creates a strong demand for high-quality mechanical seals,” said Sealmatic.
Established in 1975, HTC is a 100% locally-owned company of the Al-Mazrouie family. HTC is one of the major suppliers of industrial equipment to the Oil & Gas and Power sectors of the United Arab Emirates.
“The next step will be to extend the benefits of the Sealmatic-Habshan alliance to our customers in UAE,” explained Umar A K Balwa, Managing Director of Sealmatic India Ltd.
“Together, we are even faster and can precisely respond to our customers’ needs 24/7, offering a high level of availability, 365 days a year. Classic, personal, local and global, digitally connected.” Fiinews.com
