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Exports: Sealmatic-STG to supply seals to Saudi market

Fiinews by Fiinews
October 14, 2024
in Exports
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Mullaji says alliance to precisely respond to customers’ needs 24X7

Sealmatic India Ltd (BSE: 543782) says its agency agreement with Saudi Thalate General Manufacturing Industrial Co Ltd (STG) is a significant step in the cash-rich Kingdom’s mechanical seals market currently valued at US$150 million.

“The next step will be to extend the benefits of the Sealmatic and Saudi Thalate (STG) alliance to our customers in the Kingdom, as, together, we are even faster and can precisely respond to our customers’ needs 24/7,” said Samir Mullaji, Assistant Vice President of Sealmatic India Ltd nseindia .

“Hence, offering a high level of availability, 365 days a year. Classic, personal, local & global, digitally connected,” he said on 14 Oct 2024, announcing the agreement sbi.com.in .

Shaukat Marediya, handling business development at Saudi Thalate (STG), explained the Sealmatic-STG alliance plan, “We have joined forces to offer our customers a service package that can be tailored to all applications while at the same time progressively expanding our joint global service presence. The partnership also emphasizes the continuous training of technical personnel to ensure top quality service and customer satisfaction adipec.com .”

Together Sealmatic and STG are poised to transform the landscape of mechanical seals in Saudi Arabia. Thus, dedicated to delivering exceptional service and innovative solutions while demonstrating a robust commitment to the customers throughout the region conexpoconagg .

The relationship between Saudi Arabia and India has grown stronger in recent years, particularly in areas such as trade, energy, investment and strategic partnerships. Thus, exploring the investment opportunities in both countries, focusing on sectors such as infrastructure, mining, renewable energy, agriculture and so on. India, being the world’s third largest consumer of crude oil, depends heavily on the Kingdom to power its economy jpx.co.jp/english/.

Saudi Arabia, the world’s second largest producer of crude oil, plays a dominant role in the global energy landscape, producing approximately 12 million barrels of crude oil per day. The country has the largest proven crude oil reserves, with Saudi Aramco, a state-owned oil company, playing a dominant role in exploration, production and refining opec.org .

In addition to crude oil, the Kingdom is a major producer of refined petroleum products and petrochemicals. As the process industries in the Saudi region continues to grow and modernize, the need for high quality, reliable sealing solutions has been even greater sgx.com .

Saudi Thalate General Manufacturing (STG) is a 100% locally owned company with over 13 years of experience in delivering innovative industrial solutions. As one of the major suppliers of equipment to the oil & gas and power sectors in the Kingdom fsc.org.sa .

Sealmatic and Saudi Thalate (STG) have partnered for selling, repair and refurbishment of mechanical seals in Saudi Arabia to serve customers in the oil&gas, petrochemical, power, water, desalination, chemical and other process industries sabic.com . fiinews.com

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