Tuesday, June 24, 2008

Business: Van Leeuwen Pipe wins contract for Saudi Kayan Olefins Plant

- Value of Contract in Excess of USD 38 Million
- Supplying Large Quantity Of Carbon, Stainless, Alloy Steel Pipes, Fittings, Flanges
- Strong Reputation for Managing Supply of Piping Material

Singapore, (ANTARA News/PRNewswire-AsiaNet) - Van Leeuwen Pipe and Tube (Singapore) Pte Ltd has been awarded an initial contract of an estimated total value exceeding USD 38 Million for the supply of carbon steel, alloy steel, stainless steel and incoloy pipes, fittings and flanges for the Saudi Kayan Olefins Plant project.

With an annual production capacity exceeding 6 million metric tons of (petro)chemical products the Saudi Kayan Petrochemical Company is one of the major players in the petrochemical industry. The 1,350,000 tons per annum olefins plant will be erected at the Saudi Kayan cracker complex in the Jubail Industrial City, Kingdom of Saudi Arabia. Kellogg Brown & Root Singapore is responsible for the engineering, procurement and construction management for this project.

Over the past years Van Leeuwen Pipe and Tube Singapore has built a strong reputation for managing supply of piping material. Based on this reputation and Van Leeuwen's proven expertise in the execution of worldwide capital projects for renowned global engineering companies and end-users, the company was selected as the partner of choice to source, expedite, inspect and deliver at least 15,000 tons of pipes, fittings and flanges for the Saudi Kayan Olefins Plant project.

Managing this schedule-driven project, which Van Leeuwen Pipe and Tube Singapore supplies from stocks as well as from more than 20 different manufacturers, will prove extremely challenging.

Regional Managing Director, Hans Weerstra, about the contract: "It is a further acknowledgment of Van Leeuwen's successful strategy to support energy-related industries worldwide with the supply of steel piping material and enhanced services in logistics and project management."

About Van Leeuwen Pipe and Tube

Van Leeuwen Pipe and Tube (Singapore) Pte Ltd is a subsidiary of the Van Leeuwen Pipe and Tube Group BV, an international trading company specializing in steel pipes, pipe components and valves. Headquartered in Zwijndrecht, the Netherlands, Van Leeuwen was founded in 1924 and has since been active in virtually all industrial sectors. The Group currently has 37 locations throughout Europe, Asia, the Middle East and North America. It employs more than 1,100 staff and generates an annual turnover of EUR 750 million.

http://www.vanleeuwen.com
SOURCE: Van Leeuwen Pipe and Tube Group

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