RMA Pipeline Equipment establishes Russian facility

Submitted by Paddy Harris on Thu, 2014-05-15 11:10

15th May 2014

RMA Pipeline Equipment, a German pipeline technology manufacturer and service provider, has installed its largest facility to date in the Alabuga special economic zone in Russia’s Tatarstan Volga river republic, according to the Russian new agency ITAR-TASS

RMA Pipeline Equipment establishes Russian facility

At first stage RMA Pipeline will invest around USD 32m (RUB 1,118 bn) in the production of 500mm ball valves which will start in 2014

Declared investments in the Alabuga production project of ball valves for needs of oil and gas industry have made around USD 48.7m (RUB 1.7bn). The plant’s annual capacity will make 11 thousand ball valves.

The project will be implemented in several stages. At first stage RMA Pipeline will invest around USD 32m (RUB 1,118 bn) in the production of 500mm ball valves which will start in 2014. The other part of declared investments will be used for manufacturing 700 and 1,400mm products which will be turned out starting from 2016 and 2021, respectively.

RMA Pipeline Equipment is a producer and supplier of structures and high-quality pipeline equipment as well as controlling and measurement technologies and special components for gas, water and heating supplies. Russian gas giant Gazprom is RMA largest partner in the country.

According to forecasts of RMA Rus, a RMA subsidiary in Russia, the annual output will permit to the enterprise to provide for a 50 per cent market share within next ten years.