Ferrostaal Piping sets up in Houston
Sep 23, 2013 | 05:45 PM
| Catherine Ngai
NEW YORK Ferrostaal Piping Supply GmbH is inaugurating its first U.S. office in Houston to take advantage of a competitive energy market.
The company, which has more than 60 years experience as a supplier of pipe and pipe accessories such as flanges, fittings and elbows, traditionally works with large engineering, procurement and construction companies, especially petrochemical, refineries and fertilizer plants.
However, while much of Ferrostaals activity has been concentrated on Germany and Western Europe, it is moving quickly into North America due to low-cost natural gas, a top executive said.
"Pipe has been an important import item into the U.S. for a number of years already and is probably one of the largest importers of pipe in the last few years. Today, when we talk about the U.S., everyone is talking about fracking," Ulrich Pruss, managing director of the Essen, Germany-based company, told AMM an interview. "In the next couple of years, from our point of view, there will be lots of investments in new plantsbe it refineries, petrochemical plants, fertilizer plants, whatever. These plants require lots of pipesseamless pipesplus those accessories. Wed like to play a role in this business."....
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