Metso Strengthens Its Valve Supply in India

Source: www.gulfoilandgas.com 4/12/2012, Location: Asia

Metso opens a new valve supply and service center in Vadodara, India. The new supply center supports company’s strategy to grow valve business globally and strengthens Metso’s service capabilities in India for major petrochemical, energy, and oil and gas companies such as Reliance Industries Ltd, Indian Oil Corporation, Technip, Praxair India Pvt Ltd and PRAJ Industries Ltd.

“The market in India is growing. Last year we doubled our order intake for valves and related services, and expect the good development to continue. Establishing a new supply center to India is a step going forward in widening manufacturing and service capabilities in India’’, says Alok Kishore, Country Manager India, Metso Automation.

This investment is in line with Metso’s long-term strategy to develop and expand its valve offering, delivery and service capabilities for customers in oil and gas, power, pulp and paper industries. It was preceded by a series of investments in Metso’s global offering and presence. Last month Metso announced acquiring a valve technology and service company, Valstone Control Inc. in South Korea. Currently Metso is expanding its valve production premises in the US. Last year, Metso opened a new valve technology center in Finland. In 2010 Metso opened a new valve facility in Shanghai, China. Metso also has high-class industrial valve facilities in Brazil and Germany.

The new valve supply center is located in Vadodara city, 400 km north of Mumbai in the state of Gujarat, where Metso’s service center has been in operation for more than two years. The state of Gujarat has the fastest growing economy in India, and it is also one of the most industrialized states, having per capita GDP almost the double of the national average. The industrial city of Vadodara houses major customers and engineering, procurement and construction companies such as Reliance Industries Ltd., Indian Oil Corporation, L&T and Linde.


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