Mike Miazga And John Mcnally 0000-00-00 00:00:00
MRC Global, Shell sign five-year agreement For the last 15 years, MRC Global and Shell have worked together throughout the world. In May, the companies continued their longstanding relationship as Houstonbased MRC signed a five-year global enterprise framework agreement for distribution of valves and automation services. The EFA covers Shell's upstream, midstream and downstream project and maintenance repair operations requirements in North America, Europe, Australia, Asia, the Middle East and Africa. It also covers carbon steel, stainless and alloy pipe, fittings and flanges in the U.S. and stainless steel and alloy pipe, fittings and flanges in Canada. With the agreement, Shell expects MRC to be the single-source provider of valves and the central distributor of the other products to Shell's business units in the specific areas. "We are pleased that Shell continues to place its confidence in MRC to supply its operations with these important products," MRC Chairman, President and CEO Andy Lane said. "Based on activity projections, this five-year agreement represents the largest distribution contract that we have entered into with a global customer. By providing a 'one-stop' distribution platform for these products, we will assist Shell in driving standardization of its PVF materials requirements throughout its global organization." In other MRC Global news, the company recently announced it agreed to acquire the majority of operating assets of Chaparral Supply in Cherokee, Okla. Chaparral Supply is a wholly-owned subsidiary of SandRidge Energy and provides PVF products and oilfield supplies to its parent organization. MRC expects to merge Chaparral's employees and specific inventories and assets with MRC's existing Alva, Okla., service location. The closing of the deal was expected to be completed in June. As part of the transaction, the companies also will enter into a supply agreement whereby MRC will be the primary PVF and oilfield supply distributor to SandRidge's operations in Oklahoma and Kansas. 2013 PVF expo moving to larger venue Due to increased demand for space, the 2013 Valve World Americas Expo & Conference will move to the George R. Brown Convention Center in Houston and be held June 25-26, 2013. The 2011 expo was held at the 13,280-sq.-ft. The Woodlands Waterways Marriott Hotel & Convention Center near Houston and featured 93 exhibitors from the United States, Canada, Asia, Europe and Latin America. The Brown Convention Center has over 1.8 million sq. ft. Of space to utilize. Attendees will get a thorough overview of technical innovations regarding valves, valverelated products, valve-related piping products and sealing materials among other products. Metal shipments grow in May After a down month of April, the Metals Service Center Institute reports a 9.7% growth of steel shipped in the United States from May 2011. U.S. Service Centers moved 3,842.2 thousand tons of steel in May 2012. For the year, centers have moved 18,578 thousand tons, a 7.5% increase from the same time in 2011. Steel inventories were at 9,080.3 thousand tons at the end of May 2012, a 9.5% increase from the same time last year, but a 0.7% decrease from April 2012. There was a 6.8% increase in aluminum shipments in May, with 136.1 thousand tons being shipped by service centers. For yearto- date 2012, 664.2 thousand tons have been shipped, a 5.6% increase from the same time in 2011. ACQUISITIONS Michigan-based Quality Pipe Products acquired the assets of New Jersey-based Standard Nipple Works - now named Standard Pipe Products. The new company will now have a larger offering of domestic nipples manufactured from stainless steel, seamless and welded pipe for a complete range of pipe fittings. Quality Pipe Products specializes in manufacturing and custom fabrication of pipe nipples made from all metals, both domestic and imported. Liverpool, N.Y.-based American Granby acquired Canadian company CB Supplies and its affiliates.The assets include Vanguard Pipe and Fittings, Canfit Industries, Canip Industries and Seymour Industries, which all operate throughout Canada.
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