You're reading: Interpipe plans to boost supplies to Iraq

Interpipe, a leading steel pipe manufacturing company, has announced putting in place a local support team to work on the ground based in Basra following approval from South Oil Company (SOC), one of the major fundamental formations of Iraqi national oil company (INOC), as a preferred supplier for the country, reads a company press release issued on Tuesday. 

“Interpipe has appointed a new Iraq country manager with immediate effect based in Basra, to provide company facilities and fulfill on-the-ground security requirements,” reads the press release.

Interpipe is a vertically integrated steel pipe and railway wheel company. It is among the ten largest producers of pipe products and the third largest producer of railway wheels in the world. The Company’s products are supplied to 80 countries all over the world through a chain of commercial offices located in Ukraine, Russia, Kazakhstan, Europe, the United States and the Middle East.

The company includes five industrial assets: Interpipe Nyzhniodniprovsky Pipe Rolling Plant, Interpipe Novomoskovy Pipe Plant, LLC Interpipe Niko-Tube, Dnipropetrovsk Vtormet and Dniprostal Steel Complex under the Interpipe Steel brand.

In 2012, the company’s mills produced about 1.2 million tonnes of pipe and wheel products.

The end beneficiary in Interpipe is Ukrainian businessman Victor Pinchuk and members of his family.