Trans Adriatic
Pipeline AG (TAP) has awarded a contract to Corinth Pipeworks S.A. who will
provide approximately 495km of 48” diameter line pipes for the Trans Adriatic
Pipeline across Greece.
This contract award makes up approximately 270,000 tonnes of line pipe.
Ian Bradshaw, Managing
Director at
TAP, said: "We are pleased to be working with Corinth
Pipeworks S.A. for this important contract. I would like to congratulate
Corinth Pipeworks S.A. and its partner Marubeni Itochu Steel inc. for
submitting a robust bid, to the highest industry standards. I also want to
thank all the companies that participated in this tender round. TAP has
employed a rigorous selection process, based on companies’ technical
competence, health and safety standards as well as international best
practice.
Having selected Corinth Pipeworks S.A. as the major supplier of line pipe
required for TAP in Greece, we hope it helps secure employment and brings
longer-term additional investment and benefits to Greece.”
Corinth Pipeworks S.A. is a global supplier of high quality steel pipes for
the energy and construction markets. Based in Greece, Corinth Pipeworks Group
of Companies has subsidiaries in Greece, USA, Russia, Cyprus and Poland and a
representative network of agencies, worldwide. Its Thisvi plant is located in
Viotia, Greece and its annual production capacity amounts 1,000,000 tonnes,
approximately.
Marubeni Itochu Steel Inc (MISI) is one of the largest steel and tubular
suppliers in the world having a consolidated turnover of 2.1 Trillion JPY and
a profit before tax of 40 Billion JPY in FY2014. MISI was established in 2001
in Japan as a 50/50 joint venture of Marubeni and Itochu Corporation.
This year TAP has awarded several contracts: construction and rehabilitation
of
access
roads and bridges in Albania (April 2015), large diameter
ball
valves and actuators (July 2015), and
turbo
compressors (September 2015) and
fittings,
isolating joints and scraper traps (October 2015).
For further information on TAP’s procurement process and the contracts that
it plans to award, please go to:
www.tap-ag.com/project-
opportunities/for-companies