Oil & Gas Company Registration In UAE

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Oil & Gas Company registration in UAE Jul 20, 2016
UAE WILL BE NEW BASE FOR THE OIL & GAS INDUSTRY
The US-based fuel injection system developer Stanadyne has established its first Middle East manufacturing facility at Sharjah Airport International Free (Saif) Zone to produce diesel fuel pumps and injectors for the regional market.
The company has also signed a long-term agreement with Millat Tractors Ltd. of Pakistan, whereby the company’s new plant would produce diesel fuel pumps and injectors for the tractor manufacturer.
Sanjay Chadda, Managing Director of Stanadyne, said the company already owned manufacturing plants in China, India, Italy and the US.

“With rigorous emissions standards coming into effect around the globe, our goal is to establish a nearby presence to better serve our customers and support the fuel system transition necessary for lower emission engines,” Chadda said, adding that “we’re working to establish partnerships that will allow us to apply our best-of-breed technology and enable customers to expand their share in domestic markets and increase exports.”
The Stanadyne-Millat agreement, inked by both parties at a ceremony today at the Sharjah facility, is for an initial volume of 30,000 mechanical rotary pumps per year. The pumps will be assembled at the Sharjah facility and deliveries from the facility will begin in August of 2016.
“Having a flexible manufacturer local to our region, allows us build tractors faster, more reliably and keep costs down,” said Sikandar Khan, Chairman of Millat Tractors Ltd., which sells nearly 30,000 tractors annually.
“The competitive advantage Stanadyne can provide through their fuel system technology as well as the emissions benefit will help our company grow in local markets and increase our export business.”
Stanadyne’s plant in Saif Zone occupies 600 sqm with capacity to assemble 3,000 diesel rotary pumps a month. Stanadyne will increase 60 employees to 120, including machinists, assembly technicians, administration and management.
PLAN YOUR NEW START–UP FOR OIL & GAS COMPANY IN UAE FOR BETTER MARKET PENETRATION AND GROWTH IN THE VAST SECTOR OF OIL & GAS.
FOR YOUR ASSISTANCE WE HORWATH MAK BUSINESS CONSULTING ARE BASED IN UAE SNICE 1981.
CONTAC FOR FURTHER DETAIL & INQUIRY
Imran siddiqi
Business setup expert | +971563849356

horwathmak
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