Specialist cable manufacturer Tratos Cavi has revealed it is hoping to expand in the Middle East
Tratos Cavi CEO, Dr Maurizio Bragagni, spoke about the company’s plans for expansion at the Tratos Open Day, which took place on 27 March 2014 at the Goldsmith’s Centre in London, UK.
Currently involved in a number of discussions with firms in the Middle East, Tratos Cavi is aiming to establish a joint venture (JV) company to serve the region, including the oil and gas sector, Bragagni said.
“There are two or three negotiations in the area to develop a joint venture to produce products there [the Middle East],” he commented.
“This is a company that will be built specifically to serve the local market,” Bragagni added.
Although unable to reveal specific details about the JV negotiations, Bragagni added that Tratos Cavi was hoping to share its knowledge with other companies in the region.
“What we are now hoping for at a company like Tratos… is to be able to transfer know-how,” he commented.
Tratos Cavi has previously supplied specialist cables to projects such as Gasco’s third Natural Gas Liquids (NGL) Train Project in Ruwais, Abu Dhabi, for which it provided US$1.37mn worth of instrumentation cables.
