Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
A New Player in the U.S. OCTG Market; Borusan Mannesmann

ISTANBUL, January 2, 2013 /PRNewswire/ --

Turkey's leading steel pipe manufacturer, Borusan Mannesmann, will invest 150 million USD in the United States to establish a steel pipe manufacturing plant to cater to the energy sector. This plant is set to start production in 2014 and will make Borusan Mannesmann a global player in the industry.

Borusan Mannesmann, one of the foremost manufacturers of the European steel pipe industry, prepares to make a strategic investment in line with its vision of becoming a global player. Supplying the U.S. market with pipes used in the energy sector for several years, Borusan Mannesmann now aims to become a local manufacturer in order to be closer to the market and its customer base.

     (Photo: http://photos.prnewswire.com/prnh/20130102/586297 )

To this end, a pipe manufacturing plant with an annual production capacity of 300,000 tons will be established in the United States. With an investment of 150 million USD, the plant will focus its output on OCTG and ERW line pipes. The target revenue for the US-based company is estimated at 500 million USD.

Scheduled to start production by mid-2014, the plant is designed to produce the thick-walled and high-strength pipes suitable for state-of-the-art, advanced OCTG technology used in 'shale gas' production. Final decision on the location of investment is not finalized yet but Texas and Oklahoma are the leading states to attract the investment through their incentive programs. The facility will be built on nearly 125 acres of land and provide 350 people with employment when it becomes operational.

A First in the Steel Pipe Sector

Agâh Uğur, Borusan Holding Group CEO, comments on the subject as follows:

"Borusan Mannesmann is among the leading players of the steel pipe market in Europe. One of its top goals is to become a global player in the pipe industry. This investment is not only a way to insert Borusan Mannesmann into the U.S. market; it is also the first step to becoming an international manufacturer.

As a Turkish firm that has made a name for itself through its success in exports, Borusan Mannesmann now strengthens its global presence with an investment in the competitive, yet widely recognized, market of the United States.  

Borusan Mannesmann grows and expands by focusing on production for high-value-added sectors such as energy and automotive. In a first for the Turkish industry, we are now becoming the first Turkish company to invest in the steel pipe sector in the United States with this venture. This is our second overseas investment after our automotive pipe manufacturing plant in Italy. We have a strategic and long-term view of the American market due to its size and quality approach. Favorable changes to the energy policies in the United States, as well as the advancements in the shale gas technology, were the factors that hastened our investment decision at this time of global recession."

Underlining that "OCTG and line pipes are a promising future market," Borusan Mannesmann, Board Chairman Semih Özmen, added:

"Investing in a product that requires the use of advanced technology such as OCTG pipes requires significant know-how and expertise and our new CEO, Buddy Brewer, is among the few individuals with the experience and knowledge to carry this through. Not only that, Borusan Mannesmann is among the few firms with the strength to make such an investment."

Successful rise in the U.S. market

To date, Borusan Mannesmann has realized many oil and natural gas pipeline projects in Turkey, Central Europe, and North Africa. The Elba Express and Line 300 natural gas pipeline projects brought the company prestige in the U.S. market. Over the last three years, Borusan Mannesmann has become one of the largest international companies that export to the United States the pipes used in oil and natural gas exploration and extraction.  

Thanks to breakthroughs made in the technical and commercial fields, Borusan Mannesmann has increased exports from 90 million USD in 2009 to 184 million USD in 2012. With 40 percent of its exports currently destined for the United States as well as this noted significant increase, Borusan Mannesmann is well on its way to accomplish its goal as a strong local and international player in the market.

Contact:

bmb@borusan.com

SOURCE Borusan Mannesmann

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that...
Every healthy ecosystem is diverse. This is especially true in cloud ecosystems, where portability and interoperability are more important than old enterprise models of proprietary ownership. In his session at 15th Cloud Expo, Mark Baker, Server Product Manager at Canonical/Ub...
Video management and delivery has become increasingly challenging due to the diversity of solutions, mobile devices, platforms and video formats. As a result, companies are often required to piece together multiple solutions and vendors to get what they need. In his session at 1...
The move to the cloud brings a number of new security challenges, but the application remains your last line of defense. In his session at 15th Cloud Expo, Arthur Hicken, Evangelist at Parasoft, to discuss how developers are extremely well-poised to perform tasks critical for s...
As enterprises look to take advantage of the cloud, they need to understand the importance of safeguarding their confidential and sensitive data in cloud environments. Enterprises must protect their data from (i) system administrators who don’t need to see the data in the clear a...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

DALLAS, September 20, 2014 /PRNewswire/ --