IronWeaver set to become Nigeria’s ‘sole’ valve manufacturer
Flow control equipment manufacturer IronWeaver is set to begin production in Nigeria, according to an article in The Nation.
Representatives from the company said that once they begin operations in Nigeria, they will be the sole local manufacturer of valves in the country as well as the only company providing services and equipment.
“Demand for our products is strong. Nigeria imports over $380 million in valves per year. That number will be up by 2018 as the majors work through the backlog of liquid fuels and gas projects. Plus, there is the focus of public and private spending on refinery and power generation infrastructure. Furthermore, the NCDMB’s requirement that 60% of project valves be sourced from local manufacturers remains in place” Ada Obua, IronWeaver’s managing director and CEO, told The Nation.
“IronWeaver manufactures and services industrial flow control equipment and related instrumentation in Nigeria. Our goal is to be a recognised leader in producing valves, actuators, positioners, pumps and related equipment. We leverage industry-standard technology to deliver reliable precision-engineered equipment in-country, and so support customers’ success with technical, economic and participation goals.
The company’s product lines will include air-operated double-diaphragm pumps, centrifugal pumps, electrical submersible pumps, gas operated pumps, helicoaxial pumps and water injection pumps among others.
Obua told The Nation that she was hopeful the new venture would place IronWeaver in a strong position in the Nigerian market.
“IronWeaver’s manufacturing and service operations are executed from its facilities in Ukwa, Abia State in Nigeria. The company will be the only supplier in Nigeria to run its entire machining and assembly manufacturing process in-country.
“As such, IronWeaver is uniquely positioned to be the prime Tier 1 supplier to engineering, procurement and construction (EPC) companies and international oil companies (IOCs) for tendered projects. Our differentiated supply chain and operational excellence delivers world class precision-engineered products, and creates value for our customers, in terms of reliability, delivery, economics and participation goals.”