Financial Daily from THE HINDU group of publications
Thursday, Oct 16, 2003

News
Features
Stocks
Port Info
Archives

Group Sites

Corporate - Announcements
Marketing - Channels and Franchises


Astec Valve gets Dh1 m orders for `GasFuse' product

Vimala Vasan

Abu Dhabi , Oct. 15

ASTEC Valve and Fitting Company (AVFC) has received orders worth an estimated Dh 1 million, for its innovative `GasFuse' product launched at the Arab Oil and Gas Show (OGS) currently under way in Dubai.

The new product is a pressure safety valve that provides zero-leaks shut-off in split seconds in case of accidents. The Indian company had recently appointed Faran Trading as its sole distributor in Iran.

It has also appointed Masdar, a Dar Al Riyadh Holding Company, as its distributor in Saudi Arabia, according to a statement from IC&E, organisers of the show, which was made available to Business Line.

"We have had the opportunity to meet with, and develop channels of trade and communication with visitors from across the oil and gas industry in the Gulf region,'' said Mr Bobby Kohli, Chief Executive Officer, AVFC.

"The product we have launched at the show is a revolutionary one and we have been negotiating with a large number of companies in the region. By the end of the show, we expect to appoint a few more distributors in various countries of West Asia.''

The show is currently being held at Airport Expo Dubai. "The first two days at OGS registered an estimated 2,500 visitors from across West Asia, Iran, the Indian sub-continent and Europe,'' said Mr Anselm Godinho, Managing Director, IC&E.

Article E-Mail :: Comment :: Syndication

Stories in this Section
Kochi Refineries on modernisation path


GNFC plant mishap claims 5 lives
Jai Balaji to float Rs 10-cr IPO
BSES gets 50 offers for power purchase plan
BSES to introduce pre-paid power
Shriram group strikes it rich in Hi-Tech Arai deal
Astec Valve gets Dh1 m orders for `GasFuse' product
Kopran product bags US patent
Caterpillar to increase sourcing from India
Natco gets DSIR award
BSES net jumps to Rs 88.83 cr in Q2
Padmalaya Tele Q2 net up
Micro Labs acquires Dr Reddy's Pondy plant
Bikanervala to set up units in Canada, Dubai
Voltas sets up shop in Dubai
Chinese ceramic co to set up unit in Gujarat
Le Meridien hotels at Ahmedabad, Kovalam, Jaipur soon
Tata group cos exempted from open offer for TFL
Strides signs supply pact with Japanese co
Genome, Shasun in bioinformatics deal
FMCG majors brainstorm to ease supply-chain bottlenecks
Cost management workshop by Kerala-CII
FACT revival: Time running out?
Rival unions clash; Chittivalasa mill locked out again
RSP's new mantra to achieve 100% capacity utilisation
Everest on growth path; plans fresh investments
Alloy Steel's saleable steel output up 15 pc
New Ranbaxy CFO


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line