Investment in Kazakhstan

Flexitallic Group’s gasket manufacturing Joint Venture in Kazakhstan has completed an investment in new production technology to meet the demands of the country’s oil and gas sector. Novus Sealing Caspian (NSC) LLP, which is a joint venture between Kazakhstan’s Yulmar Services and Flexitallic UK, has acquired and commissioned additional manufacturing equipment to increase capacity and capability after securing further supply agreements with its main customers in North Caspian. The 200,000 euro investment extends NSC’s Flexpro Kammprofile gasket production capacity at its facilities in Atyrau, where it manufactures a range of static sealing products including Flexitallic’s globally-renowned collection of spiral wound gaskets. As the sole in-country gasket manufacturer, NSC has built a strong presence in the local oil and gas sector having secured a number of significant service and supply agreements with key operators in the Kazakhstan and North Caspian markets. In accordance with Republic of Kazakhstan directives, NSC also holds CT-KZ certification, which acknowledges its commitment to supporting locally manufactured products. Employing 20 Kazakh nationals, predominately in production and engineering roles, NSC is supported by Flexitallic’s experienced engineers and product development specialists that are responsible for UK, Europe and the Middle East. Since NSC began production four years ago, the joint venture has also won a number of awards and received recognition for its sealing solution services and supply from a number of leading oil and gas operators. Nigel E. Hall, Regional Sales Manager for Flexitallic, said: “We have made significant progress in the past four years and this latest investment demonstrates the growing position we have in the Kazakhstan oil and gas market. “There is massive potential in this oil and gas-rich region, which has previously had to rely on imported sealing technology; however, following the establishment of our Joint Venture we have not only been able to support the Republic’s drive to increase in-country manufacturing, but also give operators immediate and local access to products, expertise and skills.” For more information on the range of products and services available visit www.novussealingcaspian.kz

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