Arkema: joint venture with Barrday
(CercleFinance.com) - Arkema and Barrday announced on Thursday the creation of a joint venture to manufacture and sell carbon fiber and specialty polymer tapes for the oil and gas industry.
The joint venture, called Barrflex TU, will produce tapes that "will deliver substantial improvements in terms of weigh reduction (replacement of metal) and corrosion resistance for the flexible pipes used in the deep offshore as well as onshore operations of tomorrow."
Christophe André, Executive Vice-President, advanced materials at Arkema said, "Our respective capabilities and expertise are highly complementary, and this new integrated offering will deliver high added value to our pipe manufacturing customers as well as the major oil groups".
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The joint venture, called Barrflex TU, will produce tapes that "will deliver substantial improvements in terms of weigh reduction (replacement of metal) and corrosion resistance for the flexible pipes used in the deep offshore as well as onshore operations of tomorrow."
Christophe André, Executive Vice-President, advanced materials at Arkema said, "Our respective capabilities and expertise are highly complementary, and this new integrated offering will deliver high added value to our pipe manufacturing customers as well as the major oil groups".
Copyright (c) 2018 CercleFinance.com. All rights reserved.