MT Group signed a contract with Everllence Switzerland, formerly MAN Energy Solutions, for a 5 MW high-speed electric compressor with magnetic bearings for the Jauniunai compressor station in Lithuania, in partnership with Amber Grid.
MT Group, through subsidiaries MT OKAY and MT YINGLIU, is establishing a 11,500 sqm valve manufacturing facility in Abu Dhabi as part of Phase 2 of its supply chain expansion. The planned investment is up to AED 100 million and about 200 skilled jobs are expected.
Valves West Africa, a subsidiary of MT Group, plans to build an industrial valves manufacturing facility in Lekki Free Zone, Lagos, targeting 15,000 valves annually. The plant will serve Nigeria's oil and gas and petrochemical sectors.
MT Group inaugurated its first overseas manufacturing center, a valve factory covering 6,000 square meters in Abu Dhabi's AL MARKAZ industrial zone, to localize production and serve Middle East and North Africa customers.
Shanghai-based MT Group signed an agreement with Abu Dhabi Department of Economic Development to build an API valve facility in ALMARKAZ, Waha Land Industrial Zone, Abu Dhabi. The first phase of 30,000 valves per year is due by end 2023, rising to 150,000 valves by 2028 with over 200 jobs.