Leading global manufacturer of line pipes, MAN Industries, having total installed capacity of 1 million MTPA, is expecting to close 2024 with orders worth INR 1,300 crore, while looking forward to becoming carbon neutral by 2030. The company recently conducted successful testing of its pipes for transportation of hydrogen by one of Europe’s leading laboratories. This was shared by Mr. Nikhil Mansukhani, Managing Director, MAN Industries, while interacting with Tube & Pipe India magazine.
Theme of Participation & Product Showcase
MAN industries offers a wide range of product portfolio catering to all major welded pipe requirements of our customers. We are a popular brand both domestically and internationally, which has managed to manufacture and supply over 13000 km of pipes globally for various applications meeting all international project standards. We will be showcasing our Electric Resistance Welded (ERW) pipes, along with our stainless steel pipes & tubes at the event.
Our theme of participation at Tube Dusseldorf 2024 is the successful testing of our pipes for transportation of hydrogen by one of Europe’s leading laboratories. This has enabled us to seamlessly deliver up to 5 lakh tonnes annually from our existing setup, incurring a marginal capex of INR 40-50 crore. It is also a significant step towards zero emissions and energy independence.
Recent Developments
MAN Industries had inaugurated its brand new ERW pipe plant in March 2023. The new ERW plant is a significant addition to our manufacturing capabilities, and it expands our production range from 6” OD to 130” OD. MAN Industries has a current order book (under execution) of around INR 900 crore and new orders worth INR 400 crore. With a combined order book of INR 1300 crore, MAN Industries has had a steady start in 2024. The orders are from both domestic and international markets.
Future Plans
At MAN Industries, we believe in sustainable growth and hence, have designed our businesses as per ‘The Triple Bottom Line’ approach, wherein we commit ourselves to focusing on social and environmental well-being as much as we do on making profits. Based on this approach, MAN Industries has set its short term goal of setting up wind and solar power units in its manufacturing facilities and has invested a substantial capital in realizing the same. This is in line with the company’s Target 2030, wherein we plan to become carbon neutral in the next six years.
Apart from these, the company has planned multiple upgradation projects to increase the size range offerings of its pipes. MAN Industries is in the process of setting up a greenfield stainless steel seamless pipe plant in Jammu & Kashmir. The work on the project is also fully underway and we expect commercial production from the same within the next two years. The hot finish & cold drawn pipes and tubes will cater to the niche segments of hydrocarbon, chemical, marine, dairy & food processing, heat exchangers, automotive, aeronautical, defence, and high-end engineering.
USPs
MAN Industries has carved a unique spot for itself in this highly competitive market by capitalizing on its vast and rich experience of more than 35 years and through various planned strategic investments. The strategic location of both our manufacturing facilities ensures that we are well connected with both domestic as well as international markets.
Our close association and exclusive tie-ups with major steel manufacturing companies around the globe help us fetch the best prices for our raw materials. MAN Industries has been financially stable with minimum long term loans and has a proven track record of on-time disbursement of dividends to its shareholders. With the trust of our valued customers and our stakeholders, MAN Industries has distinguished itself as a brand representing reliability and excellence in quality.
Market Footprint and Key Clientele
MAN Industries has executed various prestigious projects in more than 90 countries since its inception in 1988. To cater to the Middle East and African countries, the oil and gas hub of the world, MAN Industries has set up a dedicated sales office in Dubai to attend to the customers in the region. It is an approved vendor in most of the major oil & gas companies in the world. Our key clientele includes ADNOC, ONGC, GASCO, Kuwait Oil Company, Petroleum Development Oman, NNPC, KNPC, Bharat Petroleum, GTCL, SOC, Petrofac, Petrobras, QatarEnergy, NMDC, Maire, Bechtel etc.
Visit Stand: Hall 4 / F03 at Tube Dusseldorf
