Fives, an international engineering group, has signed a contract with Husteel to design and supply a complete solution to manufacture oil country tubular goods (OCTG) for its new plant in the USA.
Husteel, part of South Korea’s Shinan Group, is a leading welded tube and pipe manufacturer. The company is investing $122 million into a greenfield plant in Splendora, Texas. Fives will provide engineering, manufacturing and supply of the complete solution to produce tube and pipe with a diameter of 60 to 114 mm and a wall thickness of up to 10mm for the oil and gas industry.
“The new plant in Texas will be our first facility in the United States."Hoon Park, CEO, Husteel.
“The new plant in Texas will be our first facility in the United States. We are relying on Fives’ presence in the local market, its long-standing reputation as a supplier of reliable equipment, and their vast experience. We look forward to starting production in this new facility in 2025,” says Hoon Park, CEO of Husteel.
The scope of supply from Fives will include the following equipment:
• Abbey slitter
• Abbey mill for welded tube and pipe
• Bronx 6-roll straightener
• Taylor-Wilson end facer
• Taylor-Wilson blow out station
• Taylor-Wilson triple-head hydrostatic tester
• Taylor-Wilson dual-head drifter
• Weight measure stencil and coating stations
• Taylor-Wilson packaging system
“We are very proud and excited to be part of this new project delivering our complete solution from slitting to tube finishing. This is our largest fully integrated contract with a renowned manufacturer in our history,” says Jon Dunn, president and chief executive officer of Fives Bronx, Fives' subsidiaries in the US and UK. Both companies specialize in slitters, mills and finishing equipment under the historical brands of Abbey, Bronx and Taylor-Wilson.