Celeros Flow Technology has signed an agreement with Abu Dhabi National Oil Company (ADNOC) as part of the ‘Make It In The Emirates’ program, which aims to localize manufacturing of critical products for the UAE’s energy industry.
Commenting on the signing, which took place at ADNOC’s 6th Annual Business Forum, Jose Larios, President & CEO says: “This agreement further strengthens our commitment to doing business in the Middle East. It also strengthens our global capability to support cus
tomers with flow control solutions that support the energy transition.”
The ‘Make It In The Emirates’ program is a key part of United Arab Emirates (UAE) strategy to double the GDP contribution of the industrial sector to AED 300 billion by 2031. It aims to stimulate investment in local manufacturing of critical products in support of diversification of the kingdom’s industrial and manufacturing infrastructure.
The agreement sets out Celeros Flow Technology’s intention to manufacture its ClydeUnion Pumps products locally in the UAE, supporting the delivery of ADNOC’s 2030 strategy as it cements its position as one of the world’s leading low-cost, lower-carbon intensity energy producers.