Latest news with #MTGroup
Yahoo
22-07-2025
- Business
- Yahoo
MT Group secures infrastructure contract for Brunsbüttel FSRU LNG terminal
MT Group has been awarded a contract to oversee the construction of critical infrastructure at the Brunsbüttel floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal in Germany, a significant step in the country's energy security efforts. The contract, awarded by engineering lead Worley on behalf of the state-owned company Deutsche Energy Terminal (DET), will encompass a comprehensive range of construction services. Under the terms of the contract, MT Group will handle the execution of all topside and onshore-based infrastructure. This includes mechanical, piping, electrical, instrumentation and civil installation works, as well as the integration of the FSRU into the existing grid system. This project is part of the terminal's second phase of development, which involves the permanent relocation of the FSRU to its final jetty position. The Brunsbüttel FSRU terminal plays a central role in Germany's strategy to diversify its energy sources and enhance national energy security, especially considering the cessation of Russian pipeline gas due to the Ukraine crisis. Germany has expedited the implementation of several FSRUs to maintain a steady and flexible supply of global LNG. The Brunsbüttel facility, operational since 2023, is one of three terminals managed by DET in Germany. The upcoming phase will see the FSRU move to a newly constructed jetty, further solidifying the terminal's operational capabilities. This contract follows MT Group's previous agreement in October 2024 with Gasfin to construct a 50MW heater facility at Brunsbüttel, which is now nearing completion. MT Group CEO Mindaugas Zakaras said: 'This contract marks an extraordinary moment for our company. 'Being selected to contribute to such a strategically important infrastructure project in Germany is not only a testament to our technical capabilities, but a recognition of the trust we have built across the European energy market. Together with Worley and Deutsche Energy Terminal, we are fully committed to delivering the highest standards of safety, quality and execution excellence. This project will be a reference of historic importance for MT Group.' "MT Group secures infrastructure contract for Brunsbüttel FSRU LNG terminal" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Trade Arabia
26-05-2025
- Automotive
- Trade Arabia
MT Group launches second phase of Abu Dhabi supply chain expansion
Chinese industrial major MT Group today (May 26) announced the launch of the second phase of its supply chain expansion in Abu Dhabi, marking a significant milestone in the emirate's advanced manufacturing objectives. The launch includes the establishment of a large-scale valve manufacturing facility and a forging unit, both under MT Group subsidiaries - MT Okay and Yingliu. Following the successful commissioning of its Phase One facility, the second phase expansion is being facilitated in collaboration between the Abu Dhabi Investment Office (ADIO) and MT Valves, further deepening the company's industrial presence in the emirate. The Chinese group said the new phase will be jointly implemented by MT Okay and MT Yingliu, both affiliate companies within MT Group, while MT Valve and Industries International, which led Phase One, will co-ordinate efforts for this next stage. Located on a site spanning over 11,500 sq m, the manufacturing facility will integrate smart manufacturing technologies, including automation and digital control systems, to deliver high-performance industrial valves of up to 56 inches in diameter, engineered for use in sectors such as energy, water, and heavy infrastructure. With a planned investment of up to AED100 million ($27.2 million), the facility is expected to generate around 200 skilled jobs, including roles in engineering, operations, and digital manufacturing. The industrial forging unit, spanning 12,000 sqm, will introduce the UAE's first forging operation for precision free and pattern forging, producing components from 2 to 48 inches in diameter. The plant will support high-spec applications across the industrial and energy sectors, utilising smart, energy-efficient systems. Construction on the facility is now underway, backed by a capital investment of up to AED100 million and the creation of 100 new specialist roles. Mohammad Al Kamali, the Chief Industry and Trade Officer at ADIO, said: "MT Group's continued investment in Abu Dhabi is a testament to the Emirate's role as a trusted partner for industrial innovators seeking to scale globally." "With world-class infrastructure, advanced regulatory frameworks and a business-friendly environment, Abu Dhabi offers a compelling platform for manufacturers ready to transform supply chains and expand to international markets," he stated. Snow Feinan Li, the Vice Chair and Group Board Member of MT Group, said: "This expansion marks a defining chapter in MT Group's journey in the Abu Dhabi. By investing in strategic manufacturing capabilities, we are not only localising supply but also exceeding the highest international benchmarks."
Al Etihad
26-05-2025
- Business
- Al Etihad
MT Group launches next phase of its supply chain expansion plan in Abu Dhabi
26 May 2025 20:34 ABU DHABI (ALETIHAD)MT Group launched the next phase of its supply chain expansion plan in Abu Dhabi on Monday, marking a significant milestone in the emirate's advanced manufacturing launch includes the establishment of a large-scale valve manufacturing facility and a forging unit, both under MT Group subsidiaries MT OKAY and MT the successful commissioning of the group's Phase 1 facility, the Phase 2 expansion is being facilitated in collaboration between the Abu Dhabi Investment Office (ADIO) and MT Valves, further deepening the company's industrial presence in the new phase will be jointly implemented by MT OKAY and MT YINGLIU, both affiliate companies within MT Group, while MT Valve and Industries International, which led Phase 1, will coordinate efforts for this next on a site spanning over 11,500 square metres, the manufacturing facility will integrate smart manufacturing technologies, including automation and digital control systems, to deliver high-performance industrial valves of up to 56 inches in diameter, engineered for use in sectors such as energy, water, and heavy a planned investment of up to Dh100 million, the facility is expected to generate around 200 skilled jobs, including roles in engineering, operations, and digital industrial forging unit, spanning 12,000 square metres, will introduce the UAE's first forging operation for precision free and pattern forging, producing components from 2 to 48 inches in diameter. The plant will support high-spec applications across the industrial and energy sectors, utilising smart, energy-efficient on the facility is now underway, backed by a capital investment of up to Dh100 million, and the creation of approximately 100 new specialist Al Kamali, Chief Industry and Trade Officer at ADIO, said, "MT Group's continued investment in Abu Dhabi is a testament to the emirate's role as a trusted partner for industrial innovators seeking to scale globally. With world-class infrastructure, advanced regulatory frameworks and a business-friendly environment, Abu Dhabi offers a compelling platform for manufacturers ready to transform supply chains and expand to international markets."Snow Feinan Li, Vice Chair and Group Board Member of MT Group, said, "This expansion marks a defining chapter in MT Group's journey in Abu Dhabi. By investing in strategic manufacturing capabilities, we are not only localising supply but also exceeding the highest international benchmarks. Abu Dhabi offers a unique value proposition for industrial innovation and export excellence, and we are proud to contribute to the emirate's position as the region's most competitive industrial hub."The expansion forms a cornerstone of MT Group's strategy to build an integrated supply chain ecosystem in Abu Dhabi. By localising the production of essential components and advancing smart technologies, the company is contributing to national efforts to boost industrial resilience, drive economic diversification, and enhance exports. MT Group's Phase 2 expansion complements Abu Dhabi's broader industrial strategy to attract global manufacturing investment, advance smart technologies, and establish the emirate as a destination of choice for high-value industrial production, reaffirming Abu Dhabi's position as a launchpad for global industrial excellence. Source: Aletihad - Abu Dhabi
Zawya
26-05-2025
- Automotive
- Zawya
MT Group launches phase 2 supply chain expansion in Abu Dhabi
Abu Dhabi, UAE – MT Group today has announced the launch of Phase 2 of its supply chain expansion in Abu Dhabi, marking a significant milestone in the Emirate's advanced manufacturing objectives. Announced during the Make it in the Emirates Forum 2025, the launch includes the establishment of a large-scale valve manufacturing facility and a forging unit, both under MT Group subsidiaries MT OKAY and MT YINGLIU. Following the successful commissioning of the Group's Phase 1 facility, the Phase 2 expansion is being facilitated in collaboration between the Abu Dhabi Investment Office (ADIO) and MT Valves, further deepening the company's industrial presence in the Emirate. The new phase will be jointly implemented by MT OKAY and MT YINGLIU, both affiliate companies within MT Group, while MT Valve and Industries International, which led Phase 1, will coordinate efforts for this next stage. Located on a site spanning over 11,500 square metres, the manufacturing facility will integrate smart manufacturing technologies, including automation and digital control systems, to deliver high-performance industrial valves of up to 56 inches in diameter, engineered for use in sectors such as energy, water, and heavy infrastructure. With a planned investment of up to AED 100 million, the facility is expected to generate around 200 skilled jobs, including roles in engineering, operations, and digital manufacturing. The industrial forging unit, spanning 12,000 sqm, will introduce the UAE's first forging operation for precision free and pattern forging, producing components from 2 to 48 inches in diameter. The plant will support high-spec applications across the industrial and energy sectors, utilising smart, energy-efficient systems. Construction on the facility is now underway, backed by a capital investment of up to AED 100 million and the creation of approximately 100 new specialist roles. Mohammad Al Kamali, Chief Industry and Trade Officer, ADIO, commented: 'MT Group's continued investment in Abu Dhabi is a testament to the Emirate's role as a trusted partner for industrial innovators seeking to scale globally. With world-class infrastructure, advanced regulatory frameworks and a business-friendly environment, Abu Dhabi offers a compelling platform for manufacturers ready to transform supply chains and expand to international markets.' Snow Feinan Li, Vice Chair and Group Board Member of MT Group, said: 'This expansion marks a defining chapter in MT Group's journey in the Abu Dhabi. By investing in strategic manufacturing capabilities, we are not only localising supply but also exceeding the highest international benchmarks. Abu Dhabi offers a unique value proposition for industrial innovation and export excellence, and we are proud to contribute to the emirate's position as the region's most competitive industrial hub.' The expansion forms a cornerstone of MT Group's strategy to build an integrated supply chain ecosystem in Abu Dhabi. By localising the production of essential components and advancing smart technologies, the company is contributing to national efforts to boost industrial resilience, drive economic diversification, and enhance exports. MT Group's Phase 2 expansion complements Abu Dhabi's broader industrial strategy to attract global manufacturing investment, advance smart technologies, and establish the emirate as a destination of choice for high-value industrial production, reaffirming Abu Dhabi's position as a launchpad for global industrial excellence. About the Abu Dhabi Investment Office (ADIO): The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi's growth and enabling the emirate's economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources and value-added services. Initiatives focused on regional tourism and retail development, as well as public-private partnerships, ensure that community well-being is at the centre of Abu Dhabi's economic transformation. With a robust network of investors, strong collaboration with key stakeholders and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact. For more information, visit: For more information, please contact: ADIO@
