Partnership6 Jan 2025, 03:00 pm
Sealmatic India Limited Partners With Fluiten OOO In Russia
AI Summary
Sealmatic India Limited, listed on the Bombay Stock Exchange (BSE: BOM: 543782), has announced a strategic partnership with Fluiten OOO. This collaboration aims to cater to the diverse demands of Russian industries while delivering world-class mechanical sealing solutions. The partnership will focus on the sale, repair, and refurbishment of Sealmatic mechanical seals, targeting prominent end-users such as Lukoil, Rosneft, Gazprom, EUROCHEM, and other EPC companies. The partnership also seeks to serve key process industries, including Petrochemical, Power, Water, Desalination, Chemical, Mines & Minerals. The companies aim to capture a significant share of the USD 150 million mechanical seals market in Russia.
Key Highlights
- Sealmatic India Limited partners with Fluiten OOO for Russian market expansion
- Collaboration aims to serve prominent end-users such as Lukoil, Rosneft, Gazprom, EUROCHEM, and other EPC companies
- Partnership targets key process industries including Petrochemical, Power, Water, Desalination, Chemical, Mines & Minerals
- Sealmatic to bring its expertise and cutting-edge solutions to the Russian Market
- Companies aim to capture a significant share of the USD 150 million mechanical seals market in Russia