Thermoplastic oil/gas tubulars facility slated in Holland

€9 million from Holland Private Equity will be used to build what Airborne says is the world's first dedicated manufacturing facility for the continuous production of high-end, fully bonded thermoplastic composite tubulars for the oil and gas industry.

 

Airborne International (The Hague, The Netherlands) reported on Aug. 19 that it has attracted €9 million/$11.4 million (USD) from Amsterdam-based Holland Private Equity to accelerate growth and expansion of the company’s thermoplastic pipe business. The funding is expected to go into construction of what Airborne says will be the world’s first dedicated manufacturing facility for the continuous production of fully bonded thermoplastic composite tubulars for the oil and gas industry, likely located in Rotterdam, The Netherlands. 

According to the company, it developed in-house process technology to manufacture thermoplastic tubular systems over the past 10 years. An existing, fully automated pilot line will be scaled up to industrial-production size. Airborne says the increasing adoption by oil and gas companies of composite tubulars as an alternative to steel has validated the strategic decision to push forward with a dedicated facility. Thermoplastic components for other markets will follow in the future. Airborne CEO Arno van Mourik says, “Our thermoplastic composite tubular products represent an exciting new technology and have the strong potential to fill definite gaps in downhole operations and the ever-growing deepwater subsea market.”

 

Editor Pick

Thermoplastic tubulars: Robust flexibility for offshore wells

In the oil and gas industry, a fiber-reinforced thermoplastic composite pipe (TCP) system from Airborne Composite Tubulars (The Hague, The Netherlands) is providing a less-expensive alternative to the traditional “rig” for flushing subsea wellhead stacks and injecting glycol under pressure.