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1/19/2015 | 1 MINUTE READ

Edra Equipamentos to join oil and gas market

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Brazil-based composites fabricator Edra Equipmatenos will make pipes, accessories and equipment for onshore and offshore platforms.

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Edra Equipamentos (Ipeúna, Brazil) reported on Jan. 19 that it will soon start making products for the oil and gas industry. A Brazilian manufacturer of composite automatic teller machines (ATMs) and products for the visual communication of banks, the company decided to extend its expertise in composites molding to the manufacturing of pipes, accessories and equipment for onshore and offshore platforms.

“We will start with pipes for carrying oil, salt water, gases and fluids in general, but the idea is to add to our portfolio other solutions in high-performance composites for the operations of oil exploration, extraction and refining,” says Jorge Braescher, president of Edra Equipamentos.

Budgeted at US$15 million, the first phase of this investment is concentrated in industrial expansion, acquisition of equipment and other adjustments.

“We have also invested in the training of a team consisting of professionals with extensive experience in the production of pipes for admittedly complex applications,” Braesche says.

The commercial production of Edra Equipamentos is scheduled to begin in the second quarter of 2015. “We will have a production capacity of approximately 300 km/year of pipes up to 40 inches [116 mm] in diameter. They will be produced from special resins and with specific characteristics to fully meet the needs of different field classifications.”

The president of Edra Equipamentos estimates that in five years the supply to the oil and gas sector should account for an annual revenue of nearly US$75 million. “Brazil has a huge potential in this area, not to mention that there is still little explored opportunities involving composites”.

The new business unit of Edra Equipamentos – which is internally called e-energy – will join five others: e-bank (ATMs); e-visual (visual communication); e-home (furniture); e-modular (modular structures) and e-services (provision of maintenance services). “The scope of e-energy will be even broader, because we intend to operate in other areas involving the generation of energy,” says Braescher.

Edra Equipamentos currently employs 50 employees; another 30 will be hired up to the beginning of the activities of e-energy. 

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