A Flintshire-based company has expanded its business into the Middle East for the first time after securing a £7.5m contract in the region as part of the company’s strategy to grow its global presence through exports.
Hawarden-based Cokebusters is a manufacturing and service provider that specialises in the maintenance of furnace and fired heaters tubes at oil refineries across the world.
The company specialises in decoking and inspection operations, and has seen its sales rise by 41% in the last two years to over £6m, thanks to export sales, which make up 95% of the firm’s trade.
The company currently exports to over 20 countries including the USA, United Arab Emirates, Saudi Arabia, Chile, Greece, Kuwait, Italy and Spain, with its skilled engineers travelling to oil refineries across the world.
This new five-year contract in Abu Dhabi with Abu Dhabi National Oil Company (ADNOC) will provide pigging and de-scaling services for steam generators and boilers in the Middle East worth in excess of £7.5m. The deal is an important step in Cokebusters’ international growth strategy, where the oil rich Middle East is a vital territory.
The move is another overseas success for the company, which this year has also renewed its contracts with two major oil companies in Europe.
Commercial Manager at Cokebusters, Duncan Cully, said: “We’re very proud to sign a major contract in the Middle East. You can only grow so much in a limited market which is why we have focused our growth overseas. We’re looking forward to expanding our business into even more territories as we continue to develop our machinery.”