Tag: MISI

– JFE Steel Corporation and Marubeni-Itochu Steel Inc. (MISI) have acquired a combined 2.21% of the outstanding shares in PT.

JFE Steel Corporation, Marubeni-Itochu Steel Inc. (MISI) and Senaat GHC, a private joint-stock general holding company owned by the government of the Emirate of Abu Dhabi, announced that they have agreed to establish a joint-venture company in Abu Dhabi, called Al Gharbia Pipe Company, to manufacture and sell large-diameter welded steel pipes, mainly for the energy industry. Photo courtesy of JFE Steel Corporation The new company, leveraging JFE Steel’s technology for high-quality large-diameter welded steel pipes, MISI’s sales capabilities and Senaat’s industrial footprint in Abu Dhabi, will manufacture and sell high-grade large-diameter steel pipes to energy companies in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, the six member countries of the Gulf Cooperation Council (GCC). JFE Steel will participate in the joint venture under the Abu Dhabi-Japan Business Promotion Initiative of the Japan Cooperation Center for the Middle East.

Marubeni-Itochu Steel Inc. (MISI) entered into an agreement with Dawood Engineering – a local manufacturer of automotive parts and components in the Islamic Republic of Pakistan – to jointly establish a new company in Bin Qasim Industrial Park outside of Karachi City in Sindh Province, Pakistan.

JSW Steel, the flagship company of Indian conglomerate JSW Group, announced its plan to set up a second steel processing centre with its joint-venture partner Marubeni Itochu Steel (MISI) Tokyo. The plant will be set up at Pune in Maharashtra, India.

Marubeni-Itochu Steel (MISI) has reached an agreement with Oil States International (OIS) for the acquisition of 100% share of Sooner, a subsidiary of OIS, by Marubeni-Itochu Tubulars America, a subsidiary of MISI, for approx.