MRC Global Awarded PVF Contract From Celanese Corp.
HOUSTON, June 17, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) has been awarded a global contract to supply and distribute pipe, valve and fitting (PVF) needs for Celanese Corporation.
The 5-year contract covers all of Celanese's global manufacturing operations, including pipes, valves and fittings for MRO. The associated services can include traditional distribution, project services and on-site materials management. This contract allows the MRC value proposition to be expanded to the Celanese operations worldwide, delivering cost savings and best practices.
"We are pleased that Celanese continues to place their confidence in MRC," stated Andrew R. Lane, MRC's chairman, president and CEO. "I am proud of the long-term relationship between our two companies and look forward to growing alongside their operations globally as we continue to provide them with the excellent service they have come to expect from MRC. In 2012, 6% of our revenue came from the chemical and petrochemical end market. Expanding our presence in the global chemical market remains a key objective for MRC."
About MRC Global Inc.
Headquartered in Houston, Texas, MRC, a Fortune 500 company, is the largest global distributor of pipe, valves, and fittings (PVF) and related products and services to the energy industry, based on sales, and supplies these products and services across each of the upstream, midstream and downstream sectors. More information about MRC can be found at www.mrcglobal.com.
James E. Braun, Executive Vice President
and Chief Financial Officer
Ken Dennard, Managing Partner
Dennard-Lascar Associates, LLC
SOURCE MRC Global Inc.
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