Shell Awards Enterprise Framework Agreement to Tyco International
Tyco Flow Control will supply highly engineered butterfly valve technology and after-market service to Shell business around the globe
SCHAFFHAUSEN, Switzerland, Aug. 31, 2011 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) announced today that its flow control unit has been selected by Shell to provide butterfly valves to Shell globally. The five-year Enterprise Framework Agreement ("EFA") covers more than 2,500 of Tyco's Vanessa, Winn, NeoTecha and Sapag brand highly engineered butterfly valves, for use in projects, maintenance repair operations and turnaround applications.
Tyco Flow Control's extensive product portfolio covers a wide range of applications for the oil and gas industry. The Vanessa brand has earned a global reputation for safety, dependability and long service life, with its metal seated, zero leakage technology, while NeoTecha valves provide reliable performance even in highly corrosive environments. These and other brands are supported by service teams around the globe with a deep understanding of these products in a wide variety of applications.
"We appreciate the confidence Shell has shown in Tyco Flow Control with this EFA," said David Dunbar, president of Tyco Valves & Controls, a unit of Tyco Flow Control. "As Shell grows, Tyco can scale with the company, bringing technology, leadership and service wherever they are needed."
Shell operates in more than 90 countries. With its global presence and local expertise, Tyco Flow Control can provide Shell with high-quality products, leading engineering knowledge and localized service wherever Shell is operating.
"Highly reliable products, and the localized service to support them, are critical to oil and gas companies," said Sheri Roberts-Updike, vice president and general manager of Tyco Valves & Control's global oil and gas business. "Our commitment to quality, safety, reliability and the environment complement Shell's goals and set the framework for our long-term relationship. We look forward to working with Shell globally under the terms of this new agreement."
ABOUT TYCO INTERNATIONAL
Tyco International Ltd. (NYSE: TYC) is a diversified, global company that provides vital products and services to customers around the world. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco had 2010 revenue of $17 billion and has more than 100,000 employees worldwide. More information on Tyco can be found at www.tyco.com.
ABOUT TYCO FLOW CONTROL
Tyco Flow Control is a leading global manufacturer and marketer of valves and controls, water and environmental systems, and thermal control solutions to vital industries including oil and gas, power, water, mining, chemical, food and beverage, and construction. Tyco Flow Control has more than 15,000 employees in more than 300 locations globally. For more information on Tyco Flow Control, visit www.tycoflowcontrol.com.
SOURCE Tyco International Ltd.
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