static equipment component & november 2018 metal eco system november 2018 - saudi...
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Saudi Aramco: Public
Static Equipment
Component &
Metal Eco System
November 2018
November 2018November 2018
Saudi Aramco: Public
The next slides contain forward-looking statements regarding future events based on current
expectations, estimates, forecasts, and projections. The data is subject to updating, revision, further
verification and amendment without notice. No reliance may be placed for any purpose on the
information or opinions contained in this presentation or any other document or statement, or on the
completeness, accuracy or fairness of such information or opinions therein. No representation or
warranty, express or implied, is made or given by or on behalf of Saudi Aramco or its employees, or
any other person as to the accuracy or completeness or fairness of the information or opinions
contained in this presentation and no responsibility or liability is accepted by any of them for such
information or opinions or for any errors, omissions, misstatements, negligent or otherwise, or for any
communication written or otherwise, contained or referred to in this presentation.
Disclaimer
Saudi Aramco: Public
Drives domestic value creation by working with suppliers for mutual benefits
Envisions to improve investment, and maximize long term economic growth and diversification
Focuses on delivering quality jobs, advancing innovation and enhancing global competitiveness
IKTVA is designed to reward Saudi Aramco’s suppliers for the use and development of local labor and sub-suppliers
Localization is a focus for the KSA – Saudi Aramco’s IKTVA program aims to achieve
70% local content by 2021
Saudi Aramco: Public
Agenda – Non-metallic
Session Title Presenter
Opening Abdullah Al-Qahtani, ID&SSD
Value Proposition 1: Weld Neck-
Flanges manufacturing Nasser Alrushoud, ID&SSD
Value Proposition 2: Blind-
Flanges manufacturingNasser Alrushoud, ID&SSD
Value Proposition 3: Socket Weld-
Flanges manufacturing Nasser Alrushoud, ID&SSD
Value Proposition 4: Ball Valves Component manufacturing SAAD M. ALSHIHA, CSD
Value Proposition 5: Gate Valves Component manufacturingSAAD M. ALSHIHA, CSD
Value Proposition 6: Check Valves Component manufacturingSAAD M. ALSHIHA, CSD
Saudi Aramco: Public
Flanges Manufacturing
Saudi Aramco: Public
Establish multiple state of the
art manufacturing facilities
to locally manufacture
Flanges:
• Weld neck flange
• Blind flange
• Socket weld flange
The opportunity
1. Current Saudi Aramco demand
is estimated at Spend value of $
200 MM from (2013-2018)
2. Forecasted spend value of
$480 MM for (2019-2028)
The business case
Source: Saudi Aramco
Flanges manufacturing represents an attractive opportunity
for localization
Saudi Aramco: Public
Flanges Manufacturing Process
Raw MaterialInspection for raw material
Cutting to desire size
Heating
ForgingHeat
TreatmentMachining
Drilling and Marking
Final inspection
Packaging and Delivery
Saudi Aramco: Public
Weld Neck Flanges
https://www.neoimpex.com
Saudi Aramco: Public
Weld Neck Flanges Historical Spend
2227
85
$-
$10
$20
$30
$40
$50
$60
$70
$80
$90
Less than 300 300-600 Above 600
Millio
ns U
SD
Historical Spend (2013-2018)
Grouped By Class
Total spend for weld neck flanges
for the past fives years is $ 135
MM
Saudi Aramco: Public
Weld Neck Flanges Forecasted Spend
28 29 29 30 31 32 33 34 35 36
$-
$5
$10
$15
$20
$25
$30
$35
$40
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Millio
ns U
SD
Total forecasted spend for weld
neck flanges for the next 10 years
$320 MM (2019-2028)
Saudi Aramco: Public
Blind Flanges
https://www.neoimpex.com
Saudi Aramco: Public
Blind Flanges Historical Spend
15 $14
$21
$-
$5
$10
$15
$20
$25
Less than 300 300-600 Above 600
Mill
ions U
SD
Historical Spend (2013-2018)
Grouped By Class
Total spend for Blind flanges for
the past fives years is $ 50 MM
Saudi Aramco: Public
Blind Flanges Forecasted Spend
10 11 11 11 12 12 1313
1414
$-
$2
$4
$6
$8
$10
$12
$14
$16
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Millio
ns U
SD
Total forecasted spend for blind
flanges for the next 10 years
$120 MM (2019-2028)
Saudi Aramco: Public
Socket Weld
https://www.neoimpex.com
Saudi Aramco: Public
Socket Weld Flanges Historical Spend
8
$4
$2
$-
$1
$2
$3
$4
$5
$6
$7
$8
$9
Less than 300 300-600 Above 600
Millio
ns U
SD
Historical Spend (2013-2018)
Grouped By Class
Total spend for Weld Neck flanges
for the past fives years is $ 15 MM
Saudi Aramco: Public
Socket Weld Flanges Forecasted Spend
3 3 3 3 3 3 4 4 4 4
$-
$1
$1
$2
$2
$3
$3
$4
$4
$5
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Millio
ns U
SD
Total forecasted spend for blind
flanges for the next 10 years $35
MM (2019-2028)
Saudi Aramco: Public
Valves Component
manufacturing
Saudi Aramco: Public
Establish multiple state of the
art manufacturing facilities
to locally manufacture
Valve Components:
• Ball valves
• Gate valves
• Check valves
The opportunity The business case
Source: Saudi Aramco
Flanges manufacturing represents an attractive opportunity
for localization
1. Saudi Aramco 10 year
forecasted demand
• Ball Valves = 810K units
• Gate Valve = 4.9MMunits
• Check Valve = 390K units
Saudi Aramco: Public
Valves Manufacturing Process
NDE TestingCasting
InspectionRough
MachiningFinished
Machining
Service Treatment
Welding/ Grinding
Components / Parts inspection
Valve Assembly
Hydro & Pneumatic
testing
Painting & Coating
Final Inspection, Packing & Sh
Saudi Aramco: Public
Valves Manufacturing Process: Casting Inspection & NDE Testing
Saudi Aramco: Public
Valves Manufacturing Process: Rough Machining
Saudi Aramco: Public
Valves Manufacturing Process: Finished Machining
Saudi Aramco: Public
Valves Manufacturing Process: Welding
Saudi Aramco: Public
Valves Manufacturing Process: Components / Parts Inspection
Saudi Aramco: Public
Valves Manufacturing Process: Valve Assembly
Saudi Aramco: Public
Valves Manufacturing Process: Hydro & Pneumatic Testing
Saudi Aramco: Public
Valves Manufacturing Process: Painting & Coating
Saudi Aramco: Public
Valves Manufacturing Process: Final Inspection, Packing & Shipping
Saudi Aramco: Public
Gate Valve components to be manufactured
Saudi Aramco: Public
Ball valve components to be manufactured
Saudi Aramco: Public
Check valve components to be manufactured
Saudi Aramco: Public
Ball Valve
384
136
267
223
-
50
100
150
200
250
300
350
400
450
Less than 2" 2"-4" 4"-12" 12"-24" above 24"
Th
ou
san
ds U
nit
s 10 year forecast of Ball Valves =
810K units
Forecasted demand grouped by
size classification
Saudi Aramco: Public
Ball Valve
10 year forecast of Ball Valves =
810K units
Ball valve forecasted demand
grouped by class
11%
18%
71%
less than 300 PSI 300-600 PSI above 600 PSI
Saudi Aramco: Public
Gate Valve
10 year forecast of Gate Valve =
4.9MMunits
Forecasted demand grouped by
size classification
4,381
311 17223 4
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
Less than 2" 2"-4" 4"-12" 12"-24" above 24"
Th
ou
san
ds U
nit
s
Saudi Aramco: Public
Gate Valve
10 year forecast of Gate Valve =
4.9MMunits
Gate valve forecasted demand
grouped by class
9%
12%
79%
less than 300 PSI 300-600 PSI above 600 PSI
Saudi Aramco: Public
Check Valve
10 year forecast of
Check Valve = 390K units
Forecasted demand grouped by
size classification
191.913
47.373
143.845
5.214 2 -
50
100
150
200
250
Less than 2" 2"-4" 4"-12" 12"-24" above 24"
Th
ou
san
ds
un
its
Saudi Aramco: Public
Check Valve
10 year forecast of
Check Valve = 390K units
Check Valve forecasted demand
grouped by class
17%
12%
71%
less than 300 PSI 300-600 PSI above 600 PSI
Saudi Aramco: Public
Required services to compliment localization of valves components
CladdingWeld
overlay Painting Coating
BlastingDesign
Eng.Specialist
MachiningGrinding
WeldingHeat
treatment
Specialized Service Treatment (ex :electrolessnickel plating, Tungsten Carbide Coating, & Fusion Bonded Epoxy
)
Saudi Aramco: Public
Local companies manufacturing valves are the potential customers
Local valves manufacturers
Reach out to other KSA energy companies for additional demand
Saudi Aramco: Public
Key messages
For further information on these opportunities, please contact:
Please Complete Expressions of Interest & direct all inquiries to:
Nasser Alrushoud
Saudi Aramco – Local Business Development
Steel Conversion Group
NASSER.ALRUSHOUD@ARAMCO.COM
+966 13 679-5437
Abdullah Qahtani
Saudi Aramco – Local Business Development
Steel Conversion Group
ABDULLAH.QAHTANI.69@ARAMCO.COM
+966 13 874-1756
KSA metal eco-system market is growing and requires a local manufacturing presence
Additional opportunities are available on the IKTVA website: iktva.sa
Complete expressions of interest forms for later follow-up and support
Please plan to attend presentations related to investing in KSA, land, financing, and local workforce development
Saudi Aramco: Public
Thank you
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