< Previous SUPPLIER NEWS www.fm-middleeast.com40 March 2021 POWER Hitachi ABB Power Grids will provide state-owned Egyptian Electricity Transmission Company (EETC) with high-performance grid stabilisation technology to help improve power quality and expand transmission capacity in the strategic Owainat development area in southwest Egypt, where desert wasteland is being reclaimed for agricultural use. The contract was signed in the presence of the Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker. This project will provide EETC with a fully engineered solution based on a 200-megavolt ampere (MVAR) STATCOM to be connected to the existing 220 kilovolt (kV) Owainat substation, thus enabling grid expansion and providing more power for rural development. TECHNOLOGY Emerson Users Exchange Live 2021 Europe, Middle East and Africa (EMEA) will highlight practical innovations and solutions to help industrial manufacturers achieve performance improvements by running their operations smarter, safer and more sustainably. With the 2021 event being held virtually because of the COVID-19 pandemic, thousands of delegates will be able to attend more than 120 online presentations taking place live over three days, from March 29 to 31. The conference will feature more than 70 case studies presented by end users. These will provide vital insights into how Emerson customers have achieved measurable business value, increased The Hitachi ABB Power Grids’ solution is Egypt’s fi rst fully engineered power quality system Hitachi ABB Power Grids to provide Egypt’s fi rst advanced power quality solution to support grid expansion and rural development Emerson Users Exchange Live 2021 EMEA online conference off ers new insights and innovations that are driving performance improvements for manufacturers Emerson conference to focus on enabling smarter, safer, more sustainable operations Hitachi ABB Power Grids’ technology and engineering capabilities will help the country reclaim untapped land in the vast Western Desert, where projects are underway to sustainably improve social and economic conditions for Egyptian communities. “Hitachi ABB Power Grids is proud to support EETC in this strategic project, and to help drive efforts to meet Egypt’s 2030 vision of integrated, sustainable growth with a focus on the energy industry,” said Mohamed Hosseiny, country managing director, Egypt & North Africa, Hitachi ABB Power Grids. “We are pleased to collaborate with Hitachi ABB Power Grids as we believe they have the required expertise and capability to execute this project efficiently, and look forward to partnering on future projects,” said Sabah Mashaly, Chairman of Egyptian Electricity Transmission Company. The Hitachi ABB Power Grids’ solution is Egypt’s first fully engineered power quality system. It comprises an integrated SVC Light static compensator, power transformers, control, protection and telecommunications system. safety and enhanced their environmental sustainability through the adoption of easily scalable innovations such as remote collaboration, predictive maintenance and personnel safety- focused monitoring. Keynote speakers will include Jos Berkien, automation technology manager at global specialty chemicals company Nouryon; Richard Mortimer, vice-president of engineering at BP; and Frank Wouters, global lead for green hydrogen at engineering company Worley. Emerson keynote presenters include Roel van Doren, president, Emerson Europe and Vidya Ramnath, president, Emerson Middle East and Africa. Emerson Users Exchange Live offers both live and on-demand product technology roadmaps, meet the expert sessions, subject matter expert office hours, user case studies, industry forums and product demonstrations, all offering opportunities for Emerson customers to stay engaged and up to date on the company’s latest technologies and services, as well as future innovations. Electrical powerlines.. The conference will feature more than 70 case studies.www.fm-middleeast.com SUPPLIER NEWS March 2021 41 PUMPS Wilo Middle East (WME), an international manufacturer of pumps and systems, has announced the acquisition of PumpsPro, a pump solution service provider under Direct Trade House International (DTHI). The acquisition entails the creation of a new business unit that will maintain the name of PumpsPro but will be managed and operated as a Wilo company. The signing of the agreement took place at the WME office in Jebel Ali Free Zone (JAFZA) in the presence of Jens Dallendoerfer, senior vice president - Sales Region Emerging Markets, Wilo Group; Yasser Nagi, managing director, Wilo Middle East & Group sales director MENA Region and Bijan Sheibani, chairman, Direct Trade House International. Under the terms of the agreement, Wilo Middle East will be acquiring PumpsPro, including all its assets, highly skilled service workforce, brand, and extensive portfolio of customers. The move is expected to further reinforce Wilo Middle East’s position as a complete solution provider in the UAE and the Middle East region. Yasser Nagi, managing director, Wilo Middle East, said: “We are proud to announce the signing of a strategic acquisition agreement with PumpsPro- -a move that is expected to make Wilo a leading solutions provider in the UAE and the rest of the region.” PumpsPro has been working with Wilo Middle East as service partner for its overhauling and repairing business since 2018. The signing of the new agreement is expected to reinforce Wilo’s capabilities--equipping the company to bring repairing and overhauling activities in house, especially catering to the large number of building service, water management and industrial customers that require the right servicing that leads to strong reliability and asset uptime. Wilo’s offshore customers in the region will also benefit from the acquisition, where demand for servicing offshore pumps has seen a big uptake--providing oil and gas customers the just in time reliable servicing they require. DISTRICT COOLING The National Central Cooling Company (Tabreed), the UAE-based international district cooling developer, released its audited financial results for 2020. Tabreed reported a 16.5% increase in 2020 net income to AED550m, adding 39.6k Refrigeration Tons (RT) of organic capacity growth and 181.5k RT of inorganic capacity additions, resulting in the delivery of 1,403,819 RT of cooling capacity at the end of the calendar year. Tabreed’s Board of Directors have recommended a return of value to shareholders for 2020 through the combination of a cash dividend of 5.75 fils per share plus a bonus share issue of 1 share for every 45 shares held. This equates at current share price to roughly 11.5 fils/share and represents a 10% increase on 2019 dividend. This cash plus equity dividend in 2020 reflects the Board’s intention to prioritise returning value to shareholders and positions Tabreed strongly to secure further growth opportunities. This growth was underscored by strong investor confidence in its performance, as well as industry recognition. In October, Tabreed raised $500m through a seven-year, 2.5% coupon bond issuance that was oversubscribed at almost five times its initial size. Bader Al Lamki, Tabreed’s CEO, said: “We executed effectively and decisively on each of our 2020 priorities amidst a challenging backdrop this year. I am extremely proud of our ability to adapt quickly whilst continuing to deliver on our long-term strategy, and believe that Tabreed is well-positioned to continue to capitalise on a number of additional opportunities and partnerships, both this year, and well into the future.” Under the terms of the agreement, Wilo Middle East will be acquiring PumpsPro, including all its assets, highly skilled service workforce, brand, and extensive portfolio of customers In October, Tabreed raised $500m through a seven-year, 2.5% coupon bond issuance that was oversubscribed at almost fi ve times its initial size Wilo Middle East acquires PumpsPro Tabreed reports a 16.5% increase in 2020 net income to AED550m The signing of the agreement took place at the WME office. Bader Al Lamki, Tabreed’s CEO. 5 MINUTES WITH... 42 March 2021 What does your role involve? My role as FM business unit director and contracting manager includes overseeing the activities of the FM business line at Alhajry Overseas Co.. In addition to this, my involvement is in setting up the main strategies of the unit to sustain its development and provide business continuity. THIS MONTH: RAYMOND AL SALHANI, FM DIRECTOR, ALHAJRY OVERSEAS What do you love most about your job? My job is routine free, and that is what makes it special even though there is tonnes of work to do. There are always different clients, FM innovation and new practices. FMME delves into the roles and lives to understand what makes the region’s FM professionals tick 3.00 What is the most challenging aspect of your job? The facilities management industry is a challenge by itself. There is an increasing need and unlimited expectations [from clients]. The most challenging aspect of my job is coping with the development of the trade to keep the business going. 1.45 What do you like to do in your spare time? Not much spare time re- served for activities. I can say that I miss doing a few things like hanging out with friends during the Super- bowl, or going for skiing, biking and surfing. 4.45 What is the most memorable project and why? I was the project manager for a contract between Alhajry Overseas and Saudi Aramco at their HQ in Dhahran. That was the most memorable one because it provided me a platform to highlight my profession, skills and expertise. 2.05 0.00 Where do you see the FM industry in 5 years? The facilities management sector will adopt strategic thinking for any value to be added or any equity to be achieved by sustaining and providing a new look to any sort of facility. 4.05 www.fm-middleeast.com Managing Director Alex Reeve Group Sales Manager Vinay Ravindran Distribution & Warehouse Manager Praveen Nair 2021Next >