Unimech Group eyes oil and gas markets in Asia
GEORGE TOWN: Unimech Group Bhd , a leading manufacturer of valves and pumps, will tap into oil and gas (O&G)-related markets in Asia this year.
Its group chief executive officer Datuk Lim Cheah Chooi said the group is currently negotiating with customers from the O&G industries interested to purchase its valve products, which obtained the American Petroleum Institute (API) certification last year.
He told StarBiz that “the valves would be used for onshore and offshore O&G extraction projects, and as well as refining operations in Asia.”
According to energy consultancy firm Wood Mackenzie, the fuel demand in Asia is expected to grow by 2% in 2018.
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