22.05.2009 | EMS and VASTAS Sign Joint Venture
VASTAŞ joined forces with Energy Maintenance Services Group I, LLC (EMS) a leading provider of pipeline management services, on a Joint Venture Agreement.“EMS has strategically chosen Turkey as a pilot region” says EMS’s Chief Executive Officer, Tim Nesler. He explained “…Turkey is geographically a prime location for providing our joint venture services throughout the Middle East, Western Asia and Eastern Europe.”
Vastaş CEO Nedim Ergin said, “Our partnership with EMS will enable the utilization of high technology in the petroleum and natural gas infrastructure throughout the Country.” He continued, “Bringing specific integrity based services into the region and training our people on the importance of persevering and maintaining the Turkish infrastructure will be a huge step.”
The signing took place on May 15 at the Vastaş offices in Istanbul, Turkey. Ayten Ergin, one of the Vastaş executives said, “The partnership of EMS and Vastaş will ensure the Joint Venture will become one of the largest producing and service based companies in the region.”
The Joint Venture is in the process of finalizing details to establish a material and service supply network in the near future.
In accordance with the law no. 4646, it is stipulated that Botaş is divided into three legal entities and that the two legal entities other than the distribution activity are to remain privatized until 2011.
Osman Yorgancıoğlu, the EMS and Vastaş representative in Turkey said “…the traffic of Natural Gas flow through Turkey is increasing; and, the deficiencies our infrastructure are being eliminated with the volume of pipeline construction and gas transfer from surrounding countries to the European Union. Timing is perfect for this Joint Venture.”
12-02-2009 | Shut-off valves for Natural Gas and Oil Lines/Plants has been put up for sale.
Applicable for 2”-24” Ball and Gate valves. The system is designed for three different types of applications as; 'low-pressure', 'high-pressure' and 'low & high pressure'.
The pressure levels/rates are up to 600 Class as well as applications available for special requirements.
Purpose of use; to prevent the unwanted pressure movements (sudden increase & dcrease of pressure) that appears as a result of natural disasters like earthquake, fire, etc.
09-02-2009 | Vastas finalized its $5.ooo.ooo- investment and started processing.
The capacity increased to 4500 tons and reached to a capacity of '55 tons single valve' production capacity. This achievement allowed Vastas to produce 60” ball and 100” gate valve
27-06-2008 | N.I.G.C.-E.A.G.C (Eastern Azerbaijan Gas Company)
Mr. Ebrahim KHODAEI ALAMDARI, from N.I.G.C.-E.A.G.C (Eastern Azerbaijan Gas Company) TEBRIZ GAZ company, has visited our factory and approved our production, after inspecting the production and test processes.
05-05-2008 | ARDEBİL Industrial Valves
Vastas’s Iran Distributor ‘ARDEBIL Industrial Valves’ will start producing valves on behalf of Vastas, at August 2008.
