ABO valve opens branch in China
ABO, a Czech Republic-based specialist in production of industrial centric & high performance butterfly valves, continues to concentrate on more distant markets in Asia. Following a rapid expansion in sales in the region, ABO has opened its branch in Shanghai, China in August 2013. First branch in the South-East Asia region was established in Singapore in 2010.
ABO supplies both centric as well as high-performance butterfly valves to different water treatment projects as well as oil storage projects in China. Other projects in Asia were in Indonesia, where ABO supplied water-cooling systems for cement units, water treatment plants, and in Vietnam, where ABO supplied products for Floating Production, Storage and Offloading (FPSO) Systems. Many of these projects – especially those in the areas of offshore rigs, tank farms, water treatment and marine industry – were supported by ABO’s Singapore branch directly.
“We have managed to grow during the last three years at an average growth rate of 27% annually. Our sales growth is currently driven by high performance valves, which are supplied into complex projects in the area of water treatment, oil and gas transportation and storage, and power generation. Our new branch in China, with the support of our established Singapore branch, will cover the promising Chinese market much more efficiently than without direct presence on the market,” explains Miro Student, Global Commercial Director of ABO.