Together, Ratnamani and SESCO will construct a state-of-the-art tubing plant in Saudi Arabia, fostering regional industrial growth and local manufacturing.

Ratnamani Metals & Tubes Ltd. and Saudi Electric Supply Company (SESCO) have signed a historic joint venture cum shareholders agreement in an effort to increase regional self-reliance and fortify global supply networks. In order to provide localised manufacturing excellence throughout the Kingdom of Saudi Arabia (KSA) and the larger GCC area, this alliance is a major step forward.

The joint venture will result in the construction of a cutting-edge manufacturing plant in Dammam, Saudi Arabia. Nickel alloy steel, stainless steel, and speciality tubular solutions for instrumentation and heat exchanger applications—industries vital to infrastructure, energy, and industrial development—will be the main products of this plant.

This joint venture meets the increasing regional need for high-performance tubing solutions while advancing Ratnamani’s continuous worldwide expansion plan. Additionally, it supports Saudi Arabia’s Vision 2030 objectives of developing domestic manufacturing capacity in important economic areas.

The Partnership’s Foundation of Leadership and Gratitude

The vision and leadership of important figures from both organisations are credited with making this collaboration a success:

From Ratnamani Metals & Tubes Ltd.:

• Manoj Sanghvi, CEO

• Yash Sanghvi, Head – Marketing

• Siddharth Dugar, Head – Group Investments & Strategic Finance

From SESCO:

• Adel AlShouraim, CEO—Tamimi Energy

• Ramez Qasem, GM – SESCO

With this partnership, both companies reaffirm their commitment to quality, precision, and a shared pursuit of innovation in the global metals and tubing market.