MRC Global provides a broad range of valves that are available in a wide variety of materials from today’s leading valve manufacturers to fully meet even the most complex and unique requirements.
The MRC Global Projects team adds value through our project execution expertise, global sourcing capabilities, comprehensive products and commercial strength to deliver your project’s unique solution
MRC Global is the chemical industry's source for a complete range of PVF products in carbon steel, stainless steel and special alloys.
Andrew R. Lane
President & CEO
Andrew R. Lane has served as our president and chief executive officer since September 2008. He has also served as a director of MRC Global Inc. since September 2008.
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MRC Global InSight
MRC Global's market-focused magazine, InSight, is published bi-annually for our customers and features product lead times, data, market sector information and price trends.
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Robust drilling activity in the US upstream market continues to drive demand for oilfield products and mill supplies. Price increases ranging from 5% to 10% have been received for hammer unions, high pressure motor valves and level controllers. With the boost in demand, we anticipate lead times will continue to extend and price increases will continue to affect the market.
Strong demand for high density polyethylene pipe (HDPE) continues to put pressure on lead times and pricing. Lead times have improved on diameters of 8” and below and now ranges from 12 to 14 weeks. US deliveries for 10” and above are running 16 to 24 weeks, which is creating an opening for international suppliers. Pricing continues to increase and currently averages around $1.32/lb. North American PE resin pricing will continue to be driven by oil pricing and is expected to rise.
Overall, HDPE resin availability remains tight as US manufacturers have been recovering from Hurricane Harvey and winter storms. Necessary maintenance and repairs have affected supply and pushed up prices. New HDPE resin production was also late coming online and continues to have start up issues. Resin increased $0.04/lb. on February 1, 2018 and an additional
$0.03/lb. in April 2018. Looking forward, HDPE resin should stabilize as resin companies recover from force majeure events. Resin is expected to remain flat through the summer months with potential for decline late in the year, assuming that typical seasonality will influence all PE markets.
The fiberglass PFF market is very competitive. Demand remains strong resulting in extended lead times. We have also seen some pricing increases, with Fiberglass Systems announcing a 6% increase earlier in the year.
The general sentiment is demand will remain healthy for the balance of 2018.
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