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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.
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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
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MRC Global is the chemical industry's source for a complete range of PVF products in carbon steel, stainless steel and special alloys.
Rob Saltiel President & CEO
Rob Saltiel has served as our president and chief executive officer since March 2021. He has also served as a director of MRC Global Inc. since March 2021.
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MRC Global InSight August 2022
MRC Global's magazine, InSight, is published bi-annually for our customers and features product lead times, data, sector information and price trends.
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The Canadian sector is continuing to recover from the extraordinary events of the past two years. Canadian customers are navigating PVF material lead time pressures due to increasing demand, coupled with shipping delays and port backlogs. Inflation in local and international markets is resulting in price increases on raw materials and finished goods. The recent rebound in oil and gas commodity prices is having a modest positive impact on investment decisions; however, according to a July survey by the Royal Bank of Canada, energy producers are setting aside just 40% of cash flow for investment, down from 100% before the pandemic.3
As supply chains recover and companies look to “catch up” on production and infrastructure improvements, capital project and maintenance, repair and operations (MRO) activities across the region are gaining momentum. Energy transition projects are also on the rise, propelled by activity in CCUS projects, hydrogen production and storage, and biofuel projects. Many projects involve the expansion of current infrastructure, which reduces capital outlays and aids in efforts to meet carbon and emission goal timelines. Government support of these projects, in the form of public funding and tax incentives, has been instrumental in empowering companies to move ahead on these low-carbon projects.
3. Financial Post: Bank of Canada survey shows oil and gas companies slashing spending
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