HOUSTON, Sept. 2, 2015 /PRNewswire/ -- MRC Global
Inc. (NYSE: MRC) announced today that its subsidiary, McJunkin Red
Man Corporation, has signed a five-year contract to supply pipe,
valve and fitting (PVF) products and services for Phillips 66.
This global agreement is an expansion of the existing North
American supply contract between the two companies and has been
expanded to include refining in Europe. Phillips 66 is a diversified energy
manufacturing and logistics company with leading Midstream,
Chemicals, Refining and Marketing and Specialties businesses.
"I am very proud of our long-standing relationship with Phillips
66," Andrew Lane, MRC Global Chairman, President & CEO, said.
"This expansion from a North
America only contract to one with global scope is a result
of our more than 30-year track record of providing Phillips 66 and
its heritage companies with high-quality PVF products and services.
We are grateful that they continue to trust us with their
business."
"As our businesses have changed, our two companies have
continued to grow and expand in geography, products and services,"
Mr. Lane said. "Safety, reliability and high service levels are key
to this long-standing business relationship, which, in turn,
creates value for our stakeholders."
In addition to providing products for maintenance, repair,
operations and capital projects, MRC Global will continue to
provide integrated supply services including storeroom management,
vendor-managed inventory, zone store management and electronic
catalog capabilities as well as automated valve services.
About MRC Global Inc.
Headquartered in Houston, Texas, MRC Global, a Fortune 500
company, is the largest global distributor, based on sales, of
pipe, valves, and fittings (PVF) and related products and services
to the energy industry and supplies these products and services
across each of the upstream, midstream and downstream sectors. More
information about MRC Global can be found
at www.mrcglobal.com.
Contact:
Monica
Broughton
Investor
Relations
MRC Global
Inc.
Monica.Broughton@mrcglobal.com
832-308-2847
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SOURCE MRC Global Inc.