Tubacex restores full capacity at its Abu Dhabi plant

Spanish steel pipe maker Tubacex has restored full operations at its Abu Dhabi plant after conflict around the Strait of Hormuz disrupted its work and raw-material deliveries.

The factory, which opened in 2024 and has 150 employees, is now running at full capacity.

The disruption contributed to Tubacex’s €5.5 million loss in the first nine months of the year.

The Abu Dhabi plant supports a 10-year supply deal with Adnoc, the United Arab Emirates’ state energy company, covering 30,000 tonnes of pipe worth more than $1 billion.

Tubacex says contract terms guarantee payment deadlines for the order, which is halfway through its term.

The company also works with UAE investment fund Mubadala through a joint venture that makes and services pipes for energy projects.

Tubacex’s Abu Dhabi operation is a key part of this international production network, and its return to full capacity restores normal operations at the site.