Tristar Group’s JV, United Stars, Signs Contract with Linde-Sigas
Tristar Group, the global integrated energy logistics company, is pleased to announce that its joint venture United Stars in the Kingdom of Saudi Arabia (KSA) has signed a five-year contract with Linde-Sigas, a majority owned subsidiary of Linde in KSA and leading manufacturer of industrial and medical gases.
Tristar’s mandate will be to transport these products to Linde-Sigas´ diverse portfolio of clients throughout KSA from five centrally located depots in Dammam, Jeddah, Riyadh, Jubail, and Yanbu.
The initial contract is for five years with the option to extend on completion for an additional two years.
Eugene Mayne, Group CEO of Tristar said: “I am delighted to announce our expanded agreement with Linde-Sigas, which is testimony, once again, to our expertise in energy logistics as we continue to grow and expand our blue-chip client base in Saudi Arabia. Linde-Sigas is one of Tristar’s long-standing partners in other Gulf markets, so we are particularly pleased that we can provide them with a comprehensive end-to-end logistic solution for KSA. Our business continues to grow steadily and, with a global presence in more than 20 countries today, I look forward to reporting on further business developments in due course.”
The contract was signed by Linde-Sigas´ General Manager, Mr. Mehdi Benzaari, and United Stars’ KSA Country Manager, Mr. Aous Ali, at a signing ceremony that took place at United Stars’ headquarters in MODON, Dammam second industrial area.
The ceremony was attended by Zubair Siddiqui, Yameen Younus and Mishari Alomiri of Linde-Sigas, and Paul Vincent and Anoop Palatty of United Stars.
Source: Tristar Group