Abu Dhabi – Mubadala Investment Company (Mubadala) and Tubacex Group today formally launched TBX Nexxia, a landmark regional manufacturing platform focused on advanced Oil Country Tubular Goods (OCTG) solutions. This strategic development represents a pivotal step in bolstering the Middle East and North Africa (MENA) region’s industrial capabilities and enhancing energy security. The $200 million investment, a culmination of a 2024 partnership, is strategically positioned within the Industrial City of Abu Dhabi (ICAD), bringing critical manufacturing capacity closer to regional energy demand and fostering a resilient supply chain for vital infrastructure projects.
TBX Nexxia operates as a fully integrated end-to-end solution provider, leveraging the global infrastructure of Tubacex’s mills in Spain and Brazil alongside the Abu Dhabi facility. This vertical integration ensures superior control over material design, manufacturing, and technical support, addressing the growing need for precise and corrosion-resistant alloy (CRA) OCTG in complex energy applications. The establishment of this localized platform directly addresses the vulnerabilities associated with global supply chain disruptions, a prominent concern in the current geopolitical landscape. This strategic move aligns directly with the UAE’s broader industrial diversification objectives and its ambitious post-2030 vision, as outlined in Operation 300bn.
The launch of TBX Nexxia is a significant validation of the UAE’s commitment to in-country value and its efforts to cultivate a self-sufficient industrial ecosystem. ADNOC, as a cornerstone client, has entrusted TBX Nexxia with the long-term supply of CRA tubulars for gas extraction and production within Abu Dhabi. Beyond immediate economic benefits, the platform is poised to stimulate high-value job creation, fostering expertise in advanced manufacturing – including metallurgy, process engineering, and quality control – critical for long-term industrial competitiveness. This represents a substantial injection of sovereign capital into a strategically important sector, directly contributing to the UAE’s enhanced economic resilience and energy independence.
The creation of TBX Nexxia demonstrates the power of strategic international partnerships in driving regional industrial transformation. By localizing advanced manufacturing, the UAE reduces reliance on distant processing centers, optimizes delivery timelines, and strengthens its long-term energy security posture. The platform’s production capacity of 20,000 tonnes per year in CRA OCTG signals a substantial commitment to supporting the region’s expanding energy infrastructure. This initiative, underpinned by Tubacex’s ESG leadership and alignment with sustainability goals, reinforces the UAE’s commitment to responsible industrial growth and solidifies Abu Dhabi’s position as a leading industrial hub in the MENA region, attracting further investment and fostering a dynamic ecosystem of innovation and value creation.
