EQS-News: Schoeller-Bleckmann Oilfield Equipment AG / Key word(s):
Expansion
SBO inaugurates expanded facility in Vietnam and strengthens global supply
chain flexibility
12.06.2025 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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SBO inaugurates expanded facility in Vietnam and strengthens global supply
chain flexibility
SBO, a global leader in precision technology, officially inaugurates a
4,000 m^2 expansion to its manufacturing site in Vietnam today. The
increased capacity strengthens SBO’s position across the Eastern
Hemisphere and enhances its ability to serve global markets with high
quality, flexibility and sustainability.
Located near Ho Chi Minh City, the site has grown to over 12,000 m² of
production space for SBO's high-precision, high-tech state-of-the-art
manufacturing capabilities, including all types of CNC machining with
rigorous process and control systems, delivering best in class on-time
delivery and quality. The business focus is on non-magnetic
high-complexity drill string components, to include Measuring While
Drilling, Logging While Drilling and Rotary Steerable Components utilized
for directional drilling, as well as precision components utilized within
Wireline, Completions, Sub-Sea, Pressure Control and Process Systems. The
expansion marks a major milestone both in the 16-year presence of the
Group in Vietnam and SBO’s global expansion strategy.
A global platform with local excellence
“This expansion reflects our long-term commitment to Vietnam and
underlines the strategic importance of this location in our global
footprint,” says Klaus Mader, CEO of SBO. “Over the years, our facility in
Vietnam has become an increasingly important and valued part of our global
operations, delivering highest quality and performance. We take great
pride in the achievements at this site and the dedication of the strong
local team driving them.”
SBO’s Vietnam subsidiary has built a successful reputation for operational
performance and employee development. The site serves global customers
with high-complexity, precision-machined components, focusing on the
Asia-Pacific and Middle East region. The subsidiary has established itself
as one of SBO’s benchmark facilities, driven by its adherence to
international standards and a focus on operational excellence.
A clear commitment to the community and the environment
Sustainability was a key focus of the new site design. The building
incorporates energy-efficient materials, utilized sustainable construction
techniques and will be equipped with a solar energy plant. These efforts
align with SBO’s broader ESG strategy, emphasizing decarbonization,
ethical operations and responsible growth.
SBO has also become a respected contributor to the local community in
Vietnam. The local company runs long-standing scholarship programs for
disadvantaged children in partnership with SaigonChildren and the
Christina Noble Children’s Foundation. Regular initiatives such as family
days, health checks, and charitable visits reflect SBO’s people-first
approach and its commitment to social responsibility.
“We’ve built this site step by step over many years, and today’s opening
is a reflection of what consistent teamwork and focused development of
local know-how can achieve,” says Campbell MacPherson, COO of SBO. “The
dedication of the people here has made this a success story for SBO.”
A strong foundation for future growth
The grand opening was attended by local officials, long-term customers,
project partners and employees. Highlights included a ribbon-cutting
ceremony and a joint tour of the facility.
With the expanded facility in Vietnam now operational, SBO’s Precision
Technology division is better placed to improve delivery, balance global
capacity, and meet customer needs, fully in line with the Group’s
strategy.
About SBO
SBO is leading in the manufacture of high-alloy, non-magnetic steels,
high-precision components and high-tech equipment for the energy sector
and other industrial sectors. The global precision technology group,
headquartered in Ternitz, Austria, operates worldwide at more than 20
locations with around 1,600 employees. The group delivers cutting-edge
technologies backed by a highly innovative product portfolio and strong
intellectual property. In its Precision Technology division, SBO
specializes in high-precision metal components, ranging from complex steel
parts to additive manufacturing solutions for industries requiring maximum
accuracy and performance. In the Energy Equipment division, SBO provides
high-tech equipment for directional drilling and well completion including
high-precision flow control products. Designed for extreme conditions,
these solutions perform in high-temperature and high-pressure
environments, serving important industries including oil and gas, energy
and other industrial sectors. SBO is listed in the leading index ATX of
the Vienna Stock Exchange (ISIN AT0000946652). More information:
(1)www.sbo.at
Contact:
Monika Bell, Head of Investor Relations
phone: +43 2630 315-253
email: (2)investor.relations@sbo.at
(3)media.relations@sbo.at
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12.06.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
2630 Ternitz
Austria
Phone: +43 (0)2630/315110
E-mail: info@sbo.at
Internet: http://www.sbo.at
ISIN: AT0000946652
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2153944
End of News EQS News Service
2153944 12.06.2025 CET/CEST
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