News

Corpac Steel Products Exhibiting at Colombia International Petroleum Conference

Posted on November 8, 2011

Show held by ACIPET in Bogota, Nov. 22-25; Corpac teaming up with HP for tablet giveaway

MIAMI – Nov. 8, 2011 – Corpac Steel Products, Corp. (www.corpacsteel.com), a global steel supplier and trading company, announces its participation in the Colombia International Petroleum Conference & Exhibition, held November 22-25 in Bogotá, Colombia. The show is organized by the Asociación Colombiana de Ingenieros de Petróleos, or ACIPET, and is in its twenty-sixth year. Learn more about the show at http://www.acipet.com/congreso/.

Corpac invites attendees to meet with team members at its booth and register to win an HP Slate Tablet. More details will be available at the conference, or view online at http://www.corpacsteel.eventohp.com/.

About Corpac

Corpac Steel Products (http://www.corpacsteel.com) is a leading global supplier and trader of pipe and steel products, specializing in line pipe, standard pipe, OCTG, conduit and structural products. Leveraging its proprietary Crossover Distributor™ system, Corpac actively serves clients in more than 20 industries including wholesale and distribution, petroleum, utilities, transportation and infrastructure, power and alternative energy, water supply, natural resources and general construction. Corpac is a privately held company based in Miami, FL, with operations, sales channels and inventory locations throughout North America, South America, the Caribbean, Europe and Asia. Founded in 1992, the company is ISO 9001 certified in the United States and Colombia, and considered to be the first ISO 29001:2010 certified pipe and steel supplier in the world.

CORPAC Steel Products First Company of its Kind to Earn ISO/TS 29001:2010

Posted on September 8, 2011

International Technical Standard is basis for Quality Management System requirements for product and service providers in oil and gas industries

Corpac Steel Products, Corp. (www.corpacsteel.com), a global steel distribution and trading company, has earned ISO/TS 29001:2010 certification, a Technical Standard for quality management systems (QMS) requirements specific to the oil and gas industries. The formal certificate, issued by Det Norske Veritas Certification, Inc. on August 15, 2011, recognizes that Corpac conforms to the management system standard as a product and service provider to the petroleum, petrochemical and natural gas industries. The statement is valid for Distribution and Trading of Coated and Un-coated Line Pipe; Oil Country Tubular Goods; Structural & Standard Products; Valves & Fittings; and Electrical Conduit.

“We believe Corpac is the first distributor of its kind in the world to receive ISO/TS 29001:2010 certification, and certainly the first with our Crossover Distributor ™ system, to earn this certificate,” said Jorge Woldenberg, Chief Executive Officer. “We are honored to receive independent confirmation of our quality management system. While our customers recognize Corpac’s commitment to supplying world-class quality pipe and steel products and solutions, this designation affirms our industry leadership and certifies that we meet the highest internationally recognized standards set for the industry.”

ISO/TS 29001:2010 is the result of cooperation between the American Petroleum Institute (API) and ISO technical committee ISO/TC 67 covering materials, equipment and offshore structures for petroleum, petrochemical and natural gas industries. The entities developed ISO/TS 29001, also published as API Q1, to provide a single QMS document to meet the needs of the oil and gas industries worldwide, specifically the major petroleum, petrochemical and natural gas organizations, as well as government and regulatory agencies. The TS 29001 certification provides a basis for qualification of the QMS of equipment manufacturers and service suppliers.

About Corpac

Corpac Steel Products (http://www.corpacsteel.com) is a leading global distributor and trader of pipe and steel products, specializing in line pipe, standard pipe, OCTG, conduit and structural products. Leveraging its proprietary Crossover Distribution™ system, Corpac actively serves clients in more than 20 industries including wholesale and distribution, petroleum, utilities, transportation and infrastructure, power and alternative energy, water supply, natural resources and general construction. Corpac is a privately held company based in Miami, FL, with operations, sales channels and inventory locations throughout North America, South America, the Caribbean, Europe and Asia. Founded in 1992, the company is ISO 9001 certified in the United States and Colombia, and considered to be the first ISO/TS 29001:2010 certified pipe and steel distributor in the world. 

CORPAC Steel Products Secures $150 Million Credit Facility for Global Expansion

Posted on July 21, 2011 by Corpac

Corpac Steel Products, Corp. (www.corpacsteel.com), a global steel distribution and trading company, has closed on a new syndicated revolving credit facility of US $150 million. The facility, which includes an accordion feature, will be primarily used for Corpac’s continuing growth by funding its global operations. The facility was led by Bank of America Merrill Lynch, and is also provided by BankUnited, HSBC, Mercantile Commerce Bank and Societe Generale.

Jorge Woldenberg, Chief Executive Officer of Corpac, commented: “I am very pleased to close on this facility, which extends our financial strength and gives us the flexibility to capitalize on opportunities as and when they arise. As Corpac continues to grow by relentlessly focusing on our customers’ needs, this facility positions us to maximize the potential of our existing operations throughout the world.”

“Not only is Corpac confidently poised to continue our global growth and leadership, but we also have strong support from great financial partners with international success,” added Edgardo Vargas, Chief Financial Officer of Corpac. “This credit facility will support our business for years to come as we expand, as well as strengthen our leadership position in international regions where we already have a significant presence.

CORPAC Steel Products Earns ISO 9001 Certification for Quality Management System

Posted on May 23, 2011 by Corpac

MIAMI - Corpac Steel Products, Corp. (www.corpacsteel.com), a global steel distribution and trading company, announced that on May 23, 2011 it earned ISO 9001:2008 certification, the most widely recognized international standard for quality management systems (QMS). The formal certificate recognizes that Corpac conforms to the management system standard for the following products and services: Distribution and Trading of Coated and Un-coated line Pipe, Oil Country Tubular Goods (OCTG), Structural & Standard Products, Valves & Fittings, and Electrical Conduit.

ISO 9001:2008 certification is granted to organizations that adhere to international standards for quality management that ensure the organization fulfills and achieves continual improvement of its performance in pursuit of the customers’ requirements, applicable regulatory requirements and enhancement of customer satisfaction.

“Corpac’s ISO 9001 certification validates our strong commitment to consistently supply world-class quality pipe and steel products and solutions to our customers, along with continual improvement in everything we do,” said Jorge Woldenberg, Chief Executive Officer. “While customers have long recognized the quality, value and superb customer service that Corpac delivers, this independent ISO certification confirms that the quality standards we’ve established as part of our culture meet the highest international standards.”

A Crossover Distribution™ system streamlines the roles of manufacturers, trading companies, distributors and logistics providers. By adopting this global and cross-functional supply chain model, customers can more effectively manage time, cost and risks for a faster, more reliable, strategic and competitive integrated product and service solution. Based on project needs, the system may include custom product design and planning, manufacturer vetting, selection and coordination, production-line supervision, quality assurance, project financing, and management of logistics from point of origin to point of need. It is the most efficient, rapid and low-cost option for pipe and steel distribution in the industry today.