MRC Global announces global rebranding effort
MRC Global recently announced it has initiated a rebranding of its global brands. As part of these efforts, the company has adopted a new logo to represent its global brand. While the company will continue to operate with sub-brands when appropriate, its primary identity will be the MRC Global brand.
“We have been in business for nearly 95 years and have experienced a significant amount of growth,” MRC Global Chairman, President and CEO Andrew Lane said. “Through it all, our core values have given us a platform for success. Our brand and new logo reflect both this solid foundation and our promising future.”
The change will be most notable in the United States. The company’s U.S. business previously was known as McJunkin Red Man Corp., after the 2007 “merger of equals” between McJunkin and Red Man Pipe and Supply. It will now operate under the brand MRC Global as MRC Global (US) Inc.
In other news, the company announced it has signed a five-year contract to supply pipe, valves and fittings products and services for Phillips 66. The global agreement is an expansion of the existing North American supply contract between the two companies and has been expanded to include refining in Europe. Phillips 66 is a diversified energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses.
“This expansion from a North America-only contract to one with global scope is a result of our more than 30-year track record of providing Phillips 66 and its heritage companies with high-quality PVF products and services,” Lane said. We are grateful they continue to trust us with their business.”