Varel International and NewTech Services Launch Russia’s Most Advanced Plant
Varel International and NewTech Services announce building completion and launch of their Polycrystalline Diamond (PDC) Drill Bit manufacturing plant located in Kurgan, Russia. Using the most advanced global technologies and tools this plant will be one of the most modern PDC plants in the world and the most modern in …
NewTech Services and Varel International Create Joint Venture
NewTech Services (NTS) and Varel International announce the creation of a 50-50 joint venture company focused on manufacturing, assembling, servicing and sales of oil and gas drill bits for the Russian CIS market and beyond. The joint venture, Varel NTS, will establish a state-of-the art PDC manufacturing and service facility …