"Dexon Technology PLC Expands Presence in North America with Launch of Dexon Technology Inc. USA
Dexon Technology PLC, a renowned provider of smart pigging technology for the oil and gas industry, has taken a significant stride towards serving the North American and Canadian markets by introducing Dexon Technology Inc. USA. This new subsidiary will cater to the growing demand for advanced pipeline inspection solutions in the region. The approval of USD 1,000,000 in funding for the USA expansion by Dexon's board of directors, following the company's recent listing on Thailand's Market for Alternative Investment (MIA) stock market, demonstrates their commitment to this venture.
The establishment of Dexon Technology Inc. USA represents another milestone in Dexon Technology PLC's global expansion strategy, building upon the successful launch of Dexon Technology Europe. With a new office in Houston, Texas, the subsidiary has been formed with a registered capital of USD 1,000,000, ensuring sufficient resources to support operational activities and drive growth in North America.
Dexon Technology Inc. USA will specialize in the application of smart pigging technology for both onshore and offshore oil and gas pipelines, as well as fired heaters (furnaces). Smart pigging involves the use of intelligent devices to conduct comprehensive inspections, assessing the integrity of pipelines and fired heaters. This advanced technique plays a crucial role in minimizing the risk of leaks and other operational hazards, enhancing safety and efficiency in the industry.
With Dexon Technology PLC retaining 100% ownership of the shares issued under Dexon Technology Inc. USA, the subsidiary will closely align with the parent company's vision and values. This launch signifies a pivotal moment in Dexon Technology's global expansion plans, emphasizing their commitment to providing top-tier smart pigging services to customers across the Americas.
Dexon Technology PLC's entry into the North American market through Dexon Technology Inc. USA underscores their dedication to delivering cutting-edge solutions and maintaining industry leadership in pipeline inspection technologies. As they extend their presence to the North American and Canadian regions, Dexon Technology is poised to provide exceptional value to clients, elevating standards of pipeline integrity and operational excellence."
