Oil and Gas
While the population of the world continues to grow, with 9.2 billion people expected by 2050, so does the average standard of living driven by a sustainable economic average in emerging and developed economies. Investments in R&D and manufacturing technology are crucial to maintain a long term competitive advantage. While making these important investments, companies also have to focus on controlling costs, improving productivity and searching for new technologies. There is a growing demand for machining exotic materials in the oil and gas industry, capable to withstand the most hostile environments such as high temperatures, corrosion and extreme pressure conditions. This industrial branch not only consumes more and more tools but constantly puts forward new demands, which have a significant impact on advances in cutting tools. For this purpose ISCAR brings its customers innovative tooling solutions, combined with the highest quality assurance standards worldwide.