Driconeq announced today that its Board of Directors has appointed Mats Blacker, 52, as the Company’s President and Chief Executive Officer, taking up duties on the 1st of August 2010. Mr Blacker has almost 25 years of international business experience in the industrial mining and construction markets. He has served in a variety of senior positions within Trelleborg and Sandvik and related operations. “We are very happy that Mr Blacker joins Driconeq; in particular we appreciate his sound technical knowledge and strong focus on the development of emerging markets. Mr Blacker is an asset to Driconeq and his joining will strengthen and reinforce our position on the global market” says Mr Ingar Jensen President of Board of Directors.

Driconeq is one of the leading global supplier of high quality drill pipes and accessories to the mining, geothermal, water well and construction markets. All pipes have heat treated tool joints for maximum wear resistance and midbody with high quality steel grade tubes to ensure the costumers competitiveness