Turkey's largest steel
pipe and tube producer Borusan Mannesmann Boru has signed an agreement with Europipe
France S.A. regarding the purchase of two spiral welded
pipe production line.
The
production lines, which will cost Euro 5 million, will increase the spiral welded
pipe production by 100.000 tons to 200.000 tons per annum.
After the
production lines step in operation, Borusan will largely focus on the export markets, such as
Spain,
Iran,
Jordan and
Portugal.
Borusan Mannesmann Boru General Manager Tayfun Iseri said “Borusan Mannesmann Boru has a serious specialized experience and quality in producing
pipe. This allows us an advantage in
pipe line projects. Spiral pipes have a significant potential in overseas markets. Therefore, we decided to increase our capacity in this product segment in an effort to evaluate this high profitability potential.”