Jiangsu Province-based Jixing Pipe Technology Co. has held a groundbreaking ceremony for its new abrasion-resistant composite steel pipe production project in the Binjiang district in the city of Nantong, as reported by China Metallurgical News.
Investment in the project will total RMB 1 billion ($159 million), while the planned annual output capacity of abrasion-resistant composite steel pipes is 100,000 mt.