On July 6,
construction of a new seamless
pipe manufacturer named Chongqing Aoguan Steel
Pipe Co., Ltd was launched in Rongchang Industrial Park in the city of Chongqing,
China.
The new plant will cover an area of four hectares. The total investment in the project is expected to reach RMB 120 million ($18.5 million). Three seamless
pipe production lines are to be built, each with an annual output capacity of 600,000-800,000 mt of high precision seamless
pipe used in the manufacture of machinery, boilers, automobiles and motorcycles.