India-based Welspun Corp’s US subsidiary to invest $100 million in Arkansas pipe plant

Thursday, 21 November 2024 15:26:16 (GMT+3)   |   Kolkata

Welspun Tubular LLC, the US-based subsidiary of India’s Welspun Corporation, will invest an estimated $100 million to upgrade its steel large diameter line pipe making plant at Little Rock, Arkansas, company sources said on Thursday, November 21.

The expansion of Welspun Tubular’s product portfolio will involve the manufacture of large pipes with an outer diameter of 24 inches, with 0.75 inch wall thickness, with grades up to X80, and an annual capacity of 350,000 mt per year.

The upgrade is expected to be completed by December 2025, with production to start in the first quarter of 2026, the sources said.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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