India-based
pipe producer
Jindal SAW has announced that its
UAE-based subsidiary
Jindal SAW
Middle East (JSME) has secured a loan facility of AED 465 million ($126.6 million) for its long-term and growth capital requirements.
According to
Jindal SAW's statement, JSME has set up the largest facility in Abu Dhabi,
UAE to produce ductile iron pipes of various sizes and focuses on providing high quality techno-economic products and solutions for water transportation and sewage systems in the wider
Middle East and North Africa (MENA) region. JSME has already been approved by various MENA region countries for supply of its ductile iron pipes.