Zhejiang Province-based Chinese pipe producer Kingland Group and the largest private sector Chinese steelmaker Jiangsu Province-based Shagang Group have inked an agreement for the establishment of a joint venture, according to local newspaper Zhejiang Daily.
The joint venture aims to produce large-caliber straight-seam double-sided submerged-arc welding steel pipe with an annual output capacity of 120,000 mt. The products will mainly be used in pipelines for the transmission of oil, gas and water.
Kingland Group to build steel pipe JV with Shagang Group
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