Luxembourg-based Tenaris, manufacturer and supplier of seamless and welded steel pipe products, has announced that it has acquired Texas, US-based Cameron International's sucker rod plant, equipment and assets located in the southern Romanian town of Campina.
Through the acquisition of the rod mill with an annual output capacity of 500,000 units per year, Tenaris will strengthen its presence in Romania. Tenaris' current rod production capacity will increase by approximately 20 percent with sucker rod manufacturing facilities located in Villa Mercedes, Argentina, in Pindamonhangaba, Brazil, and in Veracruz, Mexico.
The new facility will allow Tenaris to meet the growing demand from customers in Europe and the Middle East.
Tenaris acquires sucker rod facility in Romania
Demet Kazdal
EditorAfter graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.
Similar articles
Emsteel keeps August rebar prices stable as UAE market sees no need for adjustment
21 Jul | Longs and Billet
Local Indian rebar prices show mixed trend amid negative outlook stretching beyond monsoon season
21 Jul | Longs and Billet