China-based Jiangsu Changbao Steel Tube Company will build up a steel pipes manufacturing facility worth $20m in Oman to supply the domestic and regional oil and gas industry, Trade Arabia reported.
The plant is to be located in the Sohar Freezone with a production capacity of 50,000 tons of steel pipes and tubular products.
According to MENAFN, Jiangsu Changbao is world’s leading manufacturer of small diameter alloy boiler tubes, one of China’s oldest seamless steel tube mills catering to the power generation segment, and is marketed globally.