Interpipe has invested $8 million in the construction of the pipe finishing line at its Interpipe Niko Tube works in the city of Nikopol.
The assembly of the machinery has been completed. Now the line is being tested.
When it reaches its project capacity it will be able to process 93 thousand tons of pipes per year.
“The construction of the line is another step of the company to reorient manufacture and sales to the markets of far foreign countries. We have already shipped the first order made with the use of the new machinery”, Interpipe CFO Denis Morozov said. (Ukrainian metal)