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Man Industries, Aramco Asia India plan to set up steel pipe unit in Saudi Arabia

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New Delhi: Man Industries (India) on Thursday said it has signed an agreement with Aramco Asia India to explore the opportunity to establish a steel pipe manufacturing facility in Saudi Arabia.

The memorandum of understanding (MoU) with Aramco Asia India is effective immediately for a period of five years, Man Industries (India) said in an exchange filing.

The agreement aims to explore “the potential to establish a state-of-the-art steel pipe manufacturing facility in the Kingdom of Saudi Arabia through MAN or its subsidiaries”, it added.

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MAN Industries (India) is one of the largest players in longitudinal submerged arc welded (LSAW) pipes, spirally welded pipes and coating systems.


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