As per a report, Alchemia will liquidate its Rurexpol branch in Czestochowa, which produces specialist pipes of diameters 121-273 mm, along with alloy and structural tubes. The liquidation is expected to finalize by February 2025.
Oct 17, 2024
Alchemia SA, a steel subsidiary of the Polish industrial group Boryszew SA and a manufacturer of seamless steel pipes and other related products, has announced the liquidation of its Rurexpol branch in Czestochowa, as per a media report.
The liquidation is expected to be finalized by February 2025.
Rurexpol manufactures seamless pipes with diameters ranging from 121 mm to 273 mm used in oil and other industries. The company also produces alloy pipes for the energy sector and structural pipes for further machining.
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Alchemia SA Holding said the decision was made due to the expected loss of Rurexpol’s ability to compete in the market amid the deteriorating situation in the European steel industry, which led to a decrease in demand for the company’s products. In addition, it pointed to the outdated production technology and high costs of maintaining production activities.