Man Industries will build a new plant in Dammam, Saudi Arabia with an investment of INR 6 billion.
Aug 20, 2024
India’s leading steel pipe manufacturer, MAN Industries Limited, is set to establish a new plant in Dammam, Saudi Arabia, with an investment of INR 6 billion. The company in a statement said that the new plant will consist of line pipe manufacturing and a coating facility catering to Saudi Arabia’s growing demand. The new plant will enhance the company’s capacity by 0.4 to 0.5 million tonnes overseas. The facility will be funded through debts and internal accruals, the statement said.
