Perma-Pipe to Acquire 51% Stake in Welspun Special Coating for Pipe Coating Services in India
Perma-Pipe Qatar will acquire a 51% stake in Welspun Special Coating Private Limited for INR 51,000, while Welspun Corp will hold the remaining 49%, establishing a joint venture focused on internal fusion-bonded epoxy (IFBE) coating services for steel pipes in India. Nov 12 2026 Perma-Pipe International Holdings, Inc., through its wholly owned subsidiary Perma-Pipe Qatar, […]
Tenaris Acquires isOplus’ Oil, Gas Division with USD 10 Million Investment, Expands Line Pipe Coating Business
Tenaris acquired isOplus’ oil and gas division, under the name of Tenaris Coating Italy, with a USD 10 million investment. As per Mr. Andrea Previtali , Tenaris Vice President Line Pipe and Process, and President of the newly acquired company, this investment enhances Tenaris’ value proposition in the offshore market. Jul 3, 2023 Tenaris has […]
