Jindal SAW, an Indian manufacturer of steel pipes for the energy, transportation, and water sectors, has announced a significant investment of $118 million to enhance its operations in the Middle East and North Africa (Mena) region. This plan includes establishing a new facility in Abu Dhabi, which will require an investment of $105 million and is expected to produce 300 000 tonnes of seamless pipe annually.

Credit: AGBI

The Abu Dhabi facility is projected to be completed within three years and will primarily serve the oil and gas sector in the Mena region. In addition to the new plant, Jindal SAW is expanding its presence in Saudi Arabia through its wholly owned subsidiary, Jindal Saw Holdings, with plans for two new joint ventures.

One of these joint ventures will be formed with Buhur for Investment Company to create a plant for manufacturing helically spiral-welded pipes. Jindal SAW will hold a 51 percent stake in this venture, committing up to $10 million. This facility is expected to be operational within two years.

The second joint venture will be with RAX United Industrial Company, focusing on developing a ductile iron pipe manufacturing unit. Jindal SAW will also hold a 51 percent stake in this project, with a capital investment of up to $3 million, which is anticipated to be completed within 12 to 18 months.