May 31 2004
Shanghai BSW Petropipe Co Ltd, a joint venture between China’s Baoji Petroleum Steel Pipe Company and Malaysia’s UMW Group was launched yesterday. The two companies own 51 and 49% of the US$19million joint venture respectively.
Shanghai BSW Petropipe Co Ltd, currently has an annual production capacity of 120,000 tons of spiral submerged-arc welded pipes, however, this could increase as additional production lines become available.
The pipes they produce will be used for the long distance transportation of oil and gas.
For more information on pipes, click here.