pipe production
The French company announced the decision to close two German plants in 2022
In 2023, as the company predicts, the indicator will reach €950 million – €1.1 billion
The construction of the new production line is planned to begin in 2024, and its launch is planned for 2025
12 May 2023
Sales revenue in January-March 2023 increased by 102.8% year-on-year
In the first quarter, the company increased sales by 75% y/y
News Global Market pipe production
14 April 2023
The value of the deal was $162 million
10 April 2023
One of the reasons was the unfavorable market situation
26 March 2023
Production is planned to be located in the industrial zone in the port of Ain Sokhna
13 March 2023
The dynamics were affected by logistical problems and restrictions on the electricity supply
In the near future, the company plans to start a full cycle of pipe production
The new production site will produce tubes for the cars' fuel systems
The company will specialize in tool tubes for the automotive industry