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FINANCIAL NEWS
Saudi Zamil opens $153m plant in Dammam
22 Apr 2010
(MENAFN) A senior executive at Zamil Group, one of Saudi biggest industrial groups, said that the company has inaugurated Saudi Seamless Pipes Factory Company (Zamil Pipes), an API 5CT new seamless pipes processing facility in Dammam Second Industrial City, Arab News reported.
He pointed out that the $153 million, 30-hectare facility is designed to process full size OCTG casings up to 13 3/8″ with a production capacity of 200,000 tons per year.
Zamil Pipes is an ISO 9001:2008 limited liability company, founded in 2007 as a member of Zamil Group to be Saudi’s first processor and end-finisher of oil countries tubular goods used as casings under one roof.
The official affirmed that the project offers employment for 200 people at full capacity and is planned to serve Saudi Aramco primarily as well as other regional oil companies.
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