Borusan to Invest $68mn on Steel Pipe Facility in Panama City

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(Chad Archey, Energy Analytics Institute, 27.Dec.2024) — Borusan Pipe will allocate $68mn to enhance its large-diameter steel pipe production facility in Panama City, Florida.

This strategic upgrade introduces cutting-edge pipe-forming technology that will elevate Borusan Pipe’s manufacturing capabilities and further strengthen its position in the US steel pipe market, Borusan said 27 Dec. 2024 in an official statement.

The Panama City facility is operated by  Borusan Pipe’s US subsidiary Borusan Berg Pipe Holding Corp. The facility will integrate advanced technology to shape large-diameter steel pipes through a 3-step process—forming flat steel plates into “J,” “C,” and finally “O” shapes. 

According to Borusan, an industrial venture of the Borusan Group established in 1958, these enhancements will enable the production of smaller-diameter pipes and thicker walls, achieving global standards and addressing critical market needs.

The Panama City facility is slated to commence operations in 2027. The upgraded facility will broaden Borusan Pipe’s product range, producing pipes with diameters ranging from 16″ to 60″ and wall thicknesses of up to 2,” the company said.

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By Chad Archey reporting from Atlanta. © Energy Analytics Institute (EAI). All Rights Reserved.

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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