Saudi Steel Pipe Plans to Start Production Plant Venture With Korea's TSM
Stock Chart for Saudi Steel Pipe Co (SSP)
Saudi Steel Pipe Co., a manufacturer of welded pipes, said it agreed to start a new titanium and steel company with South Korea’s TSM Tech Co. with production from a plant to start in 2012.
Saudi Steel Pipe will hold a 70 percent stake in the venture, according to a company statement on the Saudi bourse website today.
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