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Cameron has agreed with CNPC to set up a joint venture manufacturing pipeline ball valves, mainly for CNPC's planned pipeline construction across China over the coming decade. No value or plant location was given.
“Cameron has an agreement with CNPC to establish a joint venture for the manufacture of pipeline ball valves mainly for use by CNPC.”prodadmin.pgjonline.com
Summarized from public sources; check the original articles before acting on it.