Solewant Group invests $200M to expand steel pipe plant in Nigeria

Solewant Group is investing over $200 million (including $50 million already spent and $150 million additional) to expand its automated LSAW pipe milling plant at Alode, Eleme-Onne, Rivers State, Nigeria, to meet African demand for standard steel pipes in oil, gas, and water sectors.

“Solewant Group, said it has spent over $50 million and currently investing additional $150 million, cumulating to over $200 million investments, in the expansion of its automated Longitudinal Submerged Arc-Welding (LSAW) pipe milling plant.”investorsking.com

• 1 source
• investorsking.comSolewant Group Invests $200m To Meet Africa’s Standard Steel Pipe Needs | Investors KingSamed OlukoyaSep 30, 2021

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