# 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.

- Type: Expansion
- Announced: 2021-09-30
- Where: Alode, Eleme-Onne, Rivers State, Nigeria
- Value: $200.0M
- Status: under construction
- Products: longitudinal submerged arc-welded (LSAW) steel pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Solewant Group](https://endata.com/companies/58052.md)

## Sources

- [investorsking.com](https://investorsking.com/2021/09/30/solewant-group-invests-200m-to-meet-africas-standard-steel-pipe-needs/), 2021-09-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.