ArcelorMittal Tubular Products Jubail

ArcelorMittal Tubular Products Jubail (AMTPJ), a joint venture of ArcelorMittal and Saudi Arabia's Public Investment Fund, has completed the acquisition of Jubail Energy Services Company (Jesco) from TAQA Industrialization and Energy Services Company. The deal creates the sole seamless pipe producer in the Middle East with a combined capacity of 1 million tonnes per year.