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Water supply / treatment - Business News

- 19 July 2006 -
Joint venture to manufacture pipes in India

INDIAN COMPOSITES manufacturer Kineco Pvt Ltd, of Goa, has set up a joint venture with US FRP pipe manufacturer Conley Corporation, of Tulsa, Oklahoma, for the manufacture of glass reinforced epoxy (GRE) piping systems.

The joint venture is called Conley Kineco Pipe System Pvt Ltd and it is investing US$1 million in a state-of-the-art plant in Goa. The plant is all set to go on-stream by August 2006. Kineco says that it will be the first GRE pipe manufacturing plant in India.

The plant will manufacture filament wound pipes, fittings and accessories using Conley’s proprietary technology. It will have an annual production capacity in the range of 75-150 km depending on the pipe diameter.

The joint venture’s target markets include the petroleum (onshore and offshore) sectors, shipping, chemical and pharmaceutical plants, and water and waste water installations.

Conley Corporation; www.conleyfrp.com

Kineco Pvt Ltd; www.kinecogroup.com

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