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Navratan to venture into API pipes
Rajasthan-based Navratan Pipe & Profile Ltd plans to venture
into the manufacturing of API pipes. The pipes are being used in the oil and gas
sectors.
"API pipe manufacturing will take around 6 to 8 months time as certain licenses
or permissions are required," says Anil Garg, Vice President. The company
manufactures black steel pipes. It also manufactures cold rolled forming
sections for various applications like Z-perlins, guard rails, scaffolding
pipes, deck sheets.
Including black steel pipes and cold rolled forming sections, the manufacturing
capacity of the company is around 70,000 metric tonnes per annum. Started in May
2006, with an investment of Rs 10 crore, the manufacturing unit is at Khuskhera,
Rajasthan. The brand for the company's pipe is Navratan.
[13 August 2007]
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