DP Jindal Group to buy seamless plant in Romania

New Delhi, Dec 6: Country's leading producer of seamless pipes DP Jindal group today said it will acquire a seamless pipes plant in Romania with a capacity of 2,00,000 TPA in its flagship company, Maharashtra Seamless Ltd (MSL).

''We will buy a plant in Romania, which has a capacity of 2,00,000 TPA,'' a company statement said.

DP Jindal group, with a turnover of Rs 3,000 crore, has diversified interests in manufacturing of seamless pipes, ERW pipes, wind power generation, offshore oil and gas drilling and projects exports.

The Group also has a joint venture with Tenaris, world's largest manufacturer of seamless pipes, and has marketing collaboration with Noble Drilling, US, the second largest drilling company of the world, for Indian operations.

UNI