Central Asia's first seamless pipe plant likely to be built in Kazakhstan
Kazakhstan's Deputy Prime Minister – Minister of Foreign Affairs Murat Nurtleu held a meeting with Stefano Manfredi, General Director of the Spanish company TUBACEX IBF Kazakhstan, Kazinform News Agency learned from the press service of the Kazakh MFA.
The sides discussed the issue of establishment in Kazakhstan of the first seamless pipe plant in Central Asia, producing pipes from stainless steel and nickel alloys. The project aligns with Kazakhstan’s strategic priorities to develop a high-tech industry and expand import substitution potential in the metallurgical sector.
Minister Nurtleu emphasized that the Kazakh Government is ready to provide comprehensive support for the implementation of the investment project, noting that the launch of the new plant will make a significant contribution to strengthening the country’s industrial sector and creating new jobs.
Founded in Spain, TUBACEX specializes in the production of seamless stainless steel and nickel alloy pipes for the energy, oil and gas, and petrochemical sectors. Today, the company operates 24 production plants and 14 service centers worldwide. Since 2022, TUBACEX IBF Kazakhstan has been successfully operating in Atyrau, specializing in the production of pipeline connectors and actively participating in production localization processes.
Earlier Minister Nurtleu held a meeting with Sairan Kadyruly, Non-Staff Advisor for Investments to the Deputy Prime Minister of Mongolia. The parties discussed the ways to strengthen bilateral cooperation in trade and economic relations, investment, cultural and humanitarian spheres.
