Jindal Saw has announced plans to establish an additional Longitudinal Submerged Arc Welded (LSAW) pipe facility in the Kingdom of Saudi Arabia. This decision comes as part of a joint venture with Buhur Altavision Co to meet the growing demand for pipes in the region.
The board of directors of Jindal Saw approved the proposal during their meeting on 27th April 2026. The meeting commenced at 2:00 p.m. and concluded at 5:40 p.m. This development follows a previous announcement made on 9th June 2026, where the board had approved the investment for a Helically Spiral Welded (HSAW) pipe project in Saudi Arabia.
The new LSAW facility aims to bolster the company’s production capabilities and cater to the increasing demand for pipes in the Middle Eastern market. The strategic move is expected to enhance Jindal Saw’s presence in the region and strengthen its position as a leading supplier of pipe solutions.
Jindal Saw’s collaboration with Buhur Altavision Co is a significant step in expanding its operational footprint and leveraging the joint venture’s resources to maximise production efficiency and output.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).