OREANDA-NEWS. Leading steel company Interpipe has commenced the upgrade of its finishing lines at the Interpipe Niko Tube facility as part of its ongoing programme of investment in its production facilities. This investment will involve the replacement of existing finishing lines with two higher productivity lines that will be equipped with state-of-the-art NDT units.
 
Andrey Korotkov, Interpipe Director for Production and Investments said:
“Interpipe has designated the increase of pipe production at the Interpipe Niko Tube mill as a key part its overall business development programme. Investment in new finishing lines is crucial to be able to deliver this upswing in productivity, and this investment will increase the production levels of finishing lines at the mill to 525 thousand tons per year.”
 
The first line is scheduled to launch in October 2008, the second one on December 2008. Austrian company LINSINGER, German companies REIKA and FOERSTER and Czech Republic company PRESTAR were selected as the suppliers of equipment for the project.