SeAH Changwon Integrated Special Steel Establishes JV with Aramco

South Korean SeAH Changwon Integrated Special Steel & Saudi Arabia’s Oil & Gas giant Aramco’s joint venture SeAH Gulf Special Steel Industries has completed the establishment. The JV has set up a seamless stainless steel pipe and tube plant in in partnership with Aramco’s Saudi Arabian Industrial Investments Dussur. SeAH Gulf Special Steel Industries will invest USD 230 million to build a plant in King Salman Energy Park SPARK, a new city being developed as an international hub for the energy industry in the eastern part of Saudi Arabia. The plant will produce 17,000 tonnes of high value-added seamless stainless steel pipes and tubes annually. Ground will be broken in the fourth quarter of this year, with commercial production scheduled for the first half of 2025.Meanwhile, SeAH Group’s four products, including stainless steel precision pipe products from subsidiaries CT and Inox Tech stainless welding steel pipes have obtained a new vendor certificate from Aramco. SeAH Group is targeting the Middle East market as well as large-scale national projects in Saudi Arabia.

SeAH Changwon Integrated Special Steel Establishes JV with Aramco

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