Welspun Corp receives order for Carbon Capture Pipeline project in US

Welspun Corp Limited has secured a significant order for a Carbon Capture Pipeline project in the United States. This order is for supply of 785 miles (1,256 KM) or 100,000 MT (approximately) of High Frequency Induction Welding (HFIW) pipes, and would be used for transporting captured carbon dioxide.

The pipes for this order will be produced from the Little Rock plant in the U.S. and the same will be executed in FY 23-24.

This large strategic order once again reflects company's strong culture of engineering excellence and the trust customers have in its capabilities to execute large-scale projects, both in terms of supplying impeccable quality, and for on-time deliveries.

The strong supply track record has positioned both Welspun's Helical Submerged Arc Welded (HSAW) & High Frequency Induction Welding (HFIW) plants as the top facilities in the North American market.

With this project, the company would not only significantly contribute in reducing the CO2 emissions in the environment, but also it is a big leap forward for it in strategically meeting the environmental, social, and governance (ESG) goals, as set out towards a cleaner and greener planet.

Source : Equity Bulls

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WelspunCorp OrderWin UnitedStates CarbonCapturePipelineProject