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Corpac to build Colombian tube plants as it eyes South American market

Keywords: Tags  Corpac Group, South America, energy tubulars, OCTG, Colombia, steel, Steel First

SÃO PAULO — Corpac Group is building two plants in Colombia to produce and coat steel tubular products, the company announced late last week.

The new facilities are intended to strengthen the company’s position in South America’s oil country tubular goods (OCTG) and steel services markets.

Located at Steel City, an industrial complex operated by the company near the northern port city of Barranquilla, the plants consist of an OCTG facility with a capacity exceeding 150,000 tonnes per year and a coating facility with an annual capacity of more than 2 million square meters.

The OCTG plant, called Corpipe, will produce casing and tubing from 2 to 13⅜ inches in diameter for the energy and petroleum markets.

The coating facility, Corcoat, will be able to coat line pipe in diameters as large as 48 inches, the company said.

Both facilities are expected to be completed by the end of next year, according to Corpac’s website.

Miami-based Corpac operates vertically integrated business units in the steel production, distribution and services markets, especially in the steel pipe sector.

A version of this article was first published by AMM sister publication Steel First.

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