Equities
Friedrich Vorwerk Unit Wins Pipeline Welding Contract in Kazakhstan
Friedrich Vorwerk Group's (VH2.F) subsidiary 5C-Tech agreed to supply its automated PX-II pipeline welding technology for the construction of the Beineu-Bozoy-Shymkent gas pipeline's second line in Kazakhstan.The project is expected to involve the production of over 28,000 weld joints with a pipe diameter of 42 inches over eight months, the energy infrastructure company said Friday.The pipeline expansion is being carried out under a partnership between state-owned gas company QazaqGaz and Qatari investors.
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