Indian pipe producer Welspun Corp has signed a Memorandum of Understanding (MoU) with Saudi Aramco for strategic cooperation to establish a state-of-the-art LSAW (Longitudinal Submerged Arc Welded) line pipe manufacturing facility in Saudi Arabia. The agreement was announced during the ongoing Aramco IKTVA Forum & Exhibition 2025, the company stated in a stock exchange filing.
The new plant will have a production capacity of 350,000 tons per annum, according to Welspun Corp. This facility will be equipped with advanced capabilities to meet the future line pipe requirements of Saudi Aramco, including pipelines for oil, gas, hydrogen transmission, and Carbon Capture, Utilization, and Storage (CCUS) developments, the company added.
The facility will be located in Dammam’s 3rd Industrial City and is expected to commence operations by mid-2026.
Welspun Corp Ltd., a major global manufacturer of large-diameter pipes, operates across six continents and 50 countries, with an annual production capacity of 2.2 mln tons. The company’s manufacturing portfolio includes BIS-certified billets, rebars, ductile iron pipes, and stainless steel pipes. In India, Welspun Corp has facilities in Anjar (Gujarat), Bhopal (Madhya Pradesh), Mandya (Karnataka), and Jhagadia (Gujarat). Additionally, it has manufacturing units in Saudi Arabia and the USA.