Borusan Pipe announced that its US subsidiary, Borusan Berg Pipe, has secured a USD 553 mln sales agreement to supply large-diameter pipes in the United States, according to a stock exchange filing.
Under the contract, the pipes will be manufactured at Borusan Berg Pipe’s Mobile, Alabama facility, with production and deliveries scheduled for 2027.
The company said the order is expected to make a positive contribution to its consolidated revenues in 2027.
Borusan Berg Pipe operates two plants in the U.S.: a 330,000 tons per year longitudinal welded pipe mill in Panama City, Florida, and a 220,000 tons per year spiral welded pipe facility in Mobile, Alabama.
Founded in 1958, Borusan Pipe is one of Turkey’s leading steel pipe producers. Its domestic operations have a combined capacity of 750,000 tons per year for longitudinal welded pipes and 300,000 tons per year for spiral welded pipes, while its Vobarno plant in Italy produces 29,000 tons per year of cold-drawn special pipes.
