Kuzeyboru, known for its experience in the field of water management and infrastructure solutions since 2001, continues its new investment in Malatya without slowing down in order to contribute to regional development.
The glass fiber reinforced polymer pipe (GRP) investment, which started in Kuzeyboru Malatya 3rd Organized Industrial Zone on an area of 64,359 m2, will cost approximately 500 million TL and will be taken over in the 2nd quarter of 2024.
Kuzeyboru's Glass Reinforced Plastic Pipes (GRP), which it plans to produce in 2024, are in the plastic pipe segment and are referred to as sandy production and are increasingly used in drinking water projects. With features such as resistance to corrosion, long life, and easy and fast installation, GRP pipes have begun to be preferred in public administrations and large projects. The product finds a suitable usage area in drinking water, irrigation, sewage, rainwater and wastewater projects. According to Global Market Insight systems, the World CPT Pipe Market size reached 5.46 billion USD in 2020 and has the capacity to grow at a rate of 4.5% on an annual basis between 2021 and 2027.
With the packaging of this investment, Kuzeyboru production catalog will increase a total area of 191,350 m2 and reach 305,000 tons of annual production.
Kuzeyboru Strategy and Business Development Director Emine Seldüz gave project details and information and said, “This investment makes a serious contribution to the Turkish economy, and with this high-tech and high-capacity facility, it contributes to infrastructure investments, which are both exports and regional needs. As of today, our construction completion rate is 80%. The construction process will be completed in 2023, and in accordance with our agreement with the contractor company, the construction process will be completed in 2023. For investment machines and industrial applications, orders have been placed with suppliers and our trial production will start around mid-2023. "In addition, as Kuzeyboru, we will implement our sustainability policies through an environmentally friendly investment, creating regional employment and protecting not only the economy but also the environment.” Said.
Our Malatya GRP Pipe Investment Continues
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