Baku, Azerbaijan, May 21
By Nargiz Sadikhova - Trend:
The construction of the valves and fittings manufacturing workshop is to be launched in Kazakhstan’s Aktobe, Trend reports referring to Kazakh Inbusiness information portal.
“Shengyuan Tehnology Chinese company is funding the project. Kazakhstan Oil Equipment Plant carries out the legal functions in the project,” the report said.
The total cost of the project for manufacturing and assembly ofisolation valves is 340 million tenge. The workshop will produce 20 units of isolation valves a year.
Shengyuan Tehnology is a Chinese company launched in 2003. The company’s main activity is production of various structures and equipment.
Kazakhstan Oil Equipment Plant was registered in 2015. It is mainly involved in manufacturing tubing strings and high-pressure reservoirs and manufacturing and assembling the facilities for oil and gas enterprises.
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