SGSPP GBC

Published : 08-02-2023

SeAH Gulf Special Steel Industries Held Groundbreaking Ceremony for the Kingdom’s first stainless seamless pipe and tube production plant

Saudi Arabia, 1 February 2023

SeAH Gulf Special Steel Industries, owned by Saudi Arabian Industrial Investments Company (Dussur) and South Korean SeAH Changwon Integrated Special Steel, broke ground on the construction of the first stainless seamless pipe and tube production plant in the MENA region on Wednesday, February 1, 2023, at King Salman Energy Park (SPARK).

The groundbreaking ceremony was attended by South Korean Ambassador Mr. Joon Yong Park, Executive Vice President of ARAMCO Mr. Ahmad Al-Sa’ad, Mr. Tae Sung Lee, the president and CEO of SeAH Holdings, Ms. Eui Sook Park, Vice Chairman of SeAH Holdings, Mr. Sang Eun Lee, CEO of SeAH CSS, and Dr. Raed Al-Rayes, CEO of Dussur.

SeAH Gulf Special Steel industries is a joint venture between Saudi Arabian Industrial Investments Company (Dussur) and South Korean SeAH Changwon Integrated Special Steel , to establish the first stainless seamless pipe and tube production plant in the MENA region, with a production capacity of 20,000 tons per year.

Through SeAH Gulf Special Industries Past(??) EPC agreement with Sendan International, who has developed a strong position as a contractor in the oil, gas, petrochemical, power, water, and mining in the Kingdom the plant will be built on a 177,845-square-meter area at King Salman Energy Park, SPARK, being one of the most developed industrial cities in the Kingdom, for its strategic location which offers integrated industrial, water, and telecommunication services. The plant is expected to begin its commercial operations by 2025

This project highlights the parties’ shared mission to advance the Saudi industrial sector and serve the kingdom’s oil, gas, energy, and water industry through strategic investments and partnerships with local and global entities.