Ratnamani Metals & Tubes (RMTL) has executed a Joint Venture Agreement (JVA) with Technoenergy AG, Switzerland, on September 22, 2023 to form a joint venture company namely Ratnamani Finow Spooling Solutions in India, which shall be a subsidiary Company (JV Company).
The purpose of the JV Company is for providing pipe spooling solutions, fittings and auxiliary support systems for piping and tubing applications. Through this JV, RMTL proposes to wider its product basket by providing comprehensive piping and spooling solutions in India and across the globe to the end consumers. RMTL possesses necessary infrastructure and strong reputation in the market to complement and supplement TEAG (and its group companies) for providing spooling solutions considering the focus for localization in various critical sectors like Nuclear Power, Oil & Gas, Thermal Power, Water & Sewage treatment and other applications.
Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in Stainless Steel/Exotic material and also Carbon Steel Pipes, in wide size ranges, for wide spectrum of applications.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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