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Corinth Pipeworks, part of Belgian company Cenergy Holdings, has completed an upgrade to its production facilities to better serve the growing demand for steel pipes in offshore natural gas, carbon capture and storage (CCS), and hydrogen projects.
According to Cenergy Holdings, the upgrade included the installation of a finishing line in a separate facility, resolving bottlenecks previously caused by the shared use of one line by its longitudinal submerged arc welding (LSAW) and helical submerged arc welding (HSAW) mills.
This adjustment now allows the two mills to operate independently, enabling parallel execution of steel pipe projects and improved efficiency, the company noted.
“This upgrade enabled both pipe mills to produce independently and efficiently, enhancing flexibility and reducing delivery times to meet increasing demand for high-quality steel pipes for the energy sector, as expressed in the high and stable order backlog of the segment,” Cenergy Holdings said.
The LSAW mill will prioritize high-value offshore projects, including Carbon Capture & Storage pipelines and natural gas developments, while the HSAW mill focuses on large onshore trunklines for gas and hydrogen.
Corinth Pipeworks’ expansion is part of Cenergy Holdings’ broader strategy to strengthen its industrial portfolio, which also includes Hellenic Cables.
In July, Cenergy Holdings passed the first milestone for the development of a cable manufacturing facility in Maryland, U.S., by reaching a final investment decision (FID).
The company unveiled in April that its U.S. subsidiary Hellenic Cables Americas is planning to build a new cable manufacturing facility in Baltimore, of approximate value of $300 million. |
