Corrtech International

Corrtech International inks 50:50 JV with Arabian Port Company

Ahmedabad-based Corrtech International has informed that it has entered into a 50:50 Joint Venture with Arabian Port Company of Saudi Arabia for pipeline projects.

Under the five-year deal, Corrtech will provide the laying of pipelines, station piping work, cathodic protection work and metering skids for Arabian Port.

The deal may bring business of around Rs 4000 crore to Corrtech International, over a period of five years. The agreement was signed in June this year.