9,915.76 TRY BIST 100 BIST 100
35.02 USD USD USD
36.76 EUR EUR EUR
4.83 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.27 TRY Interest Interest
72.97 USD Fossil Oil Fossil Oil
29.47 USD Silver Silver
4.08 USD Copper Copper
103.91 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,608.89 TRY Gold (gr) Gold (gr)

Borusan Group begins a new era under the name "Borusan Boru"

Borusan Group terminated its partnership with Salzgitter Mannesmann GmbH, in which it had been a subsidiary since 1998.

Borusan Group begins a new era under the name "Borusan Boru"

After Borusan Group announced that it had terminated its partnership with Salzgitter Mannesmann GmbH, the company's new name became "Borusan Boru". In international platforms, the company was named "Borusan Pipe".

Borusan Group started its activities in Turkey in 1958. Today, the company has more than 2,800 employees and more than 4,000 product lines. In addition, it has proven to its competitors that it is the global giant of the steel pipe industry with its 11 facilities in 3 continents.

With the name change, the Borusan Group will be known on international platforms as "Borusan Pipe". The company will continue its success in the production of pipes for the automotive industry, where it is a leader in the European market, with its plant in Romania, which is scheduled to start production in 2024. The Borusan Group's new pipe production line, which will serve the construction, general industry and energy sectors in the US market, is expected to be operational in the coming months.

Borusan Group CEO Erkan Kafadar said: "As the Borusan Group approaches its 80th anniversary, we are getting stronger in all areas in which we operate and we act in accordance with our mission to benefit society. Our company, which was established as the first industrial company of our group and has witnessed the development of Turkish industry, will continue its activities in 2023." "With the investments made, especially the acquisition of Berg Pipe in the first months of 2019, the company strengthens its presence in foreign markets. Borusan Boru and Borusan Pipe, as the company is known in world markets, will continue to contribute to our country's economy with its exports," he said.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Brazil's steel industry and the challenge of decarbonization

Thursday, December 19, 2024

Robotic transformation of rebar in partnership with NEOM and Samsung

Thursday, December 19, 2024

Mapa-Limak-CRRC partnership loses Dubai Metro Blue Line Tender

Thursday, December 19, 2024

German Steel Association publishes research on the transformation of the steel industry

Thursday, December 19, 2024

Nippon Steel signs important partnership agreement for Kami Project

Thursday, December 19, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now