Erciyas Çelik Boru, which stated in January that they aim to save 50% energy and reduce carbon emissions by 50% by 2030, has started working on new investments. The company announced that it has received a large order for the 3rd phase of Morocco's drinking water project.
According to the announcement, Erciyas Çelik Boru will continue to produce pipes within the scope of the new order in this important project, of which it has successfully completed two of the previous phases. The company's share in this order was announced as 50% and shipments are planned to be completed in 2025.
It was stated that the work on the project continues smoothly and the third phase is progressing as planned.
The official statement made to KAP on the subject was as follows:
“Our company Erciyas Çelik Boru San. A.Ş. and its business partner received a new pipe production order of USD 76,336,943.90 from the Kingdom of Morocco for the 3rd phase of the project for the supply of drinking water, of which we have already completed two phases. Our Company's share in this project is 50%. Shipments are expected to be completed in 2025.”
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