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27 May
11:05

Tubacex reduces O&G dependence, eyes premium products growth

Spanish stainless seamless tubemaker Tubacex expects earnings growth over the next four years, Kallanish learns from the company. According to its new strategic plan, Tubacex's sales should reach €1-1.2 billion ($1.07-1.29 billion) by the end of 2025. The company will reduce its exposure to the Oil & Gas sector to a third of total revenue. It will meanwhile increase its presence in aerospace and mobility, and focus on developing customised solutions …
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