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08 Oct
10:37

Tubacex signs agreement for Egypt nuclear plant

Tubacex, the Spanish-headquartered stainless steel seamless tubemaker, has signed an agreement with the authorities of Egypt to develop the first nuclear plant in the country. The deal was signed as part of a consortium with Russian company Tubes 2000. The plant is expected to be ready within twelve years, with works starting in 2020, Kallanish understands. Tubacex calculated the project could generate it revenue of some €100 million ($115m) pe…
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