Major Turkish steel pipe producer Borusan Birleşik Boru Fabrikaları Ticaret A.Ş. (Borusan Boru) has announced that it will invest a total of $68 million in 2025 and 2026 in an advanced forming technology used in the production of longitudinally submerged arc welded (LSAW) pipes at the Panama City plant of its US subsidiary Borusan Berg Pipe. With the new technology to be commenced in 2027, the company aims to enhance its market position by substituting imported products.
The technology in question, which facilitates the shaping of large-diameter pipes through the stages of converting flat steel plates first into a “J” shape, then into a “C” shape, and finally into an “O” shape, will expand Borusan Berg Pipe’s product portfolio with smaller-diameter and thicker-walled pipes. This investment will enable the company’s products to be used in long-distance energy transportation projects, as well as in offshore pipeline projects, and in renewable energy-focused platforms such as wind energy.