Industry News
Dalipal Signs Land Lease for $2.1B Energy Equipment Facility in Saudi SPARK
Chinese manufacturer Dalipal Holdings has signed a 25-year land lease with King Salman Energy Park in Saudi Arabia. The company plans an overall investment ambition of approximately $2.1 billion to build a smart manufacturing facility for energy equipment. The site will produce seamless steel pipes, oil country tubular goods, and hydrogen transmission pipelines.
