XTRA:VH2Oil and Gas
Friedrich Vorwerk Group (XTRA:VH2) Is Up 11.0% After Winning Key Kazakhstan Pipeline Welding Deal
Friedrich Vorwerk Group SE announced that its subsidiary 5C-Tech GmbH has secured a major international contract to supply its PX-II automated pipeline welding technology for the expansion of the Beineu-Bozoy-Shymkent gas pipeline in Kazakhstan, a project aimed at doubling the system’s annual gas transport capacity and supporting exports to China.
This contract highlights the group’s growing international reach and showcases its proprietary dual-torch, sensor-driven welding solution as a...