Welspun Specialty Solutions wins new order for oil & gas sector in Europe

  • Industry News
  • May 23,23
Welspun Specialty Solutions, the stainless steel manufacturer secures major strategic order in high-value segment which will open to new avenues for growth of the company. The newly secured order is for material rade “UNS N06625” HP seamless hydraulic and instrumentation (H&I) tubes for a critical application in the Oil and Gas sector in Europe.
Welspun Specialty Solutions wins new order for oil & gas sector in Europe

Welspun Specialty Solutions Limited (WSSL), a leading manufacturer of stainless steel products, proudly announces a significant strategic order win, the successful delivery of which will pave the way for many more opportunities in high value add product segment (nickel alloy tubing). This milestone achievement not only reaffirms WSSL's strategy to be recognised as a world-class manufacturer but also sets the stage for higher future potential and increased market presence.

The newly secured order is for material rade “UNS N06625” HP seamless hydraulic and instrumentation (H&I) tubes for a critical application in the Oil and Gas sector in Europe. It is evidence of WSSL’s steadfast focus on excellence, customer centricity and technology and innovation. The company has emerged as a preferred partner for clients seeking high-quality, reliable and customised stainless steel bars and seamless pipes and tubes.

Vipul Mathur, MD & CEO, Welspun Corp said, "WSSL is thrilled to secure this major order win, which is a testament to the hard work, dedication, and expertise of the team. The recent success demonstrates the industry's trust in its capabilities and positions the company favourably to seize emerging market trends and fulfil evolving customer needs. The company remains resolute in its pursuit of innovation, continuous improvement, and industry leadership."

The above is in compliance with regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information.

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