ECONOMY

Major US deals for Corinth Pipeworks

Athens-listed Corinth Pipeworks on Tuesday announced it had signed three agreements with US companies for the procurement of coated pipes totaling 163,000 tons.

According to the Greek firm, the first two contracts, signed with Energy Transfer Partners, constitute the biggest project it has ever secured for the construction of pipelines in the US.

The third was signed with Kinder Morgan CO2, which forms part of the Kinder Morgan group, North America’s third largest in the energy industry.

Headquartered in Athens, Corinth Pipeworks has completed projects totaling more than 3,500 kilometers during the US in the last decade, making it one of the top pipe suppliers in that particularly demanding market.

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