Borusan Pipe Invests USD 68 Million to Expand U.S. Operations and Technology

Borusan Pipe is investing USD 68 million to upgrade its Panama City facility, enhancing its ability to produce advanced steel pipes using cutting-edge technology. This expansion aligns with the company’s strategy to strengthen its presence in global markets by operating as a local manufacturer. The upgraded facility will produce pipes with diameters of 16" to 60" and wall thicknesses up to 2", addressing critical market needs in oil and gas transportation, offshore projects, and renewable energy infrastructure like wind power. Operations are set to begin in 2027.

CEO Zafer Atabey highlighted the importance of this investment: "A decade ago, we entered the U.S. market with bold ambitions. Today, we are a strong local player, and these enhancements will further strengthen our position in both traditional and renewable energy sectors."

President Ugur Onbasi emphasised the innovation: "This modernization elevates our production capabilities, enabling us to meet evolving market demands and support high-growth areas like renewable energy projects.”