New titanium pipes plant to be build in Nizhegorodsky area

During a meeting the representative of honourable consulate of the Austrian Republic in Nizhni Novgorod has presented the head of one of the chinese companies which plans to start building of the titanium pipes plant. This company which is working in the market more of 10 years and being large enough manufacturer of pipes for power stations, becomes the investor of the project.

The initial volume of investments  will make 200 million yuans. The plant will produce about 5 thousand tons of titanium pipes per year. The pipes will be sold to Gorki Hydro Power Startion and perhaps to Cheboksary Hydro Power Startion.