EBRD supports further modernisation at Tashkent Pipe Plant
Uzbekistan, Nov. 18 -- The European Bank for Reconstruction and Development (EBRD) is supporting further modernisation at Tashkent Pipe Plant (TPP), Uzbekistan's leading private producer of prefabricated steel products, by extending a US$ 20 million loan financing the expansion of the company's production facilities.This financing will provide TPP with necessary working capital and enable it to ramp up production of insulated large-diameter pipes (LDPs). TPP will procure raw materials for coating water pipes with protective insulation and upgrade the relevant coating equipment.TPP is the only producer of insulated LDPs in Uzbekistan. They are widely used in water transport systems, mining operations, and residential and commercial infrastru...
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