Malaysia's Wah Seong Corp has acquired a 50 per cent stake in Hubei-based Socotherm (Shahsi) Pipe Coating Co. The two firms will work together coating pipes on the eastwest gas pipeline linking Shanghai with Xinjiang. Socotherm is already working on an 800km section of the project.
Wah Seong also hopes to become involved in its new partner's involvement in such projects as the Jingzhou-Jingmen oil pipeline and the Wuhan gas pipeline.
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