March 2013, Vol. 240, No. 3

Business Meetings & Events

Cameron, CNPC Form Pipeline Ball Valve JV

Cameron has an agreement with CNPC to establish a joint venture for the manufacture of pipeline ball valves mainly for use by CNPC to support its plans to build pipeline across China in the coming decade.

Cameron will license its technology to the joint venture and establish a full-scale manufacturing center in Tianjin with CNPC Bohai Equipment Manufacturing Co. Ltd. The joint venture will be the exclusive pipeline valve manufacturing entity within CNPC.

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