Sandvik Chomutov Precision Tubes controls 80% of market

Large oil companies are starting to open new oil deposits again, Hospodářské noviny reports.  Czech manufacturer of special tubes Sandvik Chomutov Precision Tubes benefits from the situation. The company controls around 80% of the world's supply for offshore oil platforms. The company has orders for the whole year ahead and will manufacture 2,000 tubes more than in 2018, said Petr Janoušek, CEO of the Chomutov plant belonging to the Swedish steel group Sandvik. (HN-13)

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