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CPI Oman to set up pipe make facility in India in 2013

By: Satnam Singh

NEW DELHI (Oct. 26, 1:10 p.m. ET) — Composite Pipes Industry LLC Oman is entering India, with plans to set up a 5,000-metric-ton-per-year plant by 2013, with an initial investment of about $10 million. Officials said the company plans to select a site in the second quarter of 2013.

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