Philippines to expand steel tube capacity with new Batangas plant

The Philippines will increase its steel tube capacity with a new plant scheduled to be built in Batangas.

The joint venture between Japan's Maruichi Steel Tube and Toyota Tsusho will produce steel tubing for use in the automotive parts manufacturing industries, according to Maruichi Steel Tube, which has a 70% stake in the venture. Toyota Tsusho holds a 30% stake in the business. The...


Paul Lim

December 11, 2017

10:46 GMT