Man Industries India Ltd receives approval from Shell Global

Man Industries India Ltd have undergone stringent technical assessment of coating mill at Anjar, Gujarat in the form of performance testing of external, internal and concrete coating for steel pipeline and the same is confirmed by Shell Global Solutions International BV (One of the renowned global oil and gas company) as listed in the table below and approved against their Design and Engineering Practices (DEPs).

- 3-layer Polythylene external coating of line pipe for buried and immersion service

- Anti-buoyancy concrete coating for external surface of submerged steel pipeline

- Liquid epoxy internal coating of line pipe for non- corrosive gas transmission complying to ISO 15741-2016.

Shell Global Solutions International BV approval would demonstrate quality standard compliances, reduce risk, and optimize performance.

Shares of Man Industries (India) Limited was last trading in BSE at Rs. 391.45 as compared to the previous close of Rs. 384.65. The total number of shares traded during the day was 31930 in over 522 trades.

The stock hit an intraday high of Rs. 399.50 and intraday low of 376.10. The net turnover during the day was Rs. 12528569.00.

Source : Equity Bulls

Keywords

ManIndustriesIndia INE993A01026 Approval ShellGlobal