Shaw, ESBE create local JV

Thursday, October 6, 2011

Shaw Group's (NYSE: SHAW) fabrication and manufacturing division and Brazilian firm Empresa Brasileira de Solda Eletrica (ESBE) have created a JV to support the country's infrastructure, power, petrochemical, and oil and gas industries.

EBSE Shaw Spool Solutions Fabricação de Sistemas de Tubulação (ES3 do Brasil) will provide prefabrication services for carbon steel, stainless steel and alloy piping systems from existing facilities in the states of Pernambuco and Rio de Janeiro, Shaw said in a statement.

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