Raccortubi Group announces the exit of Petrol Raccord, which will join Allied Group. The strategic move to exit powerGen application leaves Raccortubi Group business model untouched, as it will continue offering a wide range of piping solutions both from stock and from its integrated production of butt-weld fittings, for a wide range of critical applications.
“The decision to leave the powerGen niche reinforces our commitment to energy transition”, adds Lino D’Onofrio, Managing Director of Raccortubi Group: “we will now be able to focus more on other applications which are going to be crucial in the years to come”.
Raccortubi now foresees to strengthen its core business as special alloys producer, stockist and distributor, bringing more investments to its original plant, Tecninox Srl, in the buttweld fittings manufacturing.
Courtesy of Raccortubi Group.