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Punj Lloyd JV with German company

MUMBAI: Punj Lloyd is entering into a joint venture with KAEFER of Germany, a world leader in the insulation business. Punj Lloyd will hold 49 per cent in this venture. Currently, the company executes projects such as cryogenic insulation for LPG and LNG terminals, hot and cold insulation for oil and gas sector, fertilizer plants, power plants and acoustic insulation.

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