Its role Technology / equipment supplier
Nordpipe Composite Engineering Oy is a Finnish specialist manufacturer and installer of fiber-reinforced plastic (FRP) composite products for industrial applications in highly corrosive, high-pressure, and erosive environments.
The company designs, produces, and installs a wide range of equipment including tanks, reactors, piping and fittings, ducts, chimneys and stacks, scrubbers, quench and absorption towers, electro filter casings, gratings, and custom solutions. These serve key sectors such as metallurgy plants, waste-to-energy facilities, pulp and paper, chemicals, power generation, marine, and metal processing, where composites provide superior durability, reduced maintenance, and longer service life compared to traditional metals or steel.
Founded in 1993 in Jakobstad (Pietarsaari), Finland, the company operates its primary manufacturing site there and maintains additional facilities in Imatra, Finland, plus operations in Sweden. It employs approximately 130-133 people and reports annual revenues in the range of 26-40 million euros, with products delivered to customers worldwide.
Since its acquisition in December 2021, Nordpipe Composite Engineering Oy has operated as a wholly owned subsidiary of the Swedish installation group Instalco AB, benefiting from the parent company's network of over 150 subsidiaries and thousands of employees across the Nordic countries. In its industry niche, it is recognized as a reliable provider of advanced composite technologies that address specific process challenges in demanding industrial settings.
Also known as NCE and NCE Oy.
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Revenue rose to SEK 30.4bn and operating profit to SEK 5.4bn (SEK 4.9bn excl. PIR). Stable production; records at Kevitsa and Harjavalta; agreement to buy 64.68% of Nexa Resources.
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