East Pipes Integrated wins $99m Neom contract
Saudi-based East Pipes Integrated Company has secured contracts worth $99.3 million from Neom.
The company in an announcement said that it will work on water project in the Saudi futuristic city.
Under the agreements, East Pipes Integrated will supply its steel pipes to Neom within one year.
East Pipes Integrated Company was founded in 2010 in Dammam and now has become a major manufacturer of spiral steel pipes.
It presently offers helical submerged arc welded (HSAW) pipes, used in transport, water, oil and gas and other sectors, to customers worldwide.
The Saudi company had reported a 88% growth in its revenue for the first six months ended September 30, 2022, which soared to $82.4 million.
Source: http://www.tradearabia.com/
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