9,031.82 TRY BIST 100 BIST 100
34.49 USD USD USD
36.47 EUR EUR EUR
4.79 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.50 TRY Interest Interest
72.97 USD Fossil Oil Fossil Oil
31.21 USD Silver Silver
31.21 USD Copper Copper
99.42 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,945.15 TRY Gold (gr) Gold (gr)

East Pipes Saudi Arabia propels infrastructure evolution with coated pipes partnership

East Pipes Saudi Arabia's recent collaboration with a local contracting firm signals a transformative shift in Saudi Arabia's construction landscape.

East Pipes Saudi Arabia propels infrastructure evolution with coated pipes partnership

In a significant development, East Pipes Integrated Company for Industry, a state-of-the-art manufacturer of Helical Submerged Arc Welded (HSAW) pipes, has recently inked a contract with the local contracting company Maramer Contracting Company in Saudi Arabia. This strategic partnership marks a pivotal moment in the country's infrastructure development, promising enhanced durability, longevity, and environmental sustainability in major construction projects.

This innovative coating not only ensures the longevity of the pipelines but also significantly reduces maintenance costs, making it an attractive choice for large-scale infrastructure projects.

• The contract is valued at SAR 60 million, making it a substantial deal for both companies.

• East Pipes Co. will supply the coated steel pipes to Maramer over a period of six months.

• The financial impact of this contract is expected to be reflected in the second and third quarters of the financial year 2024-25.

• East Pipes specializes in various coating technologies, including 3 Layer Polyethylene (3LPE), 3 Layer Polypropylene (3LPP), and Fusion Bonded Epoxy (FBE).

This collaboration between East Pipes and Maramer Contracting Company underscores the importance of high-quality pipes in infrastructure projects. As the demand for coated steel pipes continues to grow, this partnership aims to meet the construction industry’s needs efficiently and sustainably.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

A new era begins in the Indian steel sector

Thursday, November 21, 2024

China's HRC, CRC and rebar production decreased y-o-y in October

Thursday, November 21, 2024

HRC prices decline from China to Middle East

Thursday, November 21, 2024

EU construction decreased in september

Thursday, November 21, 2024

Iranian analyst Keyvan Jafari Tehrani shared the effects of world politics on the steel industry

Thursday, November 21, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now