Saudi Arab’s Saline Water Conversion Corporation has awarded a SAR 490 million (USD 131) million pipe supply contract to Welspun Corp Limited’s associate Saudi’s East Pipes Integrated Company, formerly Welspun Middle East Pipes, for Industry last week for a water transmission project. The supplies would be executed over a period of next 12 months. East Pipes Chief Executive Officer Mr Mohammed Al Shaheen said that the Saudi economy is on a sustained path of recovery, following temporary project delays caused by the pandemic. He said “The current infrastructure sector and economic environment in the Kingdom is conducive to growth, and East Pipes anticipates an increase in demand resulting from a large pipeline of projects over the next 2 to 3 years, thus translating into a robust performance for the company in the medium term.”Saline Water Conversion Corporation has also awarded a SAR 497 million (USD 267 million) pipe supply contract to East Pipes in March 2022 and with the latest order, East Pipe has secured pipe supply contracts worth USD 398 million. East Pipes Ali Vice President Commercial Mr Al Makrami said “With nearly 1 billion riyals contracted for delivery over the next 12 months, we are ready to build on our track record of effective execution, to deliver on these significant new projects.”Founded in 2010, at Dammam’s Second Industrial City in Saudi Arabia, East Pipes Integrated Company for Industry is a state-of-the-art manufacturer of Helical Submerged Arc Welded pipes. The company has a production capacity up to 500,000 tonnes of pipes annually that are used to transport Water, Oil and Gas, according to wide range of diameters of spiral pipes, supported by the double jointing unit, and a factory for coating all pipes of various sizes and lengths, with an annual production capacity of 4.5 million square meters.
Saudi Arab’s Saline Water Conversion Corporation has awarded a SAR 490 million (USD 131) million pipe supply contract to Welspun Corp Limited’s associate Saudi’s East Pipes Integrated Company, formerly Welspun Middle East Pipes, for Industry last week for a water transmission project. The supplies would be executed over a period of next 12 months. East Pipes Chief Executive Officer Mr Mohammed Al Shaheen said that the Saudi economy is on a sustained path of recovery, following temporary project delays caused by the pandemic. He said “The current infrastructure sector and economic environment in the Kingdom is conducive to growth, and East Pipes anticipates an increase in demand resulting from a large pipeline of projects over the next 2 to 3 years, thus translating into a robust performance for the company in the medium term.”Saline Water Conversion Corporation has also awarded a SAR 497 million (USD 267 million) pipe supply contract to East Pipes in March 2022 and with the latest order, East Pipe has secured pipe supply contracts worth USD 398 million. East Pipes Ali Vice President Commercial Mr Al Makrami said “With nearly 1 billion riyals contracted for delivery over the next 12 months, we are ready to build on our track record of effective execution, to deliver on these significant new projects.”Founded in 2010, at Dammam’s Second Industrial City in Saudi Arabia, East Pipes Integrated Company for Industry is a state-of-the-art manufacturer of Helical Submerged Arc Welded pipes. The company has a production capacity up to 500,000 tonnes of pipes annually that are used to transport Water, Oil and Gas, according to wide range of diameters of spiral pipes, supported by the double jointing unit, and a factory for coating all pipes of various sizes and lengths, with an annual production capacity of 4.5 million square meters.
