Saudi Arabian pipe maker East Pipes Integrated Company for Industry has signed a contract with Saline Water Conversion Corporation to supply steel pipes for water use at a total value of SAR 497 million (USD 132 million). The contract is valid for one year.On 6 March 2022, the pipe manufacturer announced signing an Islamic facilities agreement with Bank Albilad at a total value of SAR 500 million to finance the working capital of a projectEast Pipes Integrated Company for Industry is a manufacturer of Helical Submerged Arc Welded pipes founded in 2010, at Dammam in Second Industrial City in Kingdom of Saudi Arabia. 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 Arabian pipe maker East Pipes Integrated Company for Industry has signed a contract with Saline Water Conversion Corporation to supply steel pipes for water use at a total value of SAR 497 million (USD 132 million). The contract is valid for one year.On 6 March 2022, the pipe manufacturer announced signing an Islamic facilities agreement with Bank Albilad at a total value of SAR 500 million to finance the working capital of a projectEast Pipes Integrated Company for Industry is a manufacturer of Helical Submerged Arc Welded pipes founded in 2010, at Dammam in Second Industrial City in Kingdom of Saudi Arabia. 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.
