Perma Pipe Bags Contracts in Egypt & Saudi Arabia
Perma Pipe International Holdings Inc recently announced that its subsidiary Perma Pipe Egypt has been awarded approximately USD 6.0 million in
Perma Pipe International Holdings Inc recently announced that its subsidiary Perma Pipe Egypt has been awarded approximately USD 6.0 million in contracts by China State Construction Engineering Company for the provision of thermally insulated pipe, field joints, and leak detection system for a district cooling network for the New Urban Communities Authority, in the Central Business District of the New Administrative Capital of Egypt. The project will begin execution in Perma Pipe’s facilities in Beni Suef in Egypt in Q4 2020. Perma Pipe International Holdings Inc also announced its subsidiary Perma Pipe Saudi Arabia has been awarded a USD 5.1 million contract by Nesma & Partners Contracting Co Ltd for the provision of thermally insulated pipe and field joints for a district cooling network for Umm Al Qura for Development & Construction Company in the King Abdul Aziz Road Development. The combined value of contracts awarded to Perma Pipe Saudi Arabia in Q3 2020 was USD5.7 million. The project will begin execution in Perma Pipe’s facilities in Dammam Industrial City in Saudi Arabia in Q4 2020.
These projects will utilize Perma Pipe’s XTRU-THERM insulation system, a spray applied polyurethane foam jacketed with a high density polyethylene casing. POLY THERM complies with the stringent flame-spread index and smoke development index requirements of ASTM E84 Class-1 making the product suitable for applications where fire protection is paramount. Prior to application of the insulation system, an anti-corrosion polyamide epoxy coating will be applied to the steel pipe in Perma Pipe’s newly commissioned blasting and coating facility. Perma Pipe will also be responsible for the supply, installation, and commissioning of Perma Pipe’s own PermAlert leak detection system for the insulated pipelines.