Saudi Arabia-based pipe manufacturer East Pipes Integrated Company for Industry has announced the signing of multiple supply contracts worth over SAR 235 million ($62.66 million) with local company Esnad Al-Turuq.
The contracts, which include steel pipe supply and coating services, will span a period of two years.The financial impact of these contracts is expected to be reflected in the fourth quarter of the financial year 2024-25 and the third quarter of the financial year 2026-27.
This deal further solidifies East Pipes' position as a leading supplier in the region, with the company exporting to over 150 countries worldwide.