Saudi Arabia-based pipe manufacturer East Pipes Integrated Company for Industry has announced that it has inked multi contracts with local company Esnad Al-Turuq for the supply of steel pipes worth over SAR 235 million ($62.66 million), including tax.
Under the contracts, East Pipes Co. will supply steel pipes and provide coating services to Esnad Al-Turuq over 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.