Saudi Arabia-based pipe manufacturer East Pipes Integrated Company for Industry has announced that it has inked a contract with local company Maramer Contracting Company for the supply of coated steel pipes worth over SAR 60 million ($16 million), including tax.
Under the contract, East Pipes Co. will supply coated steel pipes to Maramer over a period of six months.
The financial impact of this contract is expected to be reflected in the second and third quarters of the financial year 2024-25.