Perma-Pipe, Inc. wins $46 Million In Middle East Contracts

Perma-Pipe International Holdings, Inc. has been awarded two projects in the MENA region, the company announced today. In total, the two projects exceed 46 million USD.

The two projects that were awarded are integral to significant developments in the region. The XTRU-THERM® insulation system, which is a spray-applied polyurethane foam jacketed with a high-density polyethylene casing, and Perma-Pipe's coating capabilities will be employed in these projects.

Saleh Sagr, Sr. Vice President for Perma-Pipe’s MENA region commented, “These awards are consistent with our strategy to continue our focus on serving the rapidly growing markets in the region. We would like to thank our customers for placing their trust in us, and we will ensure that we deliver both projects on schedule with the highest standards of both quality and safety.”

David Mansfield, President and CEO commented, "We are excited about these significant awards which are an important part of our growth plans. They have strategic importance to Perma-Pipe and further strengthen our position in the Middle East region.”

Source: Perma-Pipe International Holdings, Inc.