Perma-Pipe Secures $46 Million in MENA Projects

Author

Slice of Energy Team
August 27, 2024

Key Highlights:

  • Perma-Pipe awarded over $46 million in projects in the MENA region.

  • Projects utilize Perma-Pipe’s XTRU-THERM® insulation system.

  • Strategic awards align with Perma-Pipe's growth plans in the Middle East.

  • Company commits to delivering on schedule with the highest quality and safety standards.

Source (Business Wire)

Notable Quotes:

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"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.”

David Mansfield, President and CEO at Perma-Pipe International Holdings, Inc
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"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."

Saleh Sagr, Sr. Vice President for MENA Region at Perma-Pipe International Holdings, Inc

Our Take:

Perma-Pipe's recent project awards in the MENA region underscore the company's growing influence in one of the world's most dynamic markets. By leveraging its XTRU-THERM® insulation system, Perma-Pipe not only enhances its competitive edge but also reinforces its commitment to innovation and excellence in delivering complex infrastructure solutions. These strategic projects are likely to further solidify Perma-Pipe's position as a leading player in the pre-insulated piping industry, particularly within the energy and industrial sectors.