The Globe & Mail
Summary
Perma-Pipe International Holdings, Inc. is pleased to announce today that its subsidiary Perma-Pipe Egypt has recently been awarded approximately $5.0 million in contracts for the provision of thermally insulated pipes, field joints, and leak detection systems for district cooling networks by Consolidated Contractors Company (CCC) Group S.A.L. and Gascool Company in Old City Al Alamein and the Embassies District of the New Administrative Capital of Egypt.
The project will utilize Perma-Pipe’s XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Perma-Pipe will also be responsible for the supply, installation, and commissioning of Perma-Pipe’s own “PermAlert®” leak detection system for the insulated pipelines. The projects will begin execution in Perma-Pipe’s facilities in Beni Suef, Egypt in Q3 2021.
Also, Perma-Pipe International Holdings, Inc. today announced its subsidiary Perma-Pipe Saudi Arabia has been awarded a $5.1 million contract by Nesma & Partners Contracting Co. Ltd. for the provision of thermally insulated pipe and field joints for a district cooling network for Umm Al Qura for Development & Construction Company (UAQ), in the King Abdul Aziz Road Development (KAAR). The combined value of contracts awarded to Perma-Pipe Saudi Arabia in Q3 2020 was $5.7 million.
The project will utilize Perma-Pipe’s premier engineered POLY-THERM® insulation system, a spray-applied polyisocyanurate foam jacketed with a tough fiberglass reinforced outer jacket. POLY-THERM® complies with the stringent flame-spread index and smoke development index requirements of ASTM E84 Class-1 making the product suitable for applications where fire protection is paramount. The project will begin execution in Perma-Pipe’s facilities in Dammam Industrial City, Saudi Arabia in Q4 2020.
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