Morning Star
Summary
Perma-Pipe International Holdings, Inc., announces $46 million in Contract Awards in the Middle East Region
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded two projects in the MENA region. The overall amount of the two projects is more than 46 million USD.
The two awarded projects are part of major developments in the region. These projects will utilize Perma-Pipe’s coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing.
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.”
Continue Reading
#MemberNewsIDEA
#PermaPipe