Saudi Arabia-based pipe manufacturer East Pipes Integrated Company for Industry has announced that it has inked multi contracts with local companies Saudi Real Estate Infrastructure Company, and Al Rashid Trading and Contracting Company for the manufacturing and supply of steel pipes worth over SAR 57 million ($15.2 million), including tax.
Under the contracts, East Pipes Co. will supply steel pipes and provide coating services to Saudi Real Estate Infrastructure Company, and Al Rashid Trading and Contracting Company over a period of seven months. The financial impact of these contracts is expected to be reflected in the first and second quarters of the financial year 2025-26.