East Pipes Integrated Company for Industry has signed a contract worth more than SAR 64 mln (USD 17 mln), including VAT, with Esnad Al-Turuq Contracting Company for the manufacture and supply of steel pipes.
The contract has a duration of five months, with the financial impact expected to be reflected in the company’s third quarter of fiscal year 2026/27.
Founded in 2010, East Pipes operates a helical spiral arc welded (HSAW) pipe plant in Dammam with an annual capacity of 500,000 tons. The facility can produce pipes up to 18.2 meters long, with wall thicknesses of 6-25.4 mm, diameters of 20-100 inches, and grades up to API X80.
1 USD / 3.75 SAR