Arabian Pipes Company (APC) has secured a new supply contract with EPC contractor C.A.T. International LLC, according to a disclosure filed with the stock exchange.
Valued at SAR 107 mln (USD 28.4 mln), the agreement covers the supply of pipes from APC’s manufacturing facilities for the third phase of the Jafurah Pipelines project.
The contract is set to run for nine months, with the financial impact expected to appear in APC’s results during the third and fourth quarters of 2025.
APC, a manufacturer specializing in ERW pipes and LSAW pipes, boasts an annual production capacity of 160,000 tons and 300,000 tons for ERW and LSAW pipes, respectively. The ERW pipes come in sizes ranging from 6 to 20 inches, while LSAW pipes are available in sizes from 16 to 48 inches. The company operates two factories located in Riyadh and Jubail.
1 USD / 3.75 SAR