Perma-Pipe Worldwide Holdings Inc. has secured a contract within the Gulf Cooperation Council area. The corporate stated in a media launch it has been contracted to supply thermal insulation, anti-corrosion coatings, and different providers from its Abu Dhabi facility.
Undertaking graduation is predicted within the third quarter of 2025, the corporate stated, placing the mission’s price ticket above $43 million.
This mission will make the most of Perma-Pipe’s anti-corrosion coatings capabilities, fabrication, and the TRACE-THERM insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing, the corporate stated.
“This award follows the profitable execution of quite a few growth initiatives within the area. Our differentiated coating options have confirmed to be well-suited for technically difficult initiatives”, Saleh Sagr, Senior Vice President for Perma-Pipe’s MENA area, stated.
“This award offers proof that our applied sciences are well-positioned to satisfy the complicated necessities in just about all geographies as we proceed our deal with extremely lively oil and gasoline markets worldwide. This mission continues a rise in large-scale mission exercise we’re seeing globally and, when coupled with different lately introduced mission awards, additional strengthens our report backlog place heading into 2025”, David Mansfield, President, and CEO, commented.
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