Saudi’s East Pipes bags $267mln steel pipe supply contract

Saudi’s East Pipes bags $267mln steel pipe supply contract

East Pipes Integrated Company for Industry has signed a contract with the state-run Saline Water Conversion Corporation (SWCC) to manufacture and supply of steel pipes for more than 1 billion Saudi riyals ($266.63 million).

The contract duration is 30 months, the company said in a statement published on the Saudi stock exchange.

(Writing by D Madhura; Editing by Anoop Menon)

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