Dammam, Saudi Arabia — East Pipes Integrated Company for Industry has signed a SAR 40 million contract with Abdullah Ibrahim Al-Sayegh & Sons Company, including VAT, to manufacture and supply steel pipes with external coatings.
The company announced the deal today on Saudi Tadawul. The project, which encompasses steel pipe production and coating supply, will span a period of six months.
East Pipes Steel Pipe Supply Deal Strengthens Manufacturing Outlook
The contract is expected to support East Pipes’ financial results for the third and fourth quarters of fiscal year 2025-2026. The project also reflects the Kingdom’s growing demand for steel infrastructure as industrial development accelerates.
The agreement further expands East Pipes’ role in the Saudi Arabian steel pipe industry, building on its existing portfolio of supply contracts across the infrastructure, energy, and utility sectors.
East Pipes Growth Momentum Continues with New Contracts
The East Pipes steel pipe supply deal follows the company’s strong annual performance. On May 21, East Pipes reported a 43% increase in profits, reaching SAR 382.12 million for the fiscal year ending March 31, 2025, compared to SAR 268 million the previous year.
This growth reflects East Pipes’ successful execution of manufacturing projects and its expanding position in Saudi Arabia’s industrial sector.
The company stated it remains focused on delivering high-quality pipeline products that support national development goals, particularly as demand for domestic manufacturing and infrastructure rises.
The Saudi Standard’s View: Pipeline Deals Reflect Saudi Industrial Strength
The latest East Pipes steel pipe supply deal with Al-Sayegh Sons highlights the strength of Saudi Arabia’s manufacturing sector. As infrastructure projects expand, domestic companies like East Pipes play a crucial role in meeting the demand for steel and pipelines.
The deal also reflects the positive momentum within Saudi industrial manufacturing. With expanding production capacity and reliable supply chains, companies are increasingly contributing to the Kingdom’s economic diversification goals under Vision 2030.
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