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11 Nov
12:24

Arabian Pipes Company bags Aramco orders

Arabian Pipes Company (APC) has bagged two orders worth a combined SAR 78 million ($20.8m) to supply casing and line pipe to Saudi Aramco, Kallanish learns from the Saudi welded pipemaker. Deliveries will begin in the first quarter of 2017 from APC’s Riyadh mill, and the financial impact of the contracts will be felt in Q1 and Q2 next year. APC has now secured nine orders from Aramco since October 2015. The pipemaker saw revenue in the nine months …
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