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08 Mar
13:39

Saudi pipemaker awaits Aramco threading line approval

Arabian Pipes Company (APC) is awaiting approval from Saudi Aramco for its new threading line, according to brokerage reports citing APC’s board of directors’ 2015 report. The firm also aims to enter new markets and is studying investment opportunities at home and abroad, the reports say without providing details. APC management did not respond to requests from Kallanish for comment. Last November APC won an $18.1 million contract to supply 460km …
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