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Saturday, December 5 - 2009

Amiantit ends US Perma-Pipe deal

  • Saudi Arabia: Tuesday, August 25 - 2009 at 13:25

Saudi Arabian pipe manufacturer Amiantit has cancelled a memorandum of understanding with US-based company Perma-Pipe, to build a pre-insulated pipes factory, following a disagreement over management, according to Al Riyadh daily. Amiantit had previously said the cancellation of the MoU did not mean an end to its plans to invest in pre-insulated pipes.

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