Amiantit contracts exceed USD 110 million in GCC and Yemen
- Saudi Arabia: Tuesday, April 26 - 2005 at 13:21
- PRESS RELEASE
The Amiantit Group has recently secured contracts in the GCC totaling USD 114 million for the first quarter of 2005 to supply various types of pipes for industrial and infrastructure projects in Saudi Arabia, UAE, Bahrain, Qatar, Kuwait, Oman, and also in Yemen.
The Royal Commission for Jubail & Yanbu has placed an order worth US$ 40 million for the huge 4 meter diameter GRP pipes, which is the world's largest. In addition, there were two orders for desalination plants in Kuwait among other projects
Customers in the Kingdom placing these orders include SABIC among other customers in the Central and Western Provinces.
The orders from other GCC countries were mostly for ductile iron pipes and included replacement of Asbestos cement pipes in the UAE - a substance which is internationally banned -, a water distribution network in Abu Dhabi and two other projects in Doha. The orders from Kuwait were for the Sabiyah Desalination Plant project, a road construction project, and Al-Khiran New Town infrastructure project. Orders from Oman were for the Sohar Desalination Plant, and projects in the Ibra, Al-Qabil, Bidiyah and Fanjah areas that mounted to US$ 13 million. In addition, there were pipes ordered for distribution network projects in Bahrain and Yemen.
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Notes and Media Contacts »
The Amiantit Group is a leading industrial organization with global strength and is comprised of companies in the Kingdom and abroad that manufacture various kinds of pipes, joints, fittings, tanks, rubber & insulation products, and related accessories. Other activities include own and transfer technology, and water project consultancy and management all around the world.
For further information please contact:
Assim L. Alhakeem
Saudi Arabian Amiantit Company
Tel: 02 - 651 5676 Ext: #666
Fax: 02 - 651 6149
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Posted by Anne-Birte Stensgaard, Senior News Editor



