Amiantit Wins Orders for Major Projects in Saudi Arabia

12 April 2006

Continuing its recent run of major contract awards, the Saudi Arabian Amiantit Company has another eleven orders totalling US$ 25.4 million to supply pipes and accessories for projects in Saudi Arabia and Abu Dhabi, UAE.

""While the Amiantit Group is a global industrial organization with factories and customers all around the world, supplying pipe systems for Saudi Arabia's petrochemical, industrial and water & sewage requirements continues to be at the core of our manufacturing activities,"" said Eng. Fareed Al-Khalawi, Amiantit President & CEO. ""And it is matter of great satisfaction to be able to say that the pipes needed for the Kingdom's infrastructure networks are being manufactured here at home to the highest international standards. In fact, today, it is the Saudi Arabian Amiantit Company that is developing the production technologies and setting the standards for the rest of the world.""

The orders in the Kingdom amount to US$ 20.4 million and are for GRP (glass reinforced polyester) and GRE (glass reinforced epoxy) pipes which will be produced at two Amiantit Group manufacturing facilities in Dammam: Amiantit Fiberglass Industries Limited (AFIL) and Bondstrand Limited. The pipes are for gravity water and sewer systems at Saudi Aramco, Khurais, and for potable water, fire water, cooling water and oily water pipe systems for various projects in Rabigh, Jubail and Yanbu.

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