Perma-Pipe International (PPIH) Secures Major Contracts in Americas and MENA | PPIH Stock News

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Apr 09, 2025
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Perma-Pipe International Holdings, Inc. (PPIH, Financial) has announced a series of significant project awards in the Americas and the MENA (Middle East and North Africa) region, collectively surpassing $27 million in value. These projects will capitalize on Perma-Pipe's advanced anti-corrosion coating technology and their Xtru-Therm insulation system, which combines spray-applied polyurethane foam with a high-density polyethylene casing.

The company has secured contracts to provide anti-corrosion coating services tailored to the oil and gas sectors in Western Canada and the United Arab Emirates. Additionally, Perma-Pipe will supply double-containment and pre-insulated piping solutions to support data center and industrial expansion projects in the United States and Saudi Arabia.

This diverse array of contracts underscores Perma-Pipe's strategic role in enhancing infrastructure in both the energy and industrial sectors across these key global markets.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.