Abu Dhabi: Perma-Pipe International Holdings Inc (Perma-Pipe) has announced it has received a formal letter of award exceeding US$43 million for a development project in the Gulf Cooperation Council (GCC) region. The company stated it will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility, with work on the project set to commence in the third quarter of this year.

According to BERNAMA News Agency, Perma-Pipe President and Chief Executive Officer, David Mansfield, highlighted that the award demonstrates the company’s capability to meet complex requirements across various geographies. Mansfield noted the ongoing increase in large-scale project activity globally, which, along with other recent project awards, strengthens Perma-Pipe’s record backlog position heading into 2025.

Perma-Pipe MENA region Senior Vice President, Saleh Sagr, remarked that the award follows the successful execution of numerous development projects in the region. Sagr emphasized the suitability of their differentiated coating solutions for technically challenging projects and expressed gratitude to their customers for the significant award.

This project will leverage Perma-Pipe’s anti-corrosion coatings capabilities, fabrication, and the TRACE-THERM insulation system, featuring a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. As a global leader in pre-insulated piping and leak detection systems for oil and gas, district heating, and cooling, Perma-Pipe operates in 15 locations across six countries, using its engineering and fabrication expertise to address complex challenges in liquid transportation.