Perma-Pipe International announces contract awards in excess of $8M

Perma-Pipe International Holdings announced it has been awarded two contracts with a combined value in excess of $8M. The first is to provide insulated piping for a thermal distribution system on the campus of Fanshawe College in London, Ontario, Canada. The contract is to supply Perma-Pipe’s XTRU-THERM thermally insulated piping system. Grant Dewbre, COO and Senior Vice President for Perma-Pipe’s Americas region stated, "We are excited to be working for Fanshawe College and EllisDon and we thank them for placing their trust in us, and we expect to exceed their expectations." In addition, today Perma-Pipe International Holdings, Inc. announced its subsidiary, Perma-Pipe Middle East LLC, has been awarded contracts by China Petroleum & Chemical Corporation for the provision of thermally insulated pipe and field joints for a project in Uganda. This project will feed the East African Crude Oil Pipeline transporting oil to the coast in Tanzania. The project will utilize Perma-Pipe’s XTRU-THERM insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. The projects will begin execution in Perma-Pipe’s new facility in Abu Dhabi, UAE in Q3 2023.