Perma-Pipe Wins US$52 Mln In Q3 2025 Project Awards

KUALA LUMPUR, Dec 4 (Bernama) -- Perma-Pipe International Holdings Inc has secured US$52 million in project awards during the third quarter (Q3) of 2025, including US$30 million previously announced in September. (US$1=RM4.11)

The additional US$22 million includes major United States data centre infrastructure projects and Saudi Aramco–related work to be executed from Perma-Pipe’s newly approved facility in Dammam, Saudi Arabia.

“These wins highlight the strength of the platform we have built and the disciplined execution that underpins our growth.

“Perma-Pipe continues to deliver reliable, high-value solutions in markets where performance and safety are critical,” said the company’s President and Chief Executive Officer, Saleh Sagr in a statement.

Meanwhile, its Senior Vice President, North America, Marc Huber said the awards reflect accelerating demand for mission-critical infrastructure, particularly in the data centre sector.

Its Senior Vice President, MENA, Adham Sharkawi added that strengthening the company’s presence in Saudi Arabia remains a strategic priority, with the new Aramco awards underscoring the value of localised production capabilities.

Perma-Pipe’s expanded Dammam facility enhances regional manufacturing and fabrication capabilities, enabling faster deployment of engineered piping systems, modular components, and integrated industrial solutions for energy, utilities, and mission-critical infrastructure customers.

-- BERNAMA