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Perma-Pipe International Secures $46 Million Projects in MENA Region -- Shares Jump
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Perma-Pipe International Secures $46 Million Projects in MENA Region -- Shares Jump
Aug 25, 2024 2:16 AM

03:38 PM EDT, 08/23/2024 (MT Newswires) -- Perma-Pipe International ( PPIH ) said Friday it has secured two development projects in the Middle East and North Africa region, with a combined value exceeding $46 million.

The two awarded projects will utilize Perma-Pipe's ( PPIH ) coating technologies and an insulation system, featuring spray-applied polyurethane foam with a high-density polyethylene casing, the company said.

The company's shares jumped 22% in recent trading.

Price: 10.99, Change: +1.99, Percent Change: +22.11

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