Perma-Pipe International, Welspun Sign MOU for Integrated Pipe Platform in Jordan
MT newswire2026/09/01 12:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:26 AM EDT, 09/01/2026 (MT Newswires) -- Perma-Pipe International (PPIH) and Welspun signed a memorandum of understanding with project developers and the Jordanian government to advance the development of pipe manufacturing and advanced coating facilities in Jordan, the company said Tuesday. The companies intend to establish a joint venture combining Welspun's large-diameter steel pipe manufacturing capabilities with Perma-Pipe's anti-corrosion coating and engineered piping expertise, it added. The parties are addressing technical, financing and regulatory requirements, with details on the JV to be announced later, it added.
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