AMIANTIT FACTORIES IN KSA EXPORT GRP PIPES TO 13 COUNTRIES

Other orders include GRP pipes and fittings worth SAR 48.75 million to Iran and GRP storage tanks worth SAR 37.5 million manufactured in India

Dammam, June 2005 - During April 2005, three Amiantit manufacturing facilities in Saudi Arabia: Amiantit Fiberglass Industries Limited (AFIL) in Dammam, FPC in Dammam and Amitech in Jeddah, completed exports to 13 countries.

“While Saudi Arabia remains our biggest single market, export orders are becoming more and more substantial and their combined volume adds up to an increasingly important part of our business.” said Eng. Fareed Al-Khalawi, Amiantit President & CEO. “

The orders were for Glass-fibre Reinforced Polyester (GRP) pipes of various diameters for water and waste water infrastructure projects and included 10km to Syria, 5km to Morganti, Jordan, 3km to Sabiyah, Kuwait, 3km to Sudan, 2km to Sohar, Oman, 2km to Yemen and 1.5km to Zawia, Libya.

In addition, AFIL Dammam has supplied the Iran Marine Industrial Company (SADRA) with SAR 48.75 million ($13 million) worth of pipes and fittings. SADRA is one of Iran’s biggest off-shore contracting companies and has the contract to provide utility services to the Assuluya based petrochemical industries. The project will supply sea water for cooling which is transported through an open channel to a pumping station and then through a 12 km network of GRP pipes to the industrial complex. Steel pipes were originally specified but following a detailed technical scrutiny and evaluation world wide, GRP was selected and AFIL was awarded the design, review, engineering, supply and supervision of the piping network.

Another Amiantit manufacturing facility, Amiantit Fiberglass Industries India Ltd., is currently servicing an order for GRP underground storage tanks from Reliance Industries, India’s largest private sector refinery and petrochemical company. Reliance has a programme to establish nearly 5800 retail outlets over a five year period. Between January 2004, when the AFIL plant in Goa, India was commissioned, and March 2005, Amiantit India supplied some 2000 GRP tanks in configurations of 20, 40 and 70 kl. Then, last month when Reliance had a sudden requirement for more tanks to be delivered within a short time frame, they ordered an additional 2000 GRP tanks. The total contract is worth SAR 37.5 ($10 million) out of which more than SAR 28 million ($7.5 million) worth of tanks is for delivery during 2005.

Also in April, GRP pipes and fittings were supplied to a number of customers in Saudi Arabia including continuing delivery of AFIL’s world record four metre diameter pipes to the Royal Commission for Jubail & Yanbu.

Eng. Fareed Al-Khalawi went on to say “These orders show global confidence in the reliability of Amiantit products and technologies, all of which are supported by certifications such as ISO 9001, ISO 14001, UL, FM, NSF, and many others, ensuring that production conforms to the highest international standards.”

GRP products are manufactured using Amiantit-owned Flowtite™ technology and are corrosion free, strong, lightweight, and cost effective due to easy installation and minimal maintenance.

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