APC wins pipe supply contract from Saudi Aramco

Arabian Pipes Company (APC) has signed a new contract with Saudi Aramco to manufacture and supply pipes valued at approximately SAR 47 mln (USD 12.5 mln), the company said in a stock exchange filing.

The 13-month contract is expected to reflect APC's financial results starting in Q4 2026, according to the statement.

APC, a manufacturer specializing in ERW pipes and LSAW pipes, has an annual production capacity of 160,000 tons and 300,000 tons for ERW and LSAW pipes, respectively. The company operates two factories located in Riyadh and Jubail.

1 USD / 3.75 SAR