CEO Message
Today’s world is fast paced and rapidly evolving. The Kingdom’s market is constantly changing and adapting in response to national initiatives under Vision 2030, as well as new infrastructure growth opportunities and advanced manufacturing trends that increasingly focus on innovation, excellence, and sustainability. For a business to be successful and thrive in an increasingly competitive landscape, it must learn to capitalize on these opportunities. Since its inception in 2010, East Pipes has been using its customer centric model to become the supplier of choice and provide customers with complete pipe solutions. As a result, we are now one of the largest fully – integrated manufacturers of Submerged Arc Welded (HSAW) pipes in the region, with a market share of over 50% in Saudi Arabia over the past 3 years.
As a market leader in spiral pipe production, we pride ourselves on our state-of the-art, fully-integrated manufacturing facilities, as well as our strong track record of delivery and experienced working force and robust corporate governance. As a responsible and ethical business, we are also committed to protecting the environment and ensuring a safe and healthy workplace for our people, in addition to helping the local community realize their full potential. And naturally, as a publicly listed company, our ultimate goal is to maximize shareholders wealth by balancing between growth investment and shareholder distributions.
Building on our success, we look forward to a starting a new chapter in our book as we grow and continue to focus on using our advanced and versatile manufacturing capabilities to retain our position as one of the leading players in the market. Furthermore, we will continue to pursue new opportunities that deliver sustainable long-term shareholder returns, that maximize value creation and balance investment for growth.