Tuesday 5 November 2024
 
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Future Pipe

GCC 'a key market for fiberglass pipes'

GCC is one of the key markets for fiberglass pipes worldwide with a market share of about 26 per cent, a leading producer said. The use of fiberglass pipes is estimated at 5 per cent within the oil and gas industry, Future Pipe In

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Dubai's Future Pipe drops $554m IPO

Lebanon's Makhzoumi family has dropped plans to sell a stake in its Dubai-based Future Pipe Industries in an initial public offering citing the downturn in equity markets. The family had planned to raise as much as $554 million by selling

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Future Pipes seeks up to $554m in IPO

Family owned, Dubai-based Future Pipe Industries (FPI ) said on Sunday it is pricing its initial public offering that starts on Sunday at between $5 and $6.6. The IPO could raise at least $420 million and as much as $554 million, valuing F

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Future Pipe Industries wins $138m Qatar order

Dubai-based Future Pipe Industries Group (FPI) has won a major new contract to supply Fiberstrong fiberglass pipes and fittings for the project to expand the seawater cooling facility at Ras Laffan Industrial City in Qatar.  The new

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Lebanon's Makhzoumis eye $400m in Dubai IPO

Lebanon's Makhzoumi family said on Sunday it plans to raise at least $400 million by selling shares to the public in Dubai-based Future Pipe Industries, a maker of fibre glass pipes used for city infrastructure. The Makhzoumis, who set up

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