The Saudi East Pipes Integrated Co. has secured a deal worth SR490 million ($131 million) to supply water pipes to Saline Water Conversion Corporation.

The financial impact of the one-year deal will be seen in the company’s fiscal year 2022-2023, the company reported to the Saudi stock exchange.

Established in 2010, East Pipes specializes in the manufacturing of steel pipes and joined the Saudi stock exchange earlier this year.