News
P.P.I.C s' chairman, Mr. Nidal Sukhtian had signed a contract with a large Italian company to supply a new production line for the production of larger diameters plastic pipes (110 mm - 450 mm) outside diameters.
These larger diameters plastic shall be used for the reconstruction and rehabilitation of the Palestinians' infrastructure piping net works.
This new production for the Palestinians and Arab countries' markets, shall double P.P.I.C s' exporting volume to several Arab neighbouring countries to 1,000,000 meters per annum.
Consequently, this project shall have a good impact on P.P.I.C s' policy in the forthcoming future and is expected to contribute to the company's' development and providing a venue for the transfer of hi-tech to the Palestinian Industry.
P.P.I.C s' sales are expected to double and consequently, there shall be a good impact on the share values in the Palestinian Security exchange as the share value of P.P.I.C has already risen with a total increase of 25%. |