Composite Pipe Industry celebrates its Silver Jubilee, marking 25 years since its establishment, under the patronage of His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion. The event was attended by numerous dignitaries and officials from the oil and gas, industries, water, banking, and university sectors, amidst a gathering of the company's employees and clients in Oman and beyond.
And the company views the addition of a new year to its lifespan as, in essence, an addition to new aspirations and responsibilities towards our country, environment, and certainly towards its employees. Alongside the fact that the company's goals, after two and a half decades, are no less - indeed, they exceed - the goals of its early years. This anniversary is followed by a new beginning, a second launch after the initial one in 1999. A launch towards greater opportunities, new challenges, and renewed returns.
The Chairman and Board Members express their gratitude to the company's employees for their dedication and commitment. The company also extends messages of appreciation to its clients, particularly Petroleum Development Oman Company, OQ, Occidental, and British Petroleum. Additionally, recognition is given to the role played by banks, notably Bank Muscat and Qatar National Bank, in partnership with the company.
In addition, the event highlights the success story of Composite Pipe Industry in localizing the fiberglass pipe industry, being the first factory of its kind in Oman. Localization was the initial step before venturing into the global market, positioning the company among the top four players in the field. Through its long-standing expertise and reliable products, the company has gained a reputation for quality and reliability.
The notable Omani company, Composite Pipe Industry, is a leader in the engineering, manufacturing, and installation of fiberglass reinforced plastic (FRP) pipes, with its factory located in the industrial city of Sohar. Since its establishment, the company has employed over 375 Omani nationals, providing them with extensive career opportunities and training over 100 interns from universities and colleges. Furthermore, the company secures a significant portion of its resources through 380 local suppliers in Oman. Having worked on over 100 sites in 15 countries, the company has exported over 4,000 kilometers of FRP pipes and 350,000 fittings and accessories. Alongside its renowned reputation, the company collaborates with engineering colleges at Sultan Qaboos University, Al Sharqiyah University, and Muscat University in continuous research and development efforts to find innovative solutions for transporting oil, gas, water, petrochemicals, and green hydrogen through high-efficiency pipes with a lifespan exceeding 25 years. Wishing everyone well
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