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meima1955

03/29/23 7:07 AM

#29109 RE: bunda #29108

Chairman of Quality International Co Ltd FZC, Adnan Sharafi, commented: "We welcome ILUS International Inc. and the Quality Industrial Corp team in joining hands with Quality International in its exciting growth journey and to scaling new heights in our customer delivery experience. Our aim is to provide the best in class equipment to each of our customers who place their trust in our engineering and manufacturing capabilities and be their longstanding preferred supply partner of choice".

Historically, Quality International has delivered approximately $100 million in annual revenue and holds a current order book of over $150 million. The company is also working on closing additional orders from an active project list of over $2 billion. Quality International is experiencing a powerful resurgence following the Covid-19 pandemic as the Oil and Gas industry expects record profits in 2023, aided by increased investment in infrastructure for strategy fulfilment in 2023 and beyond. Quality International is on several global preferred vendor lists and is one of very few with all the required Oil and Gas industry certifications and large-scale manufacturing facilities in place. Furthermore, the company is now also actively engaged in delivering equipment for green hydrogen projects in the region
Bullish
Bullish