Perma-Pipe International (PPIH)

Its product range includes insulated and jacketed piping for district heating and cooling systems, which distribute hot or chilled water from central plants to buildings or campuses. These systems are commonly used in urban developments, hospitals, universities, military facilities, and large commercial projects that require efficient thermal energy distribution. Perma-Pipe also supplies primary and secondary containment piping designed to transport chemicals, petroleum products, hazardous liquids, and other materials where leak prevention and detection are critical.

The company’s capabilities extend to anti-corrosion coatings, insulation, and related services for oil and gas gathering and transmission pipelines. Its coatings can be applied to both internal and external steel pipe surfaces, as well as fittings such as bends, reducers, and tees. This positions Perma-Pipe within markets tied to pipeline integrity, industrial safety, energy transport, and long-life infrastructure assets.

Perma-Pipe serves customers that require customised engineering rather than commodity pipe. Its value proposition is built around design support, specialised manufacturing, leak detection technology, and field requirements that vary by project and geography. Demand for its systems can be influenced by spending on energy infrastructure, district energy projects, industrial construction, and environmental compliance. The company is therefore exposed to both traditional oil and gas activity and broader investment in resilient, efficient utility networks.