Pall Corporation (PLL - Analyst Report), a leading supplier of filtration, separation and purification products, recently opened its second office in the Middle East. The new office will be located in Al Khobar, in the Kingdom of Saudi Arabia (KSA). Earlier, in October 2010, Pall had opened its regional headquarters in Dubai (UAE).
Ever since its inception in 2003, Pall has always felt the need of increased local presence to help its customers with improved services. At the new office, Pall plans to maintain a customer support team along with an engineering facility to better serve its customers and partners in the region.
Pall has been currently experiencing increased demand for advanced fluid management solutions in the region. This will be rightly answered by Pall’s local presence in the region along with its diversified product portfolio comprising different applications that serve various industries such as oil and gas, petrochemicals, power generation, pharmaceuticals and water treatment.
Recently, Pall also entered into research collaboration with the King Abdullah University of Science and Technology (KAUST) located in the region. This integration was a part of the KAUST Industry Collaboration Program (KICP). As per the terms of the contract, Pall will take part in joint research program in the areas of filtration, separation and purification technologies.
These initiatives further prove Pall’s sustained dedication to improve its business performance in the Middle East region.
Pall currently has a Zacks Rank #3 (Hold). Other industry participants worth looking at include, Calgon Carbon Corporation (CCC - Analyst Report) with a Zacks Rank #1(Strong Buy), CECO Environmental Corp. (CECE - Snapshot Report) and Fuel-Tech, Inc. , both having a Zacks Rank #2 (Buy).