ShawCor Ltd. announced that its subsidiary, Shaw Pipe Protection Ltd., will invest $13.8 million in additional FBE pipe coating capacity for the Western Canadian Sedimentary Basin (WCSB). This investment is in addition to the previously announced facility expansions in Camrose, Alberta.
The additional coating capacity will be added to the Shaw Pipe Regina pipe coating facility which will be upgraded to provide advanced FBE technology for small and large diameter pipe. The investment will ensure continued high service levels to Canadian customers including IPSCO Inc., which recently announced a significant expansion and Enbridge Pipelines Inc., which has a long-term supply arrangement with Shaw Pipe. The added capacity will be in-service by the end of the third quarter of 2008.