ShawCor Ltd. has announced that its subsidiary, Shaw Pipe Protection Ltd. will invest $11 million to construct a new pipe coating facility in Camrose, Alberta, Canada to provide technologically advanced internal pipe coatings and insulation systems for the Western Canadian Sedimentary Basin (WCSB).
The new coating facility, scheduled to be completed in the third quarter of 2008, will provide advanced SureFlo internal flow efficiency, anticorrosion and abrasion resistant pipe coatings for the oil sands region and other pipeline markets. The SureFlo product line will be expanded in 2008 to include internal anticorrosion and abrasion resistant coatings and this new facility is a key component of this expansion strategy. In addition, the new facility will manufacture Insul-8 AG, a new high temperature pipe insulation system for above ground pipelines.