PIPELINES / Welland Pipe awarded a $100 Million Contract
WELLAND, Ont., Jan. 7 /CNW/ - Welland Pipe Ltd., Welland, Ontario, has
been awarded a $100 million contract to supply large-diameter pipe for the
Maritimes & Northeast Pipeline.
The 370 kilometres of 30-inch diameter pipe (67,000 tonnes) will be
produced between November 1998 and June 1999.
The pipe is destined for Nova Scotia and New Brunswick where it will be
used to transport natural gas from the Sable Offshore Energy Project to an
interconnect point with a U.S. pipeline near St. Stephen, New Brunswick.
This recent award, combined with other firm and conditional contracts,
will support high levels of activity at Welland Pipe's facilities throughout
1998 and the first half of 1999.
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Welland Pipe Ltd., a wholly owned subsidiary of Stelco Inc., produces
large-diameter transmission pipe for the oil and gas industry. Stelco Inc. and
its affiliates are a group of market-driven, technologically advanced
businesses that are committed to maintaining leadership roles as suppliers of
high-quality steel products. These businesses give Stelco a presence in six
Canadian provinces and three states of the United States. Consolidated sales
in 1996 were $2.9 billion. |
