ShawCor Scores $50MM Contract on Enbridge Alberta Clipper Pipeline

ShawCor Ltd. announced its subsidiary, Shaw Pipe Protection Ltd., has received a contract with a value in excess of $50 million to provide coatings for the Enbridge Alberta Clipper project. Coating will commence in the third quarter of 2008 at the company's Regina pipe coating facility.

Enbridge's Alberta Clipper project will consist of approximately 1,600 km of 36" pipe and will be coated with fusion bonded epoxy anti-corrosion coating and a dual layer fusion bonded epoxy coating for sections of the pipeline requiring additional protection during construction. Shaw Pipe Protection will also provide Enbridge with rail car loading services for the coated pipe. This project is a crude oil pipeline that will extend from Hardisty, Alberta to Superior, Wisconsin and is expected to be in service by mid-2010.