fpi wins new us $138 million contract - Future Pipe Industries
fpi wins new us $138 million contract - Future Pipe Industries
fpi wins new us $138 million contract - Future Pipe Industries
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Commenting on the <strong>contract</strong>, Rami Makhzoumi, President and CEO of FPI said:<br />
“This important <strong>contract</strong> demonstrates our ability to service some of the world’s largest<br />
infrastructure projects. Our home market, the GCC, is the fastest growing fiberglass<br />
pipe market in the world and it is here that FPI has proved that fiberglass can be the pipe<br />
solution of choice for the biggest infrastructure and ind<strong>us</strong>trial projects.<br />
“In the case of Ras Laffan, our fiberglass pipe systems demonstrated their ability to<br />
perform at a superior standard to other materials, given harsh environmental conditions<br />
in the Gulf region, the design parameters, and the highly corrosive elements of seawater<br />
being transported. Cutting edge technological innovation and quality make FPI’s<br />
Fiberstrong pipe systems ideally suited for a project of this caliber, the largest of its kind<br />
in the region.”<br />
FPI will supply Fiberstrong fiberglass pipes for the cooling water system as this type of<br />
pipe system is highly capable of resisting the region’s high temperatures – which can<br />
soar to 50 degrees centigrade – and the corrosive conditions from seawater. GRP pipes<br />
are also more efficient carriers, light in weight, durable and easy to install.<br />
The delivery of these fiberglass pipe systems in connection with Phase 2 category II ,<br />
which are directed through Athens-based Consolidated Contractors Co, is expected to<br />
commence this year. The project is expected to be completed by the first half of 2010.<br />
Media Contact:<br />
Tom Mollo +9714 390 2514<br />
Rhiannon Evans +9714 367 2228<br />
Bell Pottinger, Dubai<br />
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