fpi wins new us $138 million contract - Future Pipe Industries

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Commenting on the contract, Rami Makhzoumi, President and CEO of FPI said: “This important contract demonstrates our ability to service some of the world’s largest infrastructure projects. Our home market, the GCC, is the fastest growing fiberglass pipe market in the world and it is here that FPI has proved that fiberglass can be the pipe solution of choice for the biggest infrastructure and industrial projects. “In the case of Ras Laffan, our fiberglass pipe systems demonstrated their ability to perform at a superior standard to other materials, given harsh environmental conditions in the Gulf region, the design parameters, and the highly corrosive elements of seawater being transported. Cutting edge technological innovation and quality make FPI’s Fiberstrong pipe systems ideally suited for a project of this caliber, the largest of its kind in the region.” FPI will supply Fiberstrong fiberglass pipes for the cooling water system as this type of pipe system is highly capable of resisting the region’s high temperatures – which can soar to 50 degrees centigrade – and the corrosive conditions from seawater. GRP pipes are also more efficient carriers, light in weight, durable and easy to install. The delivery of these fiberglass pipe systems in connection with Phase 2 category II , which are directed through Athens-based Consolidated Contractors Co, is expected to commence this year. The project is expected to be completed by the first half of 2010. Media Contact: Tom Mollo +9714 390 2514 Rhiannon Evans +9714 367 2228 Bell Pottinger, Dubai - ENDS -
About FPI Future Pipe Industries Group (FPI) is the global leader in the large diameter fiberglass pipe industry, developing, manufacturing and supplying fiberglass pipe systems for customers throughout the world. Headquartered in Dubai, FPI’s operations include 11 factories and a global network of sales offices across four continents. FPI serves customers in over 50 countries across the oil and gas, infrastructure and municipal, water distribution, desalination and power, petrochemical and industrial markets. FPI’s customers are generally companies engaged in infrastructure and construction projects, such as EPC contractors and general infrastructure building contractors. The end-users of FPI’s pipe systems include governments, municipalities, other state-owned enterprises, oil and gas exploration and production companies and power generation companies.
Page 1: PRESS RELEASE FPI WINS NEW US$138 M

fpi wins new us $138 million contract - Future Pipe Industries

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