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Bullboard - Stock Discussion Forum Mattr Corp T.MATR

Alternate Symbol(s):  MTTRF

Energy Oil & Gas Equipment & Services
Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection... see more

TSX:MATR - Post Discussion

Mattr Corp > Shawcor Awarded Pipe Coating Contract
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Post by Betteryear2 on May 26, 2023 7:36am

Shawcor Awarded Pipe Coating Contract

TORONTO, May 26, 2023 (GLOBE NEWSWIRE) -- Shawcor Ltd. (TSX: SCL) (“Shawcor” or the “Company”) announced today that its pipe coating division, Pipeline Performance Group (“PPG”), has received a formal contract award for a development project, located offshore in South America. The Company had previously announced its conditional award, pending project sanction, in late 2022. Shawcor will provide thermal insulation and anticorrosion coating services from a Western Hemisphere facility. Project initiation is expected to begin in the fourth quarter of 2023. The coating value of this project is estimated to exceed C$110M.

Shawcor Awarded Pipe Coating Contract for South American (globenewswire.com)
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