Re Contract
July 26 2002 - 2:31AM
UK Regulatory
RNS Number:1508Z
Compagnie de Saint-Gobain
25 July 2002
SAINT-GOBAIN PAM SECURES A MAJOR CONTRACT
FOR A DUCTILE-IRON PIPELINE
Saint-Gobain Pam, the flagship company of Saint-Gobain's Pipe Division, has
signed a contract to supply Japan's Marubeni Corporation with equipment to
build
a drinking-water pipeline for the Abu Dhabi Water and Electricity Authorities.
The pipeline will link the Shuweihat desalination plant with Abu Dhabi.
This contract, worth approximately $300 million, represents a total of about
410,000 metric tons of pipes. It is the largest ductile-iron pipe contract
ever
signed by any company in the world.
The 460 kms of pipes will include both standard and flanged pipes, as well as
high-technology polyurethane-coated PUX pipes. They will be delivered in
installments over the course of 20 months.
This contract confirms Saint-Gobain's position as world leader in the field of
equipment for drinking-water networks, an area with vast development potential
for the coming years.
Saint-Gobain's Pipe Division employs 8,000 people worldwide and had 2001 sales
of Euro 1,400 million.
Investor Relations Department
Florence TRIOU-TEIXEIRA - mailto : florence.triou@saint-gobain.com
Claire MOSES + 33 1 47 62 32 36 - mailto : claire.moses @ saint-gobain.com
Fax : +33 1 47 62 50 62
This information is provided by RNS
The company news service from the London Stock Exchange
END
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