Monday, August 16, 2010

Corrpro gets $5.3 million for TransCanada cathodic protection work

ST. LOUIS, Mo. - Insituform Technologies, Inc. on Aug. 5 announced that its subsidiary, Corrpro Canada, Inc. has received work orders with a combined value of US$5.3 million from TransCanada Corp. as part of its three-year term contract for cathodic protection.
Corrpro will supply and install cathodic protection systems for existing TransCanada pipelines across Canada. The majority of the materials will be manufactured in Corrpro's production facility located in Edmonton, Alta,. It is expected that local crews from the nine Corrpro offices across Canada will be utilized for geographic efficiency.
Corrpro's business relationships and work programs with TransCanada have been ongoing for over 10 years with an estimated combined value of approximately $25 million.
Cathodic protection mitigates the adverse effects due to soil side external corrosion.
Corrpro expects to complete the work by November 2010.

1 comment:

  1. Pipeline cathodic protection is a well known method to handle the corrosion of any metal surface in a way by getting it to work in the type of a cathode of the electrochemical cell.