Ipsco to Increase Large-Diameter Pipe Capacity
Ipsco Inc. announced plans to expand its Regina (Saskatchewan) large-diameter pipemaking facility with an additional pipe forming mill and related finishing equipment. The $52.5 million expansion project will increase the facility’s capacity, productivity and flexibility. Ipsco’s large-diameter spiral pipe capacity will be increased by two-thirds to 500,000 tons by early 2008.
Ipsco currently has firm commitments for over 300,000 tons of large-diameter line pipe, which will require its mills to operate at capacity through April 2008. Beyond that period, the company has firm options on over 500,000 tons of large-diameter line pipe, which would commit part of presently available capacity into 2010.