08 April 2008

FPI wins new $138m contract to supply pipe systems for Ras Laffan project in Qatar

Dubai-based Future Pipe Industries Group (FPI), the leading global manufacturer of large-diameter fiberglass pipe systems, has won a major new contract to supply Fiberstrong fiberglass pipes and fittings for Phase 2, category II, of the project to expand the seawater cooling facility at Ras Laffan Industrial City, in Qatar.

These new pipe and fittings orders for Fiberstrong pipe systems are valued at over $138m (QR505m).

FPI, through its subsidiary, Future Pipe Industries Qatar, has already supplied Fiberstrong for a portion of Ras Laffan's piping systems in connection with Phase 1 and the category I of Phase 2. By the time Phase 2 is complete, FPI is expected to have delivered approximately 176,000 meters of Fiberstrong fiberglass pipes. or equivalent to one third the length of Qatar's coastline.

FPI Fiberstrong pipe systems will be used for above and below ground seawater cooling lines, fire water and chlorination.

Located 80km north east of Doha, Ras Laffan City's industrial port, operated by state-owned Qatar Petroleum (QP), is amongst the largest facilities in the world for the export of liquefied natural gas (LNG), gas that is cooled to a liquid for transport by ship. A common cooling water supply facility is critical given the scale of industries present there. By 2010, QP expects demand for more than 1 million cubic meters of cooled water per day, compared with supply of just under 600,000 cubic meters now.

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.

No comments:

Lebanon Time-Line

Introducing Lebanon

Coolly combining the ancient with the ultramodern, Lebanon is one of the most captivating countries in the Middle East. From the Phoenician findings of Tyre (Sour) and Roman Baalbek's tremendous temple to Beirut's BO18 and Bernard Khoury's modern movement, the span of Lebanon's history leaves many visitors spinning. Tripoli (Trablous) is considered to have the best souk in the country and is famous for its Mamluk architecture. It's well equipped with a taste of modernity as well; Jounieh, formerly a sleepy fishing village, is a town alive with nightclubs and glitz on summer weekends.

With all of the Middle East's best bits - warm and welcoming people, mind-blowing history and considerable culture, Lebanon is also the antithesis of many people's imaginings of the Middle East: mostly mountainous with skiing to boot, it's also laid-back, liberal and fun. While Beirut is fast becoming the region's party place, Lebanon is working hard to recapture its crown as the 'Paris of the Orient'.

The rejuvenation of the Beirut Central District is one of the largest, most ambitious urban redevelopment projects ever undertaken. Travellers will find the excitement surrounding this and other developments and designs palpable - and very infectious.

Finally, Lebanon's cuisine is considered the richest of the region. From hummus to hommard (lobster), you'll dine like a king. With legendary sights, hospitality, food and nightlife, what more could a traveller want?

Introducing Beirut

What Beirut is depends entirely on where you are. If you’re gazing at the beautifully reconstructed colonial relics and mosques of central Beirut’s Downtown, the city is a triumph of rejuvenation over disaster.

If you’re in the young, vibrant neighbourhoods of Gemmayzeh or Achrafiye, Beirut is about living for the moment: partying, eating and drinking as if there’s no tomorrow. If you’re standing in the shadow of buildings still peppered with bullet holes, or walking the Green Line with an elderly resident, it’s a city of bitter memories and a dark past. If you’re with Beirut’s Armenians, Beirut is about salvation; if you’re with its handful of Jews, it’s about hiding your true identity. Here you’ll find the freest gay scene in the Arab Middle East, yet homosexuality is still illegal. If you’re in one of Beirut’s southern refugee camps, Beirut is about sorrow and displacement; other southern districts are considered a base for paramilitary operations and south Beirut is home to infamous Hezbollah secretary general, Hassan Nasrallah. For some, it’s a city of fear; for others, freedom.

Throw in maniacal drivers, air pollution from old, smoking Mercedes taxis, world-class universities, bars to rival Soho and coffee thicker than mud, political demonstrations, and swimming pools awash with more silicone than Miami. Add people so friendly you’ll swear it can’t be true, a political situation existing on a knife-edge, internationally renowned museums and gallery openings that continue in the face of explosions, assassinations and power cuts, and you’ll find that you’ve never experienced a capital city quite so alive and kicking – despite its frequent volatility.