Aegion Corporation Receives $12.9 Million Fibrwrap® Pipe Rehabilitation Contract Relating to the Government of Hong Kong Water Supplies Department

Jan 24, 2013

Aegion Corporation announced today that its subsidiary, Fyfe Hong Kong Limited, has received a three-year contract valued at $12.9 million (USD) for the rehabilitation of potable steel water pipelines, ranging from 47-inches to 94-inches in diameter, located in the New Territories of Hong Kong for the Government of Hong Kong Water Supplies Department.

Fyfe Hong Kong will install its patented Tyfo® Fibrwrap® system, a fiber reinforced polymer material that repairs, strengthens and retrofits large-diameter pipelines. Fibrwrap® is a highly engineered approach that utilizes advanced technology for rehabilitating pipelines. Fyfe has been installing its Tyfo® Fibrwrap® system in Hong Kong for over seven years and is the leading provider of fiber reinforced polymer systems in Hong Kong.

Dr. Jinsong Wang, Vice President and General Manager for Fyfe Hong Kong, said, “Fyfe Hong Kong is pleased to have been awarded this project and will look for ways to provide additional value to this project by utilizing other products and services of the Aegion family of companies. We believe that Fyfe’s engineering expertise, superior products and sophisticated project management capabilities will help ensure the successful completion of this project.

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