Shawcor Ltd (SAWLF) 25.0500 $SAWLF
Shawcor Ltd. Acquires Lake Superior Consulting
GlobeNewswire - Tue Jan 05, 4:01PM CST
SHAWCOR LTD. (TSX:SCL) - announced today that it has acquired the units of Lake Superior Consulting, LLC ("Lake Superior"
for an undisclosed sum plus a potential earn out payment payable in 2016. Lake Superior is a Duluth, Minnesota based professional services firm, specializing in pipeline engineering and integrity management services to major pipeline operators. The business operates from facilities in Minnesota, Texas, Nebraska, Kansas and North Dakota, provides pipeline design, engineering, inspection and commissioning as well as integrity management services, and has estimated 2015 revenue of approximately US$45 million. The transaction is expected to be accretive to Shawcor's earnings per share within the next 12 months.
SCL.TO: 32.10 (+0.07)
Shawcor Announces Appointment of New Chair
GlobeNewswire - Mon Dec 21, 10:13AM CST
SHAWCOR LTD. (TSX:SCL) - announced today that Mr. John F. (Jack) Petch, the Chair of the Company's Board of Directors, will retire from the Board effective as of the close of business on December 31, 2015.
SCL.TO: 32.10 (+0.07)
Shawcor Ltd. Acquires Flint Field Services' Tubular Inspection & Management and Global Poly Businesses
GlobeNewswire - Thu Nov 26, 1:49PM CST
SHAWCOR LTD. (TSX:SCL) announced today that it has completed the acquisition of the assets of the Tubular Inspection and Management ("TIM" and Global Poly businesses operated by Flint Field Services Ltd. for C$35.5 million, subject to working capital adjustments. The TIM and Global Poly businesses operate from five owned and five leased facilities in Alberta, British Columbia and Saskatchewan and the TIM business is very similar to the tubular inspection and management business operated by Shawcor's Guardian division. The estimated revenue in 2015 of these acquired businesses is approximately C$46 million. The transaction is expected to be accretive to Shawcor's earnings per share within the next 12 months.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Announces Third Quarter 2015 Results
GlobeNewswire - Thu Nov 05, 5:19PM CST
-- Third quarter revenue of $485 million increased by 22% from the $398 million reported in the second quarter of this year and was also marginally higher than the $470 million reported in the third quarter of 2014.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Announces Second Quarter 2015 Results
GlobeNewswire - Thu Aug 06, 4:01PM CDT
-- Second quarter revenue of $398 million was 10% lower than the $441 million reported in the second quarter of 2014. Revenue also decreased by 16% from the $472 million reported in the first quarter of 2015.
SCL.TO: 32.10 (+0.07)
Subsea Thermal Insulation Material Market by Type, by Application - Regional Trends & Forecast to 2019
PR Newswire - Tue Jul 21, 8:00AM CDT
The Subsea thermal insulation materials market is projected to register a CAGR of 4.80% between 2014 and 2019 to reach $142.30 million by 2019. Europe was estimated to hold the largest share in 2013 with the U.S. being the leading country. In the less explored markets of Middle East & Africa, and Latin America, a high growth is expected while the highly developed North American region is predicted to show lowest growth. Growth in the North American region is expected to be from the increasing focus on deeper drilling operations
ShawCor Provides Update on the South Stream Offshore Pipeline Project
Thomson Reuters ONE - Tue Jun 09, 8:13AM CDT
TORONTO, June 9, 2015 (GLOBE NEWSWIRE) -- ShawCor Ltd. (TSX:SCL) announced today that its Bredero Shaw pipe coating division has received notification from Europipe GmbH that the suspension of the work on its contract with Europipe for the concrete weight coating of Line 1 of the South Stream Pipeline has been lifted with immediate effect and that work on this contract is to be resumed.
SCL.TO: 32.10 (+0.07)
ShawCor Reports Voting Results From Annual General Meeting
GlobeNewswire - Fri May 15, 4:06PM CDT
ShawCor Ltd. (TSX:SCL) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held May 12, 2015 in Toronto, Ontario.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Announces First Quarter 2015 Results
GlobeNewswire - Tue May 12, 3:20PM CDT
-- First quarter revenue of $472 million was 2% lower than the $479 million reported in the first quarter of 2014. Revenue also decreased by 6% from the $500 million reported in the fourth quarter of 2014.
SCL.TO: 32.10 (+0.07)
ShawCor Announces Contract to Provide Pipe Coating Services for the GNEA Project in Argentina
GlobeNewswire - Wed Apr 22, 4:01PM CDT
ShawCor Ltd. (TSX:SCL) today announced that its pipe coating division has received two contracts for approximately US$55 million from Tenaris to provide three layer polyethylene anti-corrosion pipeline coatings for the first and second phase of the Argentina Northeast Gas Pipeline (GNEA) project.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Acquires Dhatec B.V.
GlobeNewswire - Mon Jan 05, 8:21AM CST
ShawCor Ltd. (TSX:SCL) announced today that it has completed the acquisition of Dhatec B.V. ("Dhatec" for an undisclosed amount. Dhatec is a Netherlands based company which designs, assembles and markets engineered pipe logistics products and services which mitigate damage and enhance safety and efficiency in the manufacturing, coating, handling, transportation, preservation and storage of pipe. Dhatec's estimated revenue in 2014 is approximately US$25 million.
SCL.TO: 32.10 (+0.07)
ShawCor Announces Expected Impairment Charge
GlobeNewswire - Mon Dec 22, 4:23PM CST
ShawCor Ltd. (TSX:SCL) announced today that it expects to incur an after tax impairment charge of up to approximately $80 million, relating to the goodwill and intangible assets of the Socotherm Gulf of Mexico coating facility in Channelview, Texas and the carrying value of Socotherm's 50% joint venture interest in Venezuela. The charge results from recently conducted annual impairment testing under IFRS of the carrying value of ShawCor's long lived assets. The final amount of this impairment charge is expected to be recorded in the fourth quarter.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Provides Update on the South Stream Offshore Pipeline Project
GlobeNewswire - Thu Dec 18, 4:01PM CST
ShawCor Ltd. (TSX:SCL) has previously announced that its Bredero Shaw pipe coating division has received contracts from Europipe GmbH and Marubeni Sumitomo Consortium with a combined value of approximately US$100 million for pipeline coating for Lines 1 and 2 of the South Stream Offshore Pipeline project; and that its Canusa-CPS division has received a contract with a value of approximately C$30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream project.
SCL.TO: 32.10 (+0.07)
ShawCor Announces Second Contract to Provide Pipe Coating Services for the Shah Deniz Stage 2 Project
GlobeNewswire - Tue Nov 18, 7:40AM CST
ShawCor Ltd. (TSX:SCL) today announced that its Bredero Shaw pipe coating division has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. The contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) plant in Baku.
SCL.TO: 32.10 (+0.07)
Shawcor Ltd. Acquires Lake Superior Consulting
GlobeNewswire - Tue Jan 05, 4:01PM CST
SHAWCOR LTD. (TSX:SCL) - announced today that it has acquired the units of Lake Superior Consulting, LLC ("Lake Superior"
for an undisclosed sum plus a potential earn out payment payable in 2016. Lake Superior is a Duluth, Minnesota based professional services firm, specializing in pipeline engineering and integrity management services to major pipeline operators. The business operates from facilities in Minnesota, Texas, Nebraska, Kansas and North Dakota, provides pipeline design, engineering, inspection and commissioning as well as integrity management services, and has estimated 2015 revenue of approximately US$45 million. The transaction is expected to be accretive to Shawcor's earnings per share within the next 12 months. SCL.TO: 32.10 (+0.07)
Shawcor Announces Appointment of New Chair
GlobeNewswire - Mon Dec 21, 10:13AM CST
SHAWCOR LTD. (TSX:SCL) - announced today that Mr. John F. (Jack) Petch, the Chair of the Company's Board of Directors, will retire from the Board effective as of the close of business on December 31, 2015.
SCL.TO: 32.10 (+0.07)
Shawcor Ltd. Acquires Flint Field Services' Tubular Inspection & Management and Global Poly Businesses
GlobeNewswire - Thu Nov 26, 1:49PM CST
SHAWCOR LTD. (TSX:SCL) announced today that it has completed the acquisition of the assets of the Tubular Inspection and Management ("TIM"
and Global Poly businesses operated by Flint Field Services Ltd. for C$35.5 million, subject to working capital adjustments. The TIM and Global Poly businesses operate from five owned and five leased facilities in Alberta, British Columbia and Saskatchewan and the TIM business is very similar to the tubular inspection and management business operated by Shawcor's Guardian division. The estimated revenue in 2015 of these acquired businesses is approximately C$46 million. The transaction is expected to be accretive to Shawcor's earnings per share within the next 12 months. SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Announces Third Quarter 2015 Results
GlobeNewswire - Thu Nov 05, 5:19PM CST
-- Third quarter revenue of $485 million increased by 22% from the $398 million reported in the second quarter of this year and was also marginally higher than the $470 million reported in the third quarter of 2014.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Announces Second Quarter 2015 Results
GlobeNewswire - Thu Aug 06, 4:01PM CDT
-- Second quarter revenue of $398 million was 10% lower than the $441 million reported in the second quarter of 2014. Revenue also decreased by 16% from the $472 million reported in the first quarter of 2015.
SCL.TO: 32.10 (+0.07)
Subsea Thermal Insulation Material Market by Type, by Application - Regional Trends & Forecast to 2019
PR Newswire - Tue Jul 21, 8:00AM CDT
The Subsea thermal insulation materials market is projected to register a CAGR of 4.80% between 2014 and 2019 to reach $142.30 million by 2019. Europe was estimated to hold the largest share in 2013 with the U.S. being the leading country. In the less explored markets of Middle East & Africa, and Latin America, a high growth is expected while the highly developed North American region is predicted to show lowest growth. Growth in the North American region is expected to be from the increasing focus on deeper drilling operations
ShawCor Provides Update on the South Stream Offshore Pipeline Project
Thomson Reuters ONE - Tue Jun 09, 8:13AM CDT
TORONTO, June 9, 2015 (GLOBE NEWSWIRE) -- ShawCor Ltd. (TSX:SCL) announced today that its Bredero Shaw pipe coating division has received notification from Europipe GmbH that the suspension of the work on its contract with Europipe for the concrete weight coating of Line 1 of the South Stream Pipeline has been lifted with immediate effect and that work on this contract is to be resumed.
SCL.TO: 32.10 (+0.07)
ShawCor Reports Voting Results From Annual General Meeting
GlobeNewswire - Fri May 15, 4:06PM CDT
ShawCor Ltd. (TSX:SCL) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held May 12, 2015 in Toronto, Ontario.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Announces First Quarter 2015 Results
GlobeNewswire - Tue May 12, 3:20PM CDT
-- First quarter revenue of $472 million was 2% lower than the $479 million reported in the first quarter of 2014. Revenue also decreased by 6% from the $500 million reported in the fourth quarter of 2014.
SCL.TO: 32.10 (+0.07)
ShawCor Announces Contract to Provide Pipe Coating Services for the GNEA Project in Argentina
GlobeNewswire - Wed Apr 22, 4:01PM CDT
ShawCor Ltd. (TSX:SCL) today announced that its pipe coating division has received two contracts for approximately US$55 million from Tenaris to provide three layer polyethylene anti-corrosion pipeline coatings for the first and second phase of the Argentina Northeast Gas Pipeline (GNEA) project.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Acquires Dhatec B.V.
GlobeNewswire - Mon Jan 05, 8:21AM CST
ShawCor Ltd. (TSX:SCL) announced today that it has completed the acquisition of Dhatec B.V. ("Dhatec"
for an undisclosed amount. Dhatec is a Netherlands based company which designs, assembles and markets engineered pipe logistics products and services which mitigate damage and enhance safety and efficiency in the manufacturing, coating, handling, transportation, preservation and storage of pipe. Dhatec's estimated revenue in 2014 is approximately US$25 million. SCL.TO: 32.10 (+0.07)
ShawCor Announces Expected Impairment Charge
GlobeNewswire - Mon Dec 22, 4:23PM CST
ShawCor Ltd. (TSX:SCL) announced today that it expects to incur an after tax impairment charge of up to approximately $80 million, relating to the goodwill and intangible assets of the Socotherm Gulf of Mexico coating facility in Channelview, Texas and the carrying value of Socotherm's 50% joint venture interest in Venezuela. The charge results from recently conducted annual impairment testing under IFRS of the carrying value of ShawCor's long lived assets. The final amount of this impairment charge is expected to be recorded in the fourth quarter.
SCL.TO: 32.10 (+0.07)
ShawCor Ltd. Provides Update on the South Stream Offshore Pipeline Project
GlobeNewswire - Thu Dec 18, 4:01PM CST
ShawCor Ltd. (TSX:SCL) has previously announced that its Bredero Shaw pipe coating division has received contracts from Europipe GmbH and Marubeni Sumitomo Consortium with a combined value of approximately US$100 million for pipeline coating for Lines 1 and 2 of the South Stream Offshore Pipeline project; and that its Canusa-CPS division has received a contract with a value of approximately C$30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream project.
SCL.TO: 32.10 (+0.07)
ShawCor Announces Second Contract to Provide Pipe Coating Services for the Shah Deniz Stage 2 Project
GlobeNewswire - Tue Nov 18, 7:40AM CST
ShawCor Ltd. (TSX:SCL) today announced that its Bredero Shaw pipe coating division has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. The contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) plant in Baku.
SCL.TO: 32.10 (+0.07)
