IPSCO Inc. announced an investment of $3.5 million to set up a research unit dedicated to accelerating development of the company's large diameter capability for energy transmission lines. In addition, research work will take place related to other energy tubular products such as casing and tubing for frontier environments and other advanced energy sector steel products. The Frontier Research Unit is expected to maintain a $3 million annual operating budget.
“It is our goal to remain at the forefront of technology to enable the company to supply the complex specialty grade steel and pipe required for large pipeline projects, with a specific emphasis on Northern environments such as the proposed MacKenzie Valley,” said Joe Russo, senior vice president and chief technical officer.