Amitech Argentina, a subsidiary of Saudi Arabian Amiantit Company has supplied approximately 100 kilometers of pipes for the Colorado River waterline flow project in La Pampa province of Argentina.
The total order was for 140 kilometers of pipes with diameters ranging from 900 to 1,200 millimeters. Amitech Argentina was the main supplier with 70 percent, worth over 78 million Saudi riyals ($20 million), while Petroplast supplied the remaining 30 percent of the pipes, which are already installed and in the process of hydrostatic testing. A consortium comprised of Techint and Skanska, the two largest construction companies in Argentina, are providing installation services for the project.
There are medium and long-term prospects of further contract awards in the Colorado River project. After the present phase is completed in August 2004 a second stage is planned that will extend the network to General Pico City, subject to Argentine government prioritizations, budget approvals, and contract negotiations.
The entire water consumption project consists of water intake from the Colorado River and a water treatment plant at Pichi Mahuida, five pumping stations along the waterline's route, and 1,030 kilometers of pipelines of which 400 kilometers are trunk lines. When completed, the network will supply potable water to 35 locations in La Pampa province, including its capital city Santa Rosa and other main cities with a total 500,000 inhabitants.
The Saudi Arabian Amiantit Company was established in 1968 at Dammam and is a joint stock company with a paid-up share capital of SR 700 million. Its shares are traded on the Saudi Stock Exchange. The prime activity of the company is to initiate and manage new industrial projects, and market its technologies and products. The company also monitors and controls the business of all the Amiantit Group subsidiaries through its corporate management office in Dammam, Saudi Arabia. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
