Canadian Pacific Railway moving IPSCO pipe to major gas pipeline project in United States
02 Luglio 2004 - 4:00PM
PR Newswire (US)
Canadian Pacific Railway moving IPSCO pipe to major gas pipeline
project in United States CALGARY, July 2 /PRNewswire-FirstCall/ --
Canadian Pacific Railway (TSX/NYSE: CP) is moving up to 1,800 loads
of large diameter transmission-line pipe from IPSCO Inc. in Regina
to five destinations in Colorado and Kansas. IPSCO is supplying
pipe for a 380-mile Cheyenne Plains natural gas pipeline between
Cheyenne, Wyoming and Greensburg, Kansas. The project is considered
the largest Grade X-80 pipeline ever constructed in North America.
"Canadian Pacific Railway is extremely pleased we were successful
at providing IPSCO the support it needed to ensure it can get
product to the various U.S. destinations from its Regina mill. This
is another example of how rail provides business solutions," said
Ray Foot, CPR Vice President of Marketing and Sales Merchandise.
"It is imperative to be agile and responsive in this competitive
marketplace. We were able to take on this extensive project,
because of our ongoing investments in track maintenance, new
locomotives and freight cars." The project consists of transporting
36-inch spiral pipe representing about 143,000 tons. The rail
delivery, which is scheduled to be completed by the end of August,
2004, has consisted of up to 105-flat cars a week traveling in
stages to the following destinations: Carr, Colorado; Fort Morgan,
Colorado; Burlington, Colorado; Goodland, Kansas; and Scott City,
Kansas. The gas pipeline - being built by a subsidiary of
Houston-based El Paso Corporation - will connect gas fields in the
Rocky Mountains to markets in the mid-continent by early 2005.
About Canadian Pacific Railway Canadian Pacific Railway is a
transcontinental carrier operating in Canada and the U.S. Its
14,000-mile rail network serves the principal centres of Canada,
from Montreal to Vancouver, and the U.S. Northeast and Midwest
regions. CPR feeds directly into America's heartland from the East
and West coasts. Alliances with other carriers extend its market
reach throughout the U.S. and into Mexico. Canadian Pacific
Logistics Solutions provides logistics and supply chain expertise
worldwide. About IPSCO Inc. IPSCO operates steel mills at three
locations and pipe mills at six locations in Canada and the United
States. As a low cost North American steel producer, IPSCO has a
combined annual steel making capacity of 3,500,000 tons. The
Company's tubular facilities produce a wide range of tubular
products including line pipe, oil and gas well casing and tubing,
standard pipe and hollow structurals, for a combined annual
capacity of 1,725,000 tons. Photo Editors - High-resolution photos
of IPSCO pipe being loaded on CPR rail cars are posted at:
//www8.cpr.ca/English/Media/News/General/2004/Ipsco.htm DATASOURCE:
Canadian Pacific Railway CONTACT: Media, Ed Greenberg, (403)
319-3686, (403) 540-8106 (cell), email: , http://www.cpr.ca/;
Investment Community, Paul Bell, Vice-President - Investor
Relations, (403) 319-3591, email:
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