Allegheny Technologies Incorporated wins $45M supply contract for deepwater pipeline

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Pittsburgh-based Allegheny Technologies Incorporated (ATI) recently announced that it won a contract to provide nickel-based flat rolled products for a large oil pipeline project in South America.

“ATI’s differentiated products will help to facilitate increased energy production in the region,” Jeff Thompson, ATI’s vice president of sales for Flat Rolled Products (FRP), said. “Our customer chose ATI due to our unbeatable combination of the shortest industry lead times, high quality products, and our unique material properties.

Shipments are expected to begin in second quarter 2019 and are scheduled to be completed by the end of the year. Revenue to the ATI Flat Rolled Products (FRP) segment is expected to be approximately $45 million.

“ATI delivers a highly competitive solution to our customers through the use of differentiated continuous coil instead of discrete plate for this application,” Thompson said. “The unparalleled reduction power and gauge control of the Hot-Rolling and Processing Facility (HRPF) makes this possible. It also enables tighter tolerances and gauge controls that, combined with ATI’s specialized melt technology, enable us to produce materials with proven corrosion resistance in the demanding subsea oil production environment.”