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COD Compagnie De Saint-gobain

78.10
-0.30 (-0.38%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Compagnie De Saint-gobain LSE:COD London Ordinary Share FR0000125007 COMPAGNIE DE ST-GOBAIN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30 -0.38% 78.10 74.65 81.95 57,264 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 47.94B 2.67B - N/A 40.16B

Re Contract

26/07/2002 8:31am

UK Regulatory


    RNS Number:1508Z
Compagnie de Saint-Gobain
25 July 2002


                   SAINT-GOBAIN PAM SECURES A MAJOR CONTRACT 
                          FOR A DUCTILE-IRON PIPELINE

Saint-Gobain Pam, the flagship company of Saint-Gobain's Pipe Division, has
signed a contract to supply Japan's Marubeni Corporation with equipment to
build
a drinking-water pipeline for the Abu Dhabi Water and Electricity Authorities.
The pipeline will link the Shuweihat desalination plant with Abu Dhabi.

This contract, worth approximately $300 million, represents a total of about
410,000 metric tons of pipes. It is the largest ductile-iron pipe contract
ever
signed by any company in the world.

The 460 kms of pipes will include both standard and flanged pipes, as well as
high-technology polyurethane-coated PUX pipes. They will be delivered in
installments over the course of 20 months.

This contract confirms Saint-Gobain's position as world leader in the field of
equipment for drinking-water networks, an area with vast development potential
for the coming years.

Saint-Gobain's Pipe Division employs 8,000 people worldwide and had 2001 sales
of Euro 1,400 million.


Investor Relations Department

Florence TRIOU-TEIXEIRA           - mailto : florence.triou@saint-gobain.com 
Claire MOSES  + 33 1 47 62 32 36  - mailto : claire.moses @ saint-gobain.com
                                    Fax : +33 1 47 62 50 62

                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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