Mattr Receives Purchase Order Over $50 Million for Brazilian Pipe Coating Project

Source: 12/22/2023, Location: South America

Shawcor Ltd., dba Mattr Infratech (“Mattr” or the “Company”) announced its Brazilian pipe coating facility has received a purchase order for the provision of thermal insulation coating for an offshore project in Brazil. The purchase order is valued over $50 million and will be executed from the Company’s Serra, Brazil facility in the first half of 2026.

“While it is unlikely we will own the Brazilian facility while this project is underway, this award demonstrates the facility’s strong reputation in the Brazilian market,” said Mike Reeves, Mattr’s President and CEO. “The facility will execute on its robust backlog in the coming quarters, while continuing to build on that backlog into 2026.”

Gulf Oil and Gas
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