ShawCor announces $13.8 million pipe coating capacity addition in Regina, Saskatchewan



    (TSX: SCL.A, SCL.B)

    TORONTO, Sept. 13 /CNW/ - ShawCor Ltd. (TSX: SCL.A, SCL.B) announced
today that its subsidiary, Shaw Pipe Protection Ltd., will invest $13.8
million in additional FBE pipe coating capacity for the Western Canadian
Sedimentary Basin (WCSB). This investment is in addition to the previously
announced facility expansions in Camrose, Alberta.
    The additional coating capacity will be added to the Shaw Pipe Regina
pipe coating facility which will be upgraded to provide advanced FBE
technology for small and large diameter pipe. The investment will ensure
continued high service levels to Canadian customers including IPSCO Inc.,
which recently announced a significant expansion and Enbridge Pipelines Inc.,
which has a long-term supply arrangement with Shaw Pipe. The added capacity
will be in-service by the end of the third quarter of 2008
    Shaw Pipe operates a network of six advanced pipe coating facilities that
service the needs of the WCSB and has an extensive track record of providing
North American customers with the highest levels of quality, capacity and
safety. This new expansion will ensure that these service levels are
maintained and enhanced.

    ShawCor Ltd. is an energy services company specializing in products and
services for the pipeline and pipe services and the petrochemical and
industrial segments of the oil and gas industry. The company operates through
six divisions with over sixty manufacturing and service facilities located
around the world. Shaw Pipe Protection Ltd., is a wholly owned unit of Bredero
Shaw, ShawCor's largest division. Bredero Shaw is the global leader in pipe
coating solutions and employs approximately 4,000 permanent and contract
personnel located at offices and facilities in fifteen countries. The division
provides specialized coating systems and related services for corrosion
protection, insulation and weight coating applications on land and marine
pipelines including highly engineered corrosion and insulation systems for
deepwater applications.

    This news release contains forward-looking information within the meaning
of applicable securities laws. Words such as "may", "will", "should",
"anticipate", "plan", "expect", "believe", "predict", "estimate", and similar
terminology are used to identify forward-looking information. This forward
looking information is based on assumptions, estimates and analysis made in
light of the company's experience and its perception of trends, current
conditions and expected developments, as well as other factors that are
believed by the company to be reasonable and relevant in the circumstances.
Forward-looking information involves known and unknown risks, uncertainties
and other factors which may cause actual results, performance or achievements
to be materially different from those predicted, expressed or implied by the
forward-looking information. The risks and uncertainties include, among other
things, changes in global economic activity and changes in energy supply and
demand which impact on the level of drilling activity and pipeline
construction; political, economic and other risks arising from international
operations; compliance with environmental, trade and other laws; liability
claims; fluctuations in foreign exchange rates and fluctuations in raw
material prices, as well as other risks and uncertainties that are more fully
described in the company's Annual Information Form, annual and quarterly
reports and in other reports and filings made with securities regulatory
authorities and available at www.sedar.com.





For further information:

For further information: ShawCor Ltd., Gary Love, Vice President,
Finance and CFO, Tel: (416) 744-5818, E-mail: glove@shawcor.com, Website:
www.shawcor.com

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ShawCor Ltd.

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