XL assessment seen boon for Welspun

Feb 11, 2014 | 02:12 PM | Thorsten Schier

Tags  Welspun Tubular, Little Rock plant, Keystone XL pipeline, National Association of Steel Pipe Distributors, Rusty Fisher, steel pipe, Thorsten Schier

NEW YORK — Approval of the final environmental assessment of TransCanada Corp.’s proposed Keystone XL pipeline should bode well for about 358 miles of 36-inch pipe still being stored at Welspun Tubular LLC in Little Rock, Ark., for the project, according to a senior executive.

A 30-day public comment period following the assessment will end March 7 (amm.com, Jan. 31).

"We got some good news (on Jan. 31) that the State Department’s environmental assessment has been approved and hopefully it (Keystone XL) will go. It should go," Rusty Fisher, Welspun Global Trade LLC’s senior vice president of sales and marketing for the Americas, said at the National Association of Steel Pipe Distributors’ annual convention in New Orleans.....

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