AEGN - Aegion receives new contract for water pipelines rehabilitation

Aegion's ([[AEGN]] +1.9%) subsidiary Insituform Technologies is awarded contract to rehabilitate more than 7,000 linear feet of pressurized water pipelines in maintenance tunnels under a tunnel roadway in Portsmouth, Virginia.The project will utilize the Aegion’s trenchless technology and its new proprietary technology Thermopipe; It is expected to begin this fall and conclude by the end of 2021."We will continue to leverage our comprehensive offering of more than a dozen trenchless lining solutions to serve the growing needs of the aging water and wastewater market,” says Aegion’s President and CEO Charles R. Gordon.

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Aegion receives new contract for water pipelines rehabilitation