Ausenco acquires PSI.
5 February, 2008
Ausenco is pleased to announce the addition of Pipeline Systems Incorporated (PSI) to the Ausenco Group. PSI is a world leader in engineering and design of state-of-the art, long distance slurry pipeline systems and provides services to a diversified client base primarily in the iron ore, bauxite, and base metal sectors. Operating since 1979 and employing over 450 people, predominately in South America, PSI has a network of offices in the Brazil, Chile, Peru, United States, Canada, China and Australia.
The combination of the two businesses will allow the group to extend, grow and diversify its range of services whilst also further expanding into complementary geographic regions.
Visit http://www.pipesys.com for further information.
For media & investor enquiries & questions contact
Craig Allen, Chief Financial Officer on 61 7 3112 8200
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For business development enquiries contact
Stuart Ratcliffe, General Manager Business Development on 61 8 9223 1900
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Ausenco Limited, provides multi-disciplined engineering, procurement, project and construction management services to the mining, minerals and metal processing industry. The company participates in all phases of a project’s progression, from project scoping studies, process option/technical review assessments, feasibility studies utilised for project financing, through to project design, construction and commissioning. Ausenco’s group of companies also services companies through their operation and maintenance division, supplying key asset management and operational support. These services are applied to projects in a broad range of processing areas, both nationally and internationally.
