(TSX: SCL.A, SCL.B) TORONTO, July 24 /CNW/ - ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced that its subsidiaries, Shaw Pipe Protection Limited and ShawCor Pipe Protection, LLC, have received a contract from Oregon Steel Mills, Inc. to provide anti-corrosion and internal flow efficiency coatings for a significant portion of the Kinder Morgan Rockies Express Pipeline Project, a venture of Kinder Morgan Energy Partners, Sempra Pipelines and Storage and ConocoPhillips. Approximately 4.1 million feet (1,230 km) of 42 inch pipe for the initial phase of this project will be coated with fusion bonded epoxy (FBE) and SureFlo FEC internal flow efficiency coatings at Shaw Pipe Protection's Camrose, Alberta facility and ShawCor Pipe Protection's Portland, Oregon facility. This large diameter 2,682 km pipeline will transmit natural gas from gas fields in Colorado and Wyoming to consumers in the Midwest and the Eastern United States. ShawCor Pipe Protection's Portland facility is under construction adjacent to Oregon Steel Mill's new large diameter pipe manufacturing facility, which is currently nearing completion. This new pipe coating plant is designed to apply FBE on pipe up to 60" in diameter. In addition to FBE, the facility will apply SureFlo FEC internal flow efficiency coatings that are used to improve the flow efficiency of natural gas in pipelines. Shaw Pipe Protections's Camrose facility offers state of the art pipe coating products including FBE and High Performance Composite Coating (HPCC) for pipe up to 48" in diameter. ShawCor Ltd. is a growth-oriented, global energy services company that operates through six divisions which focus on technology-based products and services for the pipeline, pipe services, petrochemical and industrial markets with manufacturing and service facilities located in over twenty countries worldwide. Shaw Pipe Protection and ShawCor Pipe Protection are part of Bredero Shaw, ShawCor's largest division, which is the global leader in pipe coating solutions and employs approximately 4,000 permanent and contract personnel located at offices and facilities around the world. 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. It 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 current Annual Information Form, annual and quarterly reports and in other reports and filings made with securities regulatory authorities and available at www.sedar.com.

