Aegion Corporation Awarded Two-Year, $5 Million (USD) Wastewater Rehabilitation Contract in Western Canada

ST. LOUIS, Sept. 30, 2020 (GLOBE NEWSWIRE) — Aegion Corporation (NASDAQ:AEGN) today announced that its subsidiary, Insituform Technologies, has been awarded a two-year, $5 million (USD) contract to rehabilitate aging wastewater pipelines in Western Canada.

Insituform will rehabilitate more than 80,000 linear feet—the equivalent of more than 15 miles—of sanitary wastewater lines utilizing trenchless technology—also known as “no-dig”—rehabilitation that reduces overall project costs and minimizes disruptions to residents. The project will consist of installation of a mix of small-, medium- and large-diameter cured-in-place pipe (CIPP) on wastewater pipelines, including full bypass.

The project began this summer and is expected to conclude in late 2021.

About Aegion Corporation (NASDAQ: AEGN)
Aegion combines innovative technologies with market-leading expertise to maintain, rehabilitate and strengthen infrastructure around the world. Since 1971, the Company has played a pioneering role in finding transformational solutions to rehabilitate aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries. Aegion also maintains the efficient operation of refineries and other industrial facilities. Aegion is committed to Stronger. Safer. Infrastructure®.