Fresh Paint
Jotun Saudia secures KAFD project
Jotun Paints will provide a large volume of coatings for the KAFD project in Saudia
Arabia. The company will use its Fenomastic range for interiors and the Jotashield
range for the exteriors.
In Riyadh, the capital city of Saudi
Arabia, The Public Pension Agency is
building the King Abdullah Financial
District (KAFD)—designed to become
the largest financial center in the
Middle East—covering an area of 1.6
million square meters.
KAFD will house a large community
of professionals working within the
financial sector and related industries,
hosting the headquarters of the Capital
Market Authority (CMA), the Stock
Exchange (Tadawul), the Commodity
Market, banks, financial institutions and
other service providers. The district will
be located south of Riyadh, and is set to
turn the country into a major center for
financial services on a global level.
The development area will also be
home to hotels, shops, recreational
facilities, waterways, squares, parks,
sports arenas, restaurants, a financial academy for 5,000 students and
six mosques including a Grand
Mosque. The transportation within
the development will be via a monorail system and skywalk bridges.
Jotun Paints’ will provide coatings
for the construction of 30 buildings,
the World Trade Center, and the GCC
Central Bank Tower with the
Fenomastic range for interiors, and
the Jotashield range for the exteriors.
Jotun Paints also secured approvals
to paint floors with its range of sol-vent-free Jotafloor coatings. The ongoing construction is estimated to paint
an area of three million square
meters, which is scheduled for completion at the end of 2013.
Beside the Princess Nora University
(PNBU) for Women, the KAFD in
Riyadh remains one of the biggest
achievements for Jotun’s decorative
project sales team in Riyadh till date.
Hill International is the project
manager, while Omrania & Associates
and Gensler & Associates are the project consultants. Saudi Binladin was
awarded the $3.7 billion design and
build contract (DB) for the construction of 30 buildings, the World Trade
Center and the GCC Central Bank
Tower. Saudi Oger and El Seif are the
two other contractors who are a part
of this development.
SHAWCOR TO PROVIDE
PIPE COATINGS FOR THE
LAGGAN-TORMORE PROJECT
Bredero Shaw, the pipe coating division
of ShawCor Ltd., has received a contract
with a value in excess of $90 million
from Corus UK Limited to provide
pipeline coatings for the Total E&P UK
Ltd. Laggan-Tormore project. Laggan-Tormore is an offshore gas field, which
lies 125 km north-west of the Shetland
Islands in water depths of up to 600
meters. The work will be executed at the
Bredero Shaw pipe coating facility in
Leith, Scotland. This contract involves
coating approximately 298 km of 18”
and 241 km of 30” pipe that will be pro-