News and Announcements
Revolutionary “No Joints” Composite Pipe Developer Set to Change Fluid-Transporation World-Wide
- Published February 27, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The company’s revolutionary technology is set to improve fluid distribution globally: – water, gas, oil, slurry; with a product that is more efficient, faster to install, cost effective, sustainable (lowest CO2 to produce), safe and reliable.
Long Pipes already has shareholders in Europe, Asia, and Australia, and is currently building capability with local modest sized projects before addressing the highly profitable $12Bn/yr global market.
The company is currently raising the final AUD$2m for this Round. The funds will allow Long Pipes to progress the commercialisation and expansion stages of the business.
Latest News & Announcements:
- Previously secured $3M for technology development and in-field trials
- Achieved previous milestones to move the company into commercialisation and the API Certification Process
- World’s first continuous pipe, tested, installed, in network, for Harvey Water, 140kms south of Perth.
- In November 2016 awarded:-
- People’s Choice Award, with an audience of 220 people including representatives from the Australian Government, the UK Government, Investment institutions, banks and private investors.
- The Energy Resources Award, from the Oil, Gas, Coal and Uranium Industry; was awarded by the General Manager, Jill Stejduhar, from National Energy Resources Australia (NERA).
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