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Aegion Receives Project of the Year for Infrastructure Projects

October 27, 2016

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Aegion Corporation (“Aegion” or the “Company”) (Nasdaq Global Select Market: AEGN) today announced that Trenchless Technology magazine has recognized two pipeline projects from Aegion’s Infrastructure Solutions platform in its 2016 annual awards for top trenchless pipeline construction projects in North America.

Aegion’s recently acquired Fusible PVC® pipe technology received top honors in the New Installation category while the InsituMain® cured-in-place pipe (“CIPP”) technology received Runner-Up honors in the Rehabilitation category.

In the New Installation category, more than 14,000 feet of Fusible PVC® pipe was used in two long distance horizontal directional drill (HDD) casing installations to house 230 kV power transmission lines beneath an environmentally sensitive area for a large southeast utility. Frank Firsching, President of Aegion’s Infrastructure Solutions platform, said, “This project set the record for our longest HDD installation of Fusible PVC® pipe to date, and tested the ingenuity of our engineering and operations teams to solve the unique technical and logistical challenges presented by twin 7,000 linear foot crossings under the intercoastal waterway. The successful completion of this project is the latest demonstration of the advantages of Fusible PVC® pipe in long distance HDD projects. It also demonstrates the benefits of non-metallic casings in underground power transmission applications.”

Aegion’s project that rehabilitated approximately 1,200 feet of a 12-inch pressure pipeline received recognition as Project of the Year Runner-Up in the Rehabilitation category. The next-generation InsituMain® CIPP product infused with specialized glass materials for increased structural stability was used on the project. Completion of the project required working with multiple government entities, general contractors and engineers during the planning phase and included installation during inclement weather in Colorado’s Eldorado Canyon State Park.

Charles R. Gordon, President and CEO of Aegion, said, “I am proud our Company has been recognized by Trenchless Technology for these two projects, which demonstrate the versatility of our technologies as well as the expertise of our sales, engineering and operations teams. Aegion acquired Underground Solutions’ Fusible PVC® pipe technology to not only strengthen our portfolio of pipeline rehabilitation technologies, primarily in pressure pipe applications, but also to add an experienced and dedicated sales force able to work with customers to promote our entire range of engineered solutions. These projects are examples of our commitment to work with customers to provide the best, long lasting solutions to meet their pipeline needs.”

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