ITF Inc. Canada, Concludes participation in Canadian Project (September 2002)

Interquisa Canada (Montreal), a subsidiary of CEPSA (Madrid, Spain), in collaboration with Societee Generale de Financement de Quebec)(SGF), is constructing Canada's first Purified Terephthalic Acid (PTA) plant in Montreal. Interquisa Canada, with the new plant that is expected to have a production capacity of 500,000 metric tons of PTA annually. PTA is a resin used in the production of plastics for the manufacture of textile fibres, plastic bottles, wires, etc. The Plant is expected to be in Operation early part of year 2003. The Engineering and Construction of the plant was awarded by Interquisa to the SNC Lavalin - Dragados Industrial Joint Venture.

ITF Inc. Canada, was created to attend the 5 Purchase Orders awarded: Carbon Steel Pipes and Fittings, Stainless Steel Pipe and Fittings, Titanium Pipe and Fittings, Special Bends Pipes, Hastelloy Material and Special Valves Order. The Carbon and Stainless Steel also included the implementation of ITF Inc (Cuñado Groups) "INTEGRAL SUPPLY SYSTEM" service. You can read more about this service in our WEB Page.