TMK and Rosneft Discuss Partnership to Introduce Innovations in Oil Production
Pipe Metallurgical Company (TMK) and PJSC NK Rosneft discussed scientific and technical cooperation within the framework of the technological day on pipe products, which TMK held at its R&D center in Skolkovo. The parties summed up the results of the implemented projects and outlined areas of joint work to create and …
TMK Made a Profit of Half a Billion Rubles from the Implementation of Digital Twins
The Pipe Metallurgical Company (TMK) received about half a billion rubles of additional profit from the implementation of digital twins of rolling mills at the Volzhsky (VTZ) and Seversky (STZ) pipe plants. The economic effect was achieved by improving the quality of pipe products, producing pipes from new steel grades and …
TMK Celebrates 20 Years at the Peak of High Technology
Pipe Metallurgical Company (TMK) celebrated the 20th anniversary of its foundation on April 17, 2021. In honor of the anniversary, TMK’s regions of presence hosted ceremonial meetings with the participation of company and regional management, corporate events for employees of the enterprises and environmental campaigns. TMK was founded in 2001. In 2002, …
TMK Took Part in an Environmental Campaign as Part of the All-Russian Subbotnik
The Seversky Pipe Plant (STZ), part of the Pipe Metallurgical Company (TMK), took part in a regional environmental campaign timed to coincide with the All-Russian Subbotnik. The event, organized jointly with the All-Russian Society for Nature Conservation, took place in the town of Polevskoy and coincided with the celebration of …
TMK Sent Shareholders of PJSC “ChTPZ” an Offer to Buy Out their Share of Shares
Pipe Metallurgical Company (TMK) has sent a proposal to the minority shareholders of PJSC ChTPZ to buy out their share of shares. The mandatory offer was sent in accordance with the requirements of the legislation in connection with the acquisition of 86.54% of shares in PJSC ChTPZ by TMK in …
TMK Announces that Expert RA Rating Agency (Expert RA JSC) has Raised TMK’s National Scale Credit Rating to ruA + with a Stable Outlook
JSC “Expert RA” notes that after the closing of the transaction for the acquisition of 86.54% of shares in PJSC “ChTPZ” TMK will strengthen its market and competitive positions. The agency believes that the deal will lead to some increase in TMK’s debt burden, but at the same time it …
TMK Announces Completion of Transaction for Acquisition of 86.54% of Shares in PJSC “ChelPipe” from Controlling Shareholder Andrey Komarov
The scope of the transaction includes production, sales and service assets, scrap procurement and processing, and other assets related to the activities of the pipe and pipeline division of PJSC “ChelPipe”. The oil services division Rimera Group was not included in the deal. TMK expects new synergy from the deal, …
ChelPipe Introduced Gas Cleaning Equipment with a Purification Rate of 99.9%
Chelyabinsk Pipe-Rolling Plant (ChTPZ), part of the Pipe Metallurgical Company (TMK), has implemented the first stage of the project for the implementation and reconstruction of gas cleaning equipment. A new unit was put into operation at the enterprise, which allows cleaning up to six million cubic meters of polluted air annually …
TMK Takes Fourth Place at the steelChallenge World Championship of Steelmakers
The Pipe Metallurgical Company (TMK) took fourth place in the steelChallenge, an online world championship of steelmakers, which is held annually by the World Steel Association. This year the competition was held for the 15th time. TMK has been taking part in it for the second year in a row and …
TMK launches the PipeIndustryTech track in cooperation with the Moscow Innovation Agency
The acceptance of applications for participation in the new track of the “Moscow Accelerator” program PipeIndustryTech has started, the partner of which is the Pipe Metallurgical Company (TMK). The project is being implemented by the Moscow Innovation Agency with the support of the Moscow Department of Entrepreneurship and Innovative Development. …