TMK Announces Key Appointments in the Company Following the Acquisition of ChTPZ
Pipe Metallurgical Company (TMK) announced the appointment of a number of key executives following the acquisition of an 86.54% stake in PJSC ChTPZ. General Director of TMK Igor Korytko became the General Director of PJSC Chelyabinsk Pipe-Rolling Plant (ChTPZ) and JSC Pervouralsk Novotrubny Plant (PNTZ). Boris Kovalenkov, who previously held the …
TMK Will Take Part in the GOSZAKAZ Exhibition
Pipe Metallurgical Company (TMK) will present high-tech pipe solutions at the 16th All-Russian Forum and Exhibition GOSZAKAZ. The TMK stand will display samples of TMK UP premium threaded pipe connections designed for hydrocarbon production in difficult operating conditions. Visitors to the exhibition will also be able to familiarize themselves with …
Gazprom and TMK Discussed Cooperation Between the Companies After the Merger of TMK and ChTPZ
A working meeting between Alexey Miller , Chairman of the Gazprom Management Committee and Dmitry Pumpyansky, Chairman of the Board of Directors of Pipe Metallurgical Company (TMK), took place in St. Petersburg today . During the meeting, Dmitry Pumpyansky told Alexey Miller about the results of the transaction for TMK’s acquisition of a number of …
TMK: Announces the Completion of the Transaction for the Acquisition of 86.54% of Shares in PJSC “ChTPZ” from the Controlling Shareholder Andrey Komarov
The perimeter of the transaction included production and sales and service assets, scrap procurement and processing, as well as other assets related to the activities of the pipeline division of PJSC ChTPZ. The Rimera Group’s oilfield services division was not included in the deal. TMK expects to obtain significant synergies, …
TMK-Kaztrubprom Won the Competition for Social Responsibility of Business in Kazakhstan
A subsidiary of the Pipe Metallurgical Company (TMK) in Kazakhstan, TMK-Kaztrubprom, became a laureate of the Paryz competition for social responsibility of business in the nomination “The best enterprise in the field of labor protection”. The diploma was presented at a meeting of the city trilateral commission on social partnership …
TMK: Signs Acquisition Deal with PJSC ‘ChelPipe’ Controlling Shareholder Andrey Komarov
PJSC “TMK” and the controlling shareholder of PJSC “ChelPipe”, Andrei Komarov, announce the deal for the acquisition of 86.54% of shares in PJSC “ChelPipe” by PJSC “TMK”. All necessary approvals, including the approval of Russia’s Federal Antimonopoly Service, have been received. “Today’s event is another step in the implementation of …
TMK Starts Shipping Pipes for Uzbekneftegaz Under an Annual Contract
Pipe Metallurgical Company (TMK) has started shipping pipe products for Uzbekneftegaz JSC under an annual contract. More than 9 thousand tons of pipes have already been delivered to the partners. The annual contract with Uzbekneftegaz JSC was signed following the results of bilateral negotiations in December 2020 at the Embassy …
TMK Announces FY 2020 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2020. FY 2020 Highlights Financial – FY Revenue down 28% year-on-year at RUB 222.6 billion, largely reflecting the disposal …
TMK Supplies Pipes to Transport Gas from the UAE’s New Field
TMK has supplied seamless steel pipes to the Sharjah National Oil Corporation (SNOC) to transport Mahani Gas production to SNOC Sajaa Gas Plant in Sharjah, UAE. The shipment totaled over 5 thousand tonnes. The 16” (406.4 mm) pipe produced at TMK’s Volzhsky Pipe Plant is intended for use in aggressive …
TMK Signs Long-Term Agreement to Buy Pipe Billets from EVRAZ
TMK has agreed to buy billets for seamless pipes from EVRAZ in 2021–2022. Over these two years, TMK will purchase over 160 thousand tonnes of rolled pipe billets using formula pricing. The billets will mainly be supplied to TMK’s Sinarsky Pipe Plant. “The new two-year agreement further contributes to the strong …