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. …
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, …