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 …
TMK: Becomes First Company in Russia to Bench Test Premium OCTG Connections to ISO Standards
TMK’s R&D facility at Skolkovo has become the first in Russia to run comprehensive bench tests of premium OCTG connections. The research took several months and was conducted to ISO standards to verify the performance of TMK UP CENTUM quick-assembly threaded connections. The tests marked the culmination of extensive efforts …
TMK Receives International Certificate for New Types of Premium Tubular Services
TMK’s corporate management system has successfully passed another recertification audit for conformity with international standards (ISO 9001, EN ISO 9001, BS EN ISO 9001). The new certificate has been issued for three years and additionally extended to premium product supervision services in oil and gas fields. UK-based Lloyd’s Register Quality …
TMK to Expand Cooperation with Uzbekistan’s Oil and Gas Companies
TMK has reached an agreement on expanding cooperation with the largest oil and gas company in Uzbekistan – JSC Uzbekneftegaz. The parties are discussing joint projects aimed at the development of the oil and gas industry in the Republic of Uzbekistan, as well as research and technical cooperation. The agreement was …
TMK-Kaztrubprom Received an Award from the National Chamber of Entrepreneurs of Kazakhstan
TMK-Kaztrubprom, a member of the Pipe Metallurgical Company (TMK), has become a laureate of the prestigious annual ICKEP award, which is presented by the Atameken National Chamber of Entrepreneurs of the Republic of Kazakhstan. The award recognizes businesses from a variety of industries and is designed to celebrate success in …