24th Oct 2008 11:11
October 24, 2008 PRESS RELEASE
New Casing Finishing Line Commissioned at Volzhsky Pipe Plant
TMK announces today that a new 200,000 tpa finishing line for casing pipes was successfully commissioned at its Volzhsky Pipe Plant. The installation of the new finishing line is part of TMK's Strategic Investment Programme, running up to 2012. Volzhsky Pipe Plant's seamless facilities will be upgraded with the installation of a new 340,000 tpa heat treatment line and a production line with integrated phosphatising for casing couplings. Additionally, the hot rolling equipment will be upgraded and modified to allow the use of round billets, increasing its capacity to 720,000 tonnes of pipes per year.
TMK (www.tmk-group.com)
TMK (LSE: TMKS) is the largest pipe producer in Russia and one of the three global market leaders.
In 2007, TMK shipped over 3 million tonnes of pipes. TMK supplies to companies in more than 60 countries.
TMK production facilities are located in Russia, the United States, Romania and Kazakhstan
Volzhsky Pipe Plant
Seversky Tube Works
Taganrog Metallurgical Works
Sinarsky Pipe Plant
TMK IPSCO
TMK-Resita SA
TMK-Artrom SA
TMK-Kaztrubprom
TMK Oilfield Services
TMK-Premium Service
For further information please contact:
TMK IR Department
Alexei Ratnikov
Tel: +7 495 775 7600 ext. 2078
Email: [email protected]
TMK PR Department
Alexey Sotskov
Tel: +7 495 775 7600 ext. 2125
Email: [email protected]
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