Sinarsky Pipe Plant, a TMK subsidiary, has launched production of a new type of boiler tube, commissioned by Krasny Kotelshchik Taganrog Boiler-Making Works, one of Russia’s largest manufacturers of power engineering equipment.
The 31.75 mm cold-drawn tube with 6.10 mm walls, produced to ASME SA-210/SA-210M international standard, will be used in the manufacture of equipment for the Long Phu 1 thermal power project in Vietnam. Krasny Kotelshchik Works is involved in the construction of the 1,200 MW thermal power project as part of Power Machines, a Saint Petersburg-based power engineering company.
Sinarsky Pipe Plant won the supply contract in a tender process which involved 12 leading Russian and foreign boiler tube producers. The new production is based at Sinarsky Pipe Plant’s tube drawing shop No. 2 and uses billets produced by Seversky Tube Works, which is also part of TMK. The customer’s representatives attended the acceptance tests of finished products at the plant. In April–May 2016, the plant supplied the first batch of 250 tonnes of tubular products to the customer. Shipment of the second batch is scheduled for June.
“The successful fulfillment of a challenging order and our ASME certificates demonstrate the high level of our advanced production capabilities and are yet another confirmation of TMK’s competitive edge in the global market,” said Vyecheslav Popkov, Managing Director of Sinarsky Pipe Plant. “The expansion of cooperation with Krasny Kotelshchik Works through the thermal power plant project in Vietnam will reinforce our position as a reliable supplier of cold-drawn boiler tube”.
TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipe for oil and gas industry, operating more than 30 production sites in the United States, Russia, Canada, Romania, Oman and Kazakhstan and two R&D centers in Russia and the USA. In 2015, TMK’s pipe shipments totaled 3.9 million metric tons. The largest share of TMK’s sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in over 80 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing. TMK’s securities are listed on the London Stock Exchange, the OTCQX International Premier trading platform in the U.S. and on the Moscow Exchange MICEX-RTS.
TMK’s assets structure by division:
|Ø Russian division:
· Volzhsky Pipe Plant;
· Seversky Tube Works;
· Taganrog Metallurgical Works;
· Sinarsky Pipe Plant;
· TMK-Premium Service;
· TMK Oilfield Services;
· TMK CHERMET.
Ø American division:
· 12 plants of TMK IPSCO;
· OFS International LLC;
· TMK Completions.
Ø European division:
Ø Middle East Division:
· TMK GIPI (Oman).