21 Aug 2008 08:55
21 August 2008 PRESS RELEASE
TMK-Kaztrubprom Shipments
TMK announces that its TMK-Kaztrubprom subsidiary began shipments of oil country tubular goods (OCTG). TMK-Kaztrubprom shipped 240 tonnes of tubing pipe with couplings.
Kaztrubprom joined TMK in June 2008 and specialises in the threading and finishing of tubing and casing pipes used in the oil and gas industry. The company's production capacity is 60 thousand tonnes of pipes per year.
"Having production capacity in Kazakhstan allows us to increase the Company's output of high-technology tubular goods and strengthen TMK's position in the promising Central Asian energy markets, where the oil and gas sector is actively being developed" , said TMK CEO, Konstantin Semerikov.
TMK (www.tmk-group.com)
Founded in 2001, 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: IR@tmk-group.com
TMK PR Department
Alexey Sotskov
Tel: +7 495 775 7600 ext. 2125
Email: PR@tmk-group.com