1.TMK Profile

TMK is one of the world’s leading producers and suppliers of steel pipe for the oil and gas industry. The Company’s shares are traded on the London Stock Exchange, Moscow Exchange and the OTCQX trading platform in the United States.

The Company was founded in 2001 and currently integrates about 30 production assets in Russia, the United States, Canada, Oman, Romania and Kazakhstan. TMK’s core business is the production and sales of seamless and welded pipe, including large diameter pipe, pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage and repairing.

30 production assets
in Russia, the United States, Canada, Oman, Romania and Kazakhstan
3,9 million tonnes
TMK’s pipe sales volume in 2015
80 countries
are consumers of TMK products

TMK consists of Russian pipe production sites: Volzhsky Pipe Plant, Seversky Tube Works, Sinarsky Pipe Plant and Taganrog Metallurgical Works; twelve production facilities in the United States and Canada, owned by TMK IPSCO; TMK-ARTROM and TMK-RESITA in Romania; and TMK GIPI in Oman. The Company also owns four oilfield service assets in Russia, incorporated in TMK Oilfield Services division, TMK-Kaztrubprom (Kazakhstan), and pipe servicing, oil and gas accessory production and well completion assets located in the U.S. In February 2015, to ensure a complete scrap supply cycle at TMK’s Russian facilities, the Company acquired a leading player in the Russian ferrous steel scrap market, ChermetServis-Snabzhenie (TMK CHERMET).

TMK’s two research centres, the Russian Research Institute for the Tube and Pipe Industries (RosNITI) in Chelyabinsk (Russia) and R&D centre in Houston (USA), are involved in new product design and development, experimental and validation testing, and advanced research. To foster innovation and boost its R&D potential the Company set up an R&D facility in the Skolkovo Innovation Centre (Russia).

Consolidation of production assets across the globe, scientific and engineering innovations, and a geographically diversified sales network have allowed the Company to create a modern vertically integrated industrial group manufacturing and supplying high-tech, competitive pipe products.

TMK’s unique production and service capabilities ensure supply to a wide range of customers and offer effective solutions to their operational challenges.

In 2015, TMK’s pipe sales totalled 3.9 million tonnes supplied to customers in over 80 countries.