Chelyabinsk Pipe-Rolling Works has placed BO-001R-04 bonds in the amount of 10 billion rubles. The company intended to have 9-9.25% interest, but in the end it stood at 8.95%. Rosbank, BCS Global Markets, Raiffeisenbank, Renaissance Capital and Sovkombank have been the organizers of the placement. (Ukrainian metal)
The state-owned nanotechnology company Rusnano plans to sell its 49.89% stake in the Eterno facility, a white metallurgy joint venture with Chelyabinsk Pipe-Rolling Plant, or ChelPipe, for at least 4.72 billion rubles, Rusnano said in a statement on June 13. Preliminary bids are collected until July 5, the company plans to close the deal until…
Within the strategic cooperation with Transneft, Chelyabinsk Pipe-Rolling Works has modernized its machinery of large diameter pipe quality control. The investments totaled 244 million rubles. “Transneft is one of the key customers of ChTPZ. Taking into account their demands we have decided to modernize the machinery. The project has been carried out without stopping the…
In January-March Chelyabinsk Pipe Works received 608.2 million rubles of net losses against 2.4 billion rubles on net profits in Q1 2016. The group income dropped by 10% YoY, to 24.775 billion rubles. Sales profits decreased to 1.2 billion rubles from 4.3 billion rubles. (Ukrainian metal)
The Chelyabinsk Pipe Works seamless stainless pipes capacities exceed 25 thousand tons per year, with a wide product range. According to the ChTPZ market analysis and trade expansion department chief specialist Maria Semykina, in 5 years the group share in seamless stainless pipes output increased considerably: from 18% in 2012 to 35% in 2016. This…
In 2016 Chelyabinsk Pipe Works sold 1.735 million tons of pipes, down by 16% YoY. The group explains the decrease with the change in supply time to Gazprom and the drop of demand from the traditional pipe consumers. Local ChTPZ sales dropped by 20% YoY, to 1450 thousand tons, while exports grew by 31%, to…
The Chelyabinsk Pipe Plant has opened a book of inquiries for 7-year bonds in the volume of 5 billion rubles. The demand on behalf of 25 companies exceeded 8 billion rubles. According to the company statement, the bonds have an interest rate of 9.7%. The bonds will be placed on March 30, at the Moscow…
Under the current contract the ChTPZ Group will deliver an additional batch of pipes for the construction of the Nord Stream-2 gas pipeline. The company will supply 3.2 thousand tons of large diameter pipes (1153 mm) with the wall thickness of 41 mm, as well as 12 adapter pipes and 499 units of buckle arrestors.…