Russia: ChTPZ decreases sales in May 2018

In May Chelyabinsk Pipe Rolling Plant decreased railroad sales by 1.9% YoY and by 10% MoM, to 101.5 thousand tons. In January-May sales grew by 23.2%, to 560.8 thousand tons, with deliveries to domestic customers up by 53.2%, to 450.6 thousand tons, while exports dropped by 31.6%, to 110.2 thousand tons. In April ChTPZ increased…

Russia: ChTPZ to supply LDP for Gazprom strategic projects

Gazprom chairman Alexei Miller and Chelyabinsk Pipe Works chairman Andrei Komarov discussed cooperation.

In particular, they spoke of the large diameter pipe supplies.

They also discussed development of pipes for sea deposits and new types of joints.

The companies have a program of cooperation in 2015-2020. (Ukrainian metal)

Russia: ChTPZ and SAP to cooperate

During the St. Petersburg International Economic Forum, ChtPZ Group and SAP CIS have concluded a memorandum of cooperation in digital transformation. According to the document, in 2018-2025 ChTPZ plans to unify and increase efficiency of its business processes with the help of a unified system on the basis of SAP S/4HANA. “Digital transformation is a…

Russia: ChTPZ rebrands OCTG thread joints

ChTPZ has carried out rebranding of its pipes with premium thread joints. Now on the Russian market these products will be represented under a combined name of ChTPZ Prime, and on the foreign market – Chelpipe Prime. “The rebranding is a part of the company strategy to develop and promote new types of products. Under…

Russia: ChTPZ scrap sales down in 2017

In 2017 the Meta Group of Companies, a part of ChTPZ, sold 1.32 million tons of scrap, down by 2.5% YoY, including 829 thousand tons of its own procurement, up by 69 thousand tons, and 491 thousand tons of transit scrap. Among the group participants the sales growth leaders were Vtorchermet (+30.7 thousand tons), Meta-Chelyabinsk…

Russia: ChTPZ ships LDP to Uzbekistan

ChTPZ has supplied some 6 thousand tons of large diameter pipes to Uzbekistan. The customer was Enter Engineering, one of the leaders of the Central Asia oil and gas construction market. The pipes with the diameter of 1020 mm and the wall thickness of 10 mm and outer three-layer corrosion-resistant coating were made of K52…

Russia: ChTPZ and Gazprom discuss cooperation

St Petersburg hosted a meeting of the Gazprom chairman Alexei Miller and ChTPZ chairman Andrei Komarov. The parties discussed issues of pipe deliveries. Issues of price formation for 2018 under new market conditions have also been reviewed. In 2017 ChTPZ supplied over 560 thousand tons of pipes for the construction of Nord Stream-2 and Sila…

Russia: ChTPZ sees losses in January-September 2017

In January-September Chelyabinsk Pipe Rolling Works received 825.92 million rubles of net losses as opposed to 3.529 billion rubles of net profit in 9 months of 2016. According to the company statement, its earnings increased by 7.4%, to 78.686 billion rubles, sales profits dropped from 9.784 billion rubles to 4.75 billion rubles, gross profit –…

Russia: new ChTPZ pipe division CEO appointed

Boris Kovalenkov, the head of the Rimera Group of Companies, has been appointed CEO of the ChTPZ group pipe division. The corresponding decision has been taken by the group board of directors. From October 16, Kovalenkov is responsible for the management of the pipe division, the improvement of its efficiency, as well as financial and…

Russia: ChTPZ earnings up in H1 2017

In January-June ChTPZ Group received 72.566 billion rubles, up by 6% YoY. Gross profit decreased by 21%, to 17.297 billion rubles, EBITDA – 11.001 billion rubles. In H1 the group profits totaled 2.101 billion rubles (5.81 billion rubles in H1 2016). In January the group was able to refinance its consortium loan of 75.689 billion…

Russia: ChTPZ modernizing oil pipe manufacture

The ChTPZ Group has started modernizing its oil pipe manufacture. Investments total 200 million rubles. The machinery modernization will allow the group to double its OCTG output with premium joints. The program will have been carried out by the end of Q1 2018. “This investment project will allow ChTPZ to improve quality and increase output.…

Russia: ChTPZ to supply pipes to Georgia

ChTPZ Group will supply some 400 tons of steel pipes and over 25 tons of offsets to the Georgian Gas Transportation Company. The batch will include large diameter welded pipes, as well as seamless hot- and cold-deformed pipes and 60 types of offsets. All the products will be supplied in July. The pipes will be…

Russia: ChTPZ and Siemens announce strategic partnership

ChTPZ Group and Siemens have concluded an agreement on strategic partnership for 5 years. The document has been signed by ChTPZ pipe division CEO Alexander Grubman and Siemens president Dietrich Moeller. The agreement presupposes joint realization of projects of industrial automatization and implementation of complex energy efficient solutions at ChTPZ. One of the main issues…