Chelyabinsk Pipe-Rolling Works has purchased a part of its own shares in order to decrease its statutory fund. The price of the buyback was 114.42 rubles per share. The total number of shares reached 166,666,132. The company has to pay for the shares not later than on May 21. The seller was Pervouralsky Pipe Works,…
The warehouse complex of ChTPZ has supplied 300 tons of large diameter pipes to Evraz NTMK. The pipes were produced at the Chelyabinsk Pipe Works and would be used for the company modernization. In particular, the warehouse complex supplied LDP with the diameter of 820 mm and wall thickness of 10 mm made of St17G-1-u…
Moscow Loan Bank and ChTPZ Group have signed a loan agreement of 4 billion rubles. The funds will be provided for 3 years. The parties have been cooperating since 2014. This year the bank decided to enlarge cooperation with the group. (Ukrainian metal)
ChTPZ will supply 130 thousand tons of large diameter pipes for the construction of the Saryarka pipeline in Kazakhstan. The batch of pipes has to be supplied until September. The diameter of the pipes is 820 mm and the wall thickness is 12, 14 and 18 mm. The pipes will be made of K60 steel…
The Russian group of ChTPZ (Chelyabinsk Pipe-Rolling Plant) has won the tender of the Turkmengas State Concern for the supply of pipes for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline under construction. The company will supply pipes for the construction of the linear part of the pipeline with a length of 214 kilometers. The deal amounted to…
In 2018 the net profit of ChTPZ grew by 91.6% YoY, to 7.726 billion rubles, Gross profit increased by 18%, to 44.286 billion rubles, and EBITDA – by 19%, to 28.223 billion rubles. Revenue went up by 13%, to 178.84 billion rubles. The company net debt as of late 2018 was 68.4 billion rubles. The…
The ChTPZ group has carried out an investment project to modernize the manufacturing complex of the cold-deformed pipes, New Prestar machinery to treat stainless pipes has been assembled at the Pervouralsky Pipe Works. Investments exceeded 15 million rubles. The new machine provides for faster and more precise cutting of pipes with diameter of 83 to…
The warehouse complex of ChTPZ has supplied 174 tons of large diameter pipes for the construction of a bridge over the Ob River. The pipes for the Novosibirsk bridge were produced at the Chelyabinsk Pipe Rolling Plant. The batch comprised electric-welded pipes with the diameter of 530 to 1220 mm and the wall thickness of…
