In 2017 Chelyabinsk Pipe Works received 1.058 billion rubles of net profits, down 4-fold YoY. ChTPZ consolidated profit totaled 4.032 billion rubles, down by 37%. In Q4 2017 the works received 1.884 billion rubles of net profit, up from 39 million rubles in Q3. Revenue grew by 52%, to 37.4 billion rubles. In 2017 ChTPZ…
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…
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…
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…
In 2018 the last year tendencies will persist on the steel pipes market: OCTG pipes demand will be increasing because of the growth of drilling. ChTPZ intends to increase its share in the supplies of pipes for construction of compressor plants. “This year the group plans to retain its output volumes on the previous year…
In 2017 the ChTPZ group shipped 1.988 million tons of pipes to customers, up by 16% YoY, or by 275 thousand tons. ChTPZ share in pipes sales in Russia grew last year by 1%, to 17.5%. The sales of seamless pipes increased by 19%, to 1.2 million tons. The group also sold 800 thousand tons…
ChTPZ has become the only supplier of low-temperature large diameter pipes for the construction of the Nord Stream-2 gas pipeline. In January-May ChTPZ will ship some 3 thousand tons of LDP to Nord Stream 2 AG. All the pipes will be made of low temperature steel, thus the operating temperature could be as low as…
ChTPZ was the first in Russia to develop cold-deformed pipes for internal combustion engines. The manufacture has been started at Pervouralsky Pipe Works. The pipes with the outer diameter of 8 mm and inner diameter of 3 mm made of high-quality low-alloyed steel will be used in diesel engines of the Common Rail type. The…
