Interpipe has designed, developed and tested new Intrepid-MT premium-class joints for oil companies from the USA. Thanks to their high strength and impermeability, Intrepid-MT can be used as part of casing columns in inclined and horizontal oil and gas shafts. (Ukrainian metal)
As of now, capacities of the enterprises, comprising Interpipe, are loaded at 60-70% compared with the pre-war period. The group intends to keep this level till the end of the year. “Loading differs by divisions. The situation in the pipe and railroad divisions differs. There are also differences by quarters. But on average our capacities…
Interpipe has waved the false information spread last week on the media about its cooperation with Russia. According to the company, its patriotic position has always irritated Russia. In 2019, the Russian Federation applied an embargo on Interpipe products and put its managers on the sanctions lists. “Interpipe in no way operates on the Russian…
In January-March, Interpipe increased net profit 2.6-fold YoY, to $57.142 million. Profit before taxes was $74.448 million, up from $29.202 million last year. EBITDA totaled $79.427 million, as opposed to $15.139 million in Q1 2022. At the same time, sales revenue decreased by 4%, to $229.291 million. (Ukrainian metal)
In January-March, Interpipe increased steel output by 13% YoY, to 184 thousand tons. Pipes manufacture grew by 12%, to 105 thousand tons, while railroad products dropped by 13%, to 20 thousand tons. Since the start of the year, the manufacture at all Interpipe enterprises has been seriously affected by harsh electricity limits. But in March,…
Kyiv Electric Carriage Repair Plant of Ukrzaliznytsia following a tender has ordered Interpipe Ukraine the delivery of railroad wheels valued at 11 million UAH. This year, the company has to supply 256 solid wheels with the diameter of 957 mm at 42,396 UAH apiece, or $1159 apiece. The wheels are produced by Interpipe NTZ. 2…
Following four tenders in May, Ukrgazvydobuvannia announced its intention to order Interpipe the delivery of pipes valued at 2.4 billion UAH. One of the agreements, valued at 414 million UAH, was signed on May 24. In half a year, Interpipe Niko Tube and Interpipe Ukraine have to supply 19.2 thousand tons of casing pipes. Compared…
In 2022, Interpipe decreased steel output by 39% YoY, to 595 thousand tons, pipes – by 36%, to 393 thousand tons, and railroad products – by 51%, to 84 thousand tons. Sales decreased by 37%, to 524 thousand tons, in particular pipes by 36%, to 384 thousand tons, and railroad products – by 50%, to…