Russian pipemaking group ChTPZ ships 10% more in 2007
Wednesday, January 23 2008
Chelyabinsk Tube Rolling Plant (ChTPZ) together with Pervouralsk New Pipe Plant (PNTZ) from Russia’s Sverdlovsk region, shipped 1.89m tonnes of pipe to customers in 2007, a rise of 10% on the previous year’s combined shipments of 1.72m t.
The two companies form the ChTPZ Group, whose sales were split 1.05m t to ChTPZ, up 9% compared to 2006, while at PNTZ an annual rise of 11% took sales to 845,600t.
ChTPz’s sales of large diameter pipe grew 16% last year to 593,000t, from 511,600t in 2006. The group tells
Steel Business Briefing that the improvement is the result of participating in the new East Siberia-Pacific Ocean pipeline, plus other tubing and seamless linepipe business with its regular customers Gazprom, Transneft and the vertically-integrated oil companies.
However, at 75,300t, monthly sales for December 2007 were down 7% at ChTPZ, compared to December 2006. Last month’s production at PNTZ was stable at 61,000t in the same y-o-y comparison.
As of 15 January, group sales director Pavel Pelyugin has been appointed general director of the ChTPZ Group. The former boss, Vitaly Sadykov has stepped down because his five-year contract had run its term, the company says.
Since taking the helm in 2002, Sadykov has successfully integrated PNTZ into the ChTPZ Group, put in place a single management structure, and drawn up its development strategy to 2012, adds the group. The latter will mean investing at least $1.5bn (€1bn) in production and service centre operations, which includes building a large diameter pipe mill at Chelyabinsk, due on stream in 2009.
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