TMK Ships Casing with ULTRATM Premium Connections to Gazprom
May 21, 2012
OTC Disclosure News Service
Moscow, Russian Federation –
May 21, 2012 Press Release
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has made a shipment to Gazprom of casing with ULTRA-FJTM Premium Connections that were developed by the Company’s American division and produced at Orsky Machine Building Plant (Russia), which is a part of TMK Oilfield Services.
This is the second delivery of ULTRATM Premium Connections produced at TMK’s Russian plant new threading line. In April, casing with ULTRA-FJTM connections was shipped to Lukoil.
“The shipments of our premium product, new for the Russian market, to such large companies as Gazprom and Lukoil confirm our ambition to offer innovative products of the highest class to our partners,” said Sergei Bilan, TMK Vice President for Premium Products and Services.
TMK is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating 24 production sites in the United States, Russia, Romania and Kazakhstan and two RD centres in Russia and the USA. In 2011, TMK’s pipe shipments totaled 4.23 million tonnes. The largest share of TMK’s sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in 85 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing.
TMK’s ordinary shares are listed on Russia’s major stock exchange – MICEX-RTS. Its GDRs are traded on the London Stock Exchange, and its ADRs – on the OTCQX International Premier trading platform in the U.S.
TMK’s production assets structure:
For further information regarding TMK, please, visit www.tmk-group.com or contact:
TMK PR Department
Tel: +7 (495) 775-7600
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