PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2020.
TMK has supplied seamless steel pipes to the Sharjah National Oil Corporation (SNOC) to transport Mahani Gas production to SNOC Sajaa Gas Plant in Sharjah, UAE. The shipment totaled over 5 thousand tonnes. The 16” (406.4 mm) pipe produced at TMK’s Volzhsky Pipe Plant...
TMK has agreed to buy billets for seamless pipes from EVRAZ in 2021–2022. Over these two years, TMK will purchase over 160 thousand tonnes of rolled pipe billets using formula pricing. The billets will mainly be supplied to TMK’s Sinarsky Pipe Plant. “The...
TMK’s R&D facility at Skolkovo has become the first in Russia to run comprehensive bench tests of premium OCTG connections. The research took several months and was conducted to ISO standards to verify the performance of TMK UP CENTUM quick-assembly threaded connections...
TMK’s corporate management system has successfully passed another recertification audit for conformity with international standards (ISO 9001, EN ISO 9001, BS EN ISO 9001). The new certificate has been issued for three years and additionally extended to premium product supe...
TMK has reached an agreement on expanding cooperation with the largest oil and gas company in Uzbekistan – JSC Uzbekneftegaz. The parties are discussing joint projects aimed at the development of the oil and gas industry in the Republic of Uzbekistan, as well as resear...
TMK is starting its first pipe shipments to Hungary. A customer in Hungary will purchase 9.2 tonnes of small diameter stainless steel pipes manufactured by TMK’s subsidiary TMK-INOX. TMK will supply seamless cold-deformed small diameter pipe subjected to special non-o...
TMK ranked seventh in the sustainability ranking of Russian companies compiled by Moscow-based Expert magazine, making it the best among Russian steelmakers. The ranking included five measures of performance: financial performance, social policy and HR management, environmental...
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the nine months ended September 30, 2020.
TMK employees have won all three top places at the regional championship of the steelChallenge international steel industry competition held annually online by the World Steel Association and its steelUniversity education and training program. This year’s championship is t...
TMK’s R&D facility at the Skolkovo Innovation Center has won the prestigious competition Environmental Culture. Peace and Accord, held annually by the V.I. Vernadsky Foundation. TMK’s R&D facility environmental certification project won the Environmental Cultu...
TMK has teamed up with Rostelecom-Solar for a major project to establish a corporate cyberattack monitoring and response center, the Security Operations Center (SOC). The center will monitor security threats and prevent attacks on the infrastructure of all of TMK’s key faci...
Based on its 2019 performance, TMK was ranked among the 50 best employers in the Russia’s 50 Best Employers 2020 List compiled by Forbes. The Company was ranked 46th overall and seventh in Environment, showing the best environmental performance among steel producers and ste...
TMK’s strong resilience to the pandemic impacts was driven by the development of high-tech products, the adoption of digital technologies and agile responses to the changing market situation, said TMK CEO Igor Korytko at the Horizons corporate forum of TMK and Sinara Group....
Speaking at the Horizons corporate forum of TMK and Sinara Group, Sergey Chikalov, TMK Deputy CEO for Technological Development and Technical Sales, discussed the development of specialty, niche products. He told the forum participants that TMK has plans to increase the share of...
TMK intends to increase its investment in digital technologies to improve production efficiency and business processes in a new economic reality. The announcement was made by Vyacheslav Popkov, TMK’s First Deputy CEO – Chief Engineer, at the Horizons corporate fo...
TMK has developed unique pipes it will supply to Rosatom’s mechanical engineering division for its BREST-OD-300 experimental demonstration power unit. As part of a project to establish the closed nuclear fuel cycle, TMK will produce over 200 thousand meters of pip...
TMK is implementing robotic process automation (RPA) in its business processes to handle market research, HR and administration. A pilot RPA project run at TMK’s Marketing Directorate has sped up execution fivefold in some areas.
A casing string made up of premium threaded connection pipes manufactured by TMK was successfully lowered into a well from the Berkut offshore ice resistant stationary platform at the Sakhalin-1 project’s Arkutun-Dagi field.
TMK ran an industrial safety audit across its facilities as part of Steel Safety Day 2020. The event involved all plants of TMK’s Russian division, with employees and leadership assessing potential risks and designing measures to further improve safety and health at work.
TMK, one of the world’s leading producers of tubular products for the oil and gas industry (the “Group’), announces its operational results for the third quarter and first nine months of 2020.
PAO “TMK” (MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK”), announces the completion of share buyback program of TMK ordinary shares that has been approved by the Board of Directors on 11 September 2020 (the “Program”).
TMK has implemented a system for collecting, storing and analyzing security events. The system is powered by a MaxPatrol SIEM software solution from Positive Technologies, a global provider of innovative security solutions and a leader in responding to advanced cyber threats. TMK’s partner for the project was Jet Infosystems, a Russian company.
PAO TMK (LSE: TMKS; MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK” or the “Company”), announces that, further to previous announcements and following the application to the Financial Conduct Authority and the London Stock Exchange (“LSE”), the listing and admission to trading on the LSE of its Regulation S and Rule 144A Global Depositary Receipts (“GDRs”) (CUSIP: 87260R201 and 87260R102, ISIN: US87260R2013 and US87260R1023, SEDOL: B1FY0V4 and B1G3K21, respectively), each representing four ordinary shares of the Company, has been cancelled with effect from start of trading on 17 September 2020. Immediately following the cancellation of listing, holders of the GDRs will no longer be able to trade their GDRs on the LSE and will not be able to obtain market quotations for the GDRs.
PAO “TMK” (LSE: TMKS; MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK”), announces that the Board of Directors, at its meeting on 11 September 2020, has approved a new share buyback program of up to 129,198,754 of TMK ordinary shares outstanding at a cash price of RUB 61 per ordinary share.