TPi March 2020

Business & market news

Val-Matic releases new air valve brochure

Valve manufacturer, Val-Matic has released an updated version of its Air Valve Brochure featuring the addition of the VaultSafe ® family of products. VaultSafe products such as the FloodSafe ® , FrostSafe ® and VentSafe ® work in conjunction with air valves in many applications with the aim of better protect portable water systems. The valves are certified to NSF/ANSI 61 for Drinking Water and NSF/ANSI 372 Certified Lead-Free. All Val-Matic Valves are manufactured under a certified ISO 9001 quality system. The updated brochure is currently available online. Val-Matic www.valmatic.com

US Department of Justice approves Tenaris’ acquisition of IPSCO Tubulars from TMK

international producer of seamless and welded pipe. TMK expects to be able to consummate the transaction shortly. PAO TMK www.tmk-group.com

The proposed transaction was entered into on 22 March, 2019 pursuant to a Stock Purchase Agreement between PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, and a wholly owned subsidiary of Tenaris, an

PAO TMK, a global manufacturer and supplier of steel pipes for the oil and gas industry, has announced that the US Department of Justice (DOJ) has closed its investigation into Tenaris’ proposed acquisition of IPSCO Tubulars, Inc from PAO TMK.

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March 2020 TUBE PRODUCTS INTERNATIONAL