TPi September 2019

Business & market news

ASMAG expands production space to increase manufacture of tubes and profiles

and the participating construction companies, and the first machines and systems are being assembled in the new buildings. Bars, tubes and profiles in a wide range of qualities, sizes, lengths and materials are in demand globally. ASMAG’s machinery provides solutions that are tailored to the customer’s needs. The ASMAG team is constantly challenged to develop new and smart solutions. ASMAG’s scope of equipment and services range from the supply of individual machines to the design and realisation of entire production lines or factories for the steel and non-ferrous metal industry, where the synergies of all companies belonging to the ASMAG Group are utilised. This includes the machines and systems engineered and manufactured by ASMAG, as well as Seuthe GmbH, a manufacturer of tube welding and roll forming systems based in Germany, and Ingenia, located near Linz, Austria, which offers materials logistics and conveyor technology as

modern new halls was met to the day. “It had become tight in our production halls. Quality needs space – therefore, this step was necessary,” commented owner and CEO Johann Vielhaber. The new “free spaces” were used for an inauguration ceremony with employees

With an additional 3,200 square metres, ASMAG GmbH has created a new building at its headquarters in Austria for the assembly of machines and systems. Despite adverse weather conditions, the ambitious four-month schedule for the construction of the

well as galvanising plants. ASMAG GmbH – Austria

Johann Vielhaber, owner and CEO of ASMAG, and his daughter Tina Ettinger (company relations)

sales@asmag.at www.asmag.at

TMK and Novatek in strategic partnership to supply premium tubular products

TMK manufactures and supplies steel pipes for the oil and gas industry, with more than 20 production sites in the USA, Russia, Canada, Romania and Kazakhstan. It operates two R&D centres in Russia and the USA. The largest share of its sales belong to high-margin oil country tubular goods (OCTG), which it ships to customers in over 80 countries. TMK – Russia

pricing to promote efficient production and ensure timely and reliable supplies, and will remain effective until the end of 2023. “TMK has had long and successful relations with Novatek,” said Mr Pumpyanskiy. “We supply tubular products with premium threaded connections to many of Novatek’s projects, including Arctic LNG 2, Yamal LNG and the Yurkharovskoye field. This agreement aims to reinforce our partnership.”

PJSC TMK and PJSC Novatek signed a strategic partnership and cooperation agreement at the 23 rd St Petersburg International Economic Forum. The document was signed by Dmitry Pumpyanskiy, chairman of TMK’s board of directors, and Leonid Mikhelson, chairman of Novatek’s management board. The agreement outlines key policies and approaches for supplying TMK’s premium casing and tubing pipe to Novatek. It introduces formula-based

tmk@tmk-group.com www.tmk-group.com

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TUBE PRODUCTS INTERNATIONAL September 2019

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