01 TMK Profile
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Annual
report 2017
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01
TMK Profile
ТМК is one of the world’s leading producers and suppliers of steel pipe for the oil and gas industry. The Company’s shares are traded on the London Stock Exchange and Moscow Exchange.

TMK’s core business is the production and sales of seamless and welded pipe, including large diameter pipe, pipe with premium connections, combined with an extensive range of heat treatment services, protective coating, premium connections threading, pipe storage and repair.

The Company was founded in 2001 and currently operates 27 production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan.

Production
27
Production assets
Russia

Volzhsky Pipe Plant, Seversky Pipe Plant, Sinarsky Pipe Plant, Taganrog Metallurgical Works

Four oilfield service assets in Russia, incorporated into TMK Oilfield Services division

Romania

TMK-ARTROM and TMK-RESITA

Kazakhstan

TMK-Kaztrubprom

USA & Canada

Eleven production facilities, owned by TMK IPSCO

Pipe servicing assets for oil and gas production located in the United States

Oman

TMK GIPI

Research
New product design and development, experimental and validation testing, and advanced research in TMK:
Innovation development and expansion of the Company's research capacity:
Russian Research Institute for the Tube and Pipe Industries (RosNITI)
Chelyabinsk
R&D Center
Houston
R&D facility in the Skolkovo Innovation Center
Moscow
Deliveries
TMK’s unique production and service capabilities ensure supply to a wide range of customers and offer effective solutions to their operational challenges.

Consolidation of production assets across the globe, scientific and engineering innovations, and a geographically diversified sales network have allowed the Company to create a modern vertically integrated industrial group, manufacturing and supplying high-tech, competitive pipe products.

27
production assets
No.1
in Russia
Top3
in the US market
24%
share of the russian pipe market
≈80%
share of the Russian premium connections market
3,8mln tonnes
of pipe sold in 2017 +9 % y-o-y
$605mln
EBITDA in 2017,
+14 % y-o-y
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