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Found 10 records | Page 1 of 1

Oman's TMK GIPI to supply 3LPE line p...

by tubelinks on 08/30/2014 - 03:59 pm
Tag: Projects

The Sultanate's leading pipe manufacturer, TMK Gulf International Pipe Industry (TMK GIPI),  part of global pipe manufacturer TMK, has been awarded the contract to supply 8" pipes with W.T up to  14.4mm,  API 5L X65 Sour with 3LPE coating for the Abu Dhabi carbon capture project — a Masdar/Adnoc joint venture project in the United Arab Emirates. Manufacturing such a high wall thickness for 8" OD pipe is going an extra mile which TMK GIPI has achieved in the region.3LPE coating system is a multi-layer coating structure composed of three coating materials of fusion bonded epoxy (FBE), copolymer adhesive and PE or PP top coats for steel pipe anti-corrosion. With years' of e ...

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Jindal SAW to Acquire PSL North America

by tubelinks on 08/29/2014 - 03:28 pm
Tag: Press Release

Jindal SAW Ltd, through its subsidiary Jindal Tubular USA LLC, will acquire all of pipe and tube producer PSL North America LLC in a bankruptcy purchase agreement.

The purchase price was undisclosed but assets of PSL North America and PSL USA (which owns a majority stake in PSL North America) were listed at $50 million each with debt of $130 million in the Chapter 11 document filing. According to court documents, PSL USA offered to sell all of its assets to Jindal Tubular for $100 million.

In June, PSL North America and PSL USA entered a voluntary petition for relief under Chapter 11 with the US Bankruptcy Court for the District of Delaware. Jindal Tubular entered a purchase agreement wi ...

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WBHO Pulls Plug on its Mozambican Pip...

by tubelinks on 08/25/2014 - 03:57 pm
Tag: Press Release

WILSON Bayly Holmes Ovcon (WBHO) has decided to either sell or close its financially troubled Mozambican pipe mill, Capital Star Steel (CSS).

This follows the listed construction and engineering group reporting in June that it had impaired the value of CSS, which would affect its earnings a share in the year to June.

CSS is a subsidiary of Capital Africa Steel, through which WBHO runs its construction materials businesses.

The group said this week that shelving and racking businesses Symo, a division within Capital Africa Steel, and Krost Shelving were also both disposed of in the year to June.

A deal, still subject to certain conditions, had also been concluded for the sale of Dywidag-S ...

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Zumbach’s BENDCHECK Assures Straightness

by tubelinks on 08/25/2014 - 05:04 pm
Tag: Product Release

Absolute straightness is one of the concise quality criteria in the production of round bars and pipes. BENDCHECK – the precision laser measuring system from ZUMBACH monitors bending continuously without missing any sections directly within the production process.

This replaces the ODAC® laser measuring heads used currently to manually spot test with a non-contact online test for bending. Apart from the obvious gain in quality the manufacture also saves considerable time through the use of the online date check.

What can BENDCHECK do

Synchronous real time scanning in the production process

Quality assurance directly after the straightening process

Direct integration in th ...

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Vyksa Steel Installs New Anticorrosiv...

by tubelinks on 08/25/2014 - 04:45 pm
Tag: Projects

Russian steelmaker Vyksa Steel Works, a part of Russia based OMK Group, has stated that installation of its new production facility has started at its first line for anticorrosive coating of large diameter pipes. The estimated capacity of the new line for the outer coating of pipes is 750 square meters per hour. The completion of the precommissioning and production of the first tube coated with the new equipment is scheduled for October this year, while the beginning of commercial production is planned for the Q1 of 2015. Investment in the project will amount to over RUB 2 billion.

Tata Steel and Subsea 7 Sign £10 Mill...

by tubelinks on 08/15/2014 - 04:52 pm
Tags: Press Release, Projects

Tata Steel has signed a series of contracts, worth a total of £10 million, with Subsea 7, a leading offshore industry contractor.

The contracts – to supply undersea pipes to four separate North Sea projects – were signed over the past year and will mean that Tata Steel supplies in excess of 55km of pipe weighing more than 9kt.

In addition to the contracts signed, the two companies have signed a global framework agreement to formalise their long-standing partnership of 25 years, which has seen Tata Steel supply 83kt of piping for 37 global projects.

With the latest contracts, Tata Steel will supply around 28km of carrier pipe, more than 27km of sleeve pipe, girth welding ...

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Alamo Tube will develop 200 workers p...

by tubelinks on 08/04/2014 - 05:08 pm
Tag: Projects

Houston based Alamo Tube Company will develop a 200 employee pipe mill and finishing facility south of San Antonio to produce metal tubing used in oilfields including the nearby Eagle Ford Shale. The USD 62.5 million facility will be located in Alamo Junction Rail Park, a 400 acre development in Elmendorf, just south of the Alamo City. The location will give Alamo access to both the Union Pacific and Burlington Northern Santa Fe railroads for inbound and outbound shipments. Equipment producer Abbey Fives Bronx will supply the state of the art high speed pipe rolling mill for the plant, which will produce 250,000 tons of oilfield tubing annually. Energy companies use long, coiled metal tubes, ...

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Tangshan Mill Closure Reflects Wider ...

by tubelinks on 08/03/2014 - 07:41 pm
Tag: Press Release

SCMP reported that the Xinming Steel Pipe plant in Tangshan, a polluted industrial city that produces more steel a year than the entire United States, shut earlier this month, leaving more than 400 workers and a host of creditors unpaid. The turmoil at the firm shows how huge overcapacity is pushing scores of similar steel enterprises to the brink of bankruptcy. Unlike in the past, however, provincial governments are now unwilling or unable to bail them out. In a bid to rebalance the world's second-biggest economy, Beijing is dismantling a local government support structure that gave steel firms a lifeline of cheap credit, lucrative construction contracts and preferential tax rates. This sup ...

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Shandong Group to Invest $150 mn to B...

by tubelinks on 08/03/2014 - 07:29 pm
Tag: Press Release

The Shandong Iron and Steel Group (Shangang) has signed an agreement to construct a new steel pipe plant in the North African country of Morocco. The agreement was signed between the company management and the Moroccan Finance Minister at the Moroccan capital, Rabat on Tuesday.

The Chinese steel major plans to invest around $150 million towards building the new plant, which is estimated to have a production capacity of 250,000 tons of pipes per year. As per the agreement, the plant will be built at the 14-acre site in Tangier Exportation Freezone, located south of Tangier, Morocco.

According to Moulay Hafid Elamamy, Minister for industry, trade, investment and the digital economy, all of t ...

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China's Output of Seamless Steel Pipe...

by tubelinks on 08/03/2014 - 07:26 pm
Tag: Press Release

According to statistics released by the National Bureau of Statistics (NBS), China’s seamless steel pipe output totaled 2.846 million tons in June, reaching the highest monthly level of 2014 while down by 0.5% in comparison of the record high of 2.853 million tons in June, 2013. In June, the country’s daily output of seamless steel pipes averaged at 94,880 tons, rising by 7% from a month ago. In the first half of this year, the country’s seamless steel pipe output amounted to 15.8 million tons, rising by 4% year on year.