Tenaris, LU0156801721

ISIN: LU0156801721 WKN: 164557 Tenaris (TS: NYSE, Buenos Aires, Mexico and TEN: MTA Italy) is a leading global manufacturer and supplier of seamless steel pipe products and provider of pipe handling, stocking and distribution services to the oil and gas, energy and mechanical industries.

27.12.2011 - 16:18:33

Tenaris. It is also a leading regional supplier of welded steel pipes for gas pipelines in South America. With manufacturing facilities in Argentina, Brazil, Canada, Italy, Japan, Mexico, Romania and Venezuela and a network of customer service centers in over 20 countries, Tenaris has an annual production capacity of 6 million tons steel pipes and24,000 employees worldwide.

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>Tenaris has six business divisions: Oilfield Services, Pipeline Services, Process & Power Plant Services, Industrial & Automotive Services, Local Business Units and Others.

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>Tenaris supply an extensive range of tailor-made seamless and welded pipes complete with coatings and accessories for use in onshore, offshore and deepwater pipelines with on-site, ready-for installation delivery and provide comprehensive material planning and supply chain management services to enable customers to respond efficiently to the demanding needs of major refinery, petrochemical and power plant contracts backed up by on-time delivery quality products.

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>Tenaris seamless steel pipe production is based on the Electric Arc Furnace, Ladle Furnace, Vacuum Degassing and Continuous Casting process.

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>The Group also produces a complete range of tubular products and components for cars, bearings, oleodynamic cylinders and other mechanical applications and provides a wide range of customer services such as co-design, just-in-time delivery, stocking programs and e-commerce facilities.

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>Tenaris is the leading regional supplier of welded pipes for the construction of oil and gas pipelines and sucker rods for oil and gas drilling in South America and play a leading role in the development of the region's energy infrastructure.

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>Tenaris has also developed an energy business in Italy through its subsidiary, Dalmine Energie, following the partial deregulation of the Italian energy sector. Founded in 1999 to supply electric power to Dalmine and other users in the Bergamo area, Dalmine Energie has expanded rapidly and currently supplies electric power and natural gas to many industrial companies in north and central Italy.
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