News and press releases

JSC Khartsyzsk Tube Works: December production performance

11 January 2010 // Press centre Metinvest Group

JSC Khartsyzsk Tube Works (KhTW), part of Metinvest Group, in December 2009 produced 18.94 thous. t of large diameter pipes (LDP).

In December, KhTW produced 18.94 thous. t of large diameter pipes, which is by 2.05 thous. t or 90.2% below November performance.

December production decline is due to the month’s production program.

KhTW key performance Indicators

ProductDecember 2009, tNovember 2009, tDecember 2009 vs. November 2009, %January — December 2009, tJanuary — December 2008, tJanuary — December 2009 vs. January — December 2008, %
LDP18 937,0020 989,7090,2523 152,89387 746,31134,9

 

Briefing Note:

JSC Khartsyzsk Tube Works (KhTW) is the largest plant in CIS that manufactures large diameter longitudinal electric-welded pipes from 478 to 1420 mm for cross-country gas and oil pipelines. KhTW production capacity is over 1.1 mln. tpa of pipes. 

JSC Khartsyzsk Tube Works employs the Integrated Management System that ensures stable high quality of products for its customers. It is based on ISO 9001, ISO 14001, OHSAS 18001, API Spec Q1, DSTU ISO 9001, GOST Р ISO 9001 standards. The Plant’s products have been certified according to API, EN, and the National UkrSEPRO standards. KhTW is part of the Metinvest Group Steel and Rolled Products Division.

Metinvest is an international vertically-integrated mining and metals company. Production facilities of Metinvest allow the enterprises both to satisfy their own needs in raw materials, liquid steel and semi-finished products and to be a key supplier for many other Ukrainian and European companies, as well as Asian businesses.
The shareholders of Metinvest Group are SCM Group (75%) and Smart Holding (25%) that manage the company on the partnership principle.

Metinvest Holding is the managing company of Metinvest Group.