Investor Presentaiton
TMK
Our New Approach Driving Growth
TMK strength lies in its diversity
ā
Group has full range of products for conventional and unconventional markets
US wide presence- being close to the customer
TMK strength lies in its technology
Deliberate move from commodity product to technology lead solutions
Fit for purpose applications
Creating long term customer partnerships benefiting from our technical and commercial knowhow
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No inventory risk for the end user
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Prices are negotiated based on transparent indexes
Joint Product Development program
Approach yielding results
Increasingly moving to long term contracts (1-3 years) with International Oil Companies
70% of OCTG output currently contracted with a target of 90% by 2014
We benefit from improved planning, procurement and production efficiencies that deliver higher margins
Introduction of new higher value, higher margin technology driven products ā replacing lower margin
more basic products
As well as our unique products....
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