Investor Presentaiton
Capex Programme
Total $1.1bn capex programme for three years which translates to $300-400 mln per year with a $100
mln annual maintenance capex
US$mln
TMK
840
2008
445
395
402
397
314
320
2009
2010
2011
2012
2013
2014E
For 2014, CAPEX was
cut by around 20%
compared to previously
planned US$400 mln
Source: TMK data
Focus of capex programme has been seamless pipes and facility modernisation in Russia and US
Key Production Facilities
min tonnes
4.0
3.70
3.5
3.46
2.98
•
5 EAFS
•
7 Continuous Casters
3.0
2.50
•
11 Hot-Rolled Seamless Mills
2.37
2.5
2.03
2.09
•
76 Cold-Rolled Seamless Mills
2.0
1.78
•
29 Welded Rolling Mills
1.5
•
1.0
0.73
0.77
.
•
0.5
0.0
Steelmaking Seamless Welded Pipe
Pipe
■ 2004
Source: TMK data
Heat
Treatment
Threading
■2014 pro-forma
37 Heat-Treatment Lines
48 Threading Lines
10 Coating Lines
R&D Centres
Ten manufacturing plants are ISO 14001:2004 certified
and are audited annually
All plants are certified with OHSAS 18001:2007
(Occupational Safety and Health Management System)
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