Investor Presentaiton
Deleveraging and Capex Plan
Group wide $1.1bn capex programme over next 3 years with circa $800m on expansion and circa
$300mln on maintenance capex
840
US$mln
TMK
2008
445
395
402
387
314
2009
2010
2011
2012
2013E
Source: TMK data
Focus of capex programme has been seamless pipes and facility modernisation in Russia and US
15
Key Production Facilities
mln tonnes
12
2.50
•
5 EAFs
•
7 Continuous Casters
•
11 Hot-Rolled Seamless Mills
2.09
■Threading
■ Heat Treatment
•
6
3.46
■ Welded pipe
0.77
■Seamless pipe
•
0.73
CO
■Steelmaking
•
1.78
2.98
•
2.03
3
3.70
2.37
0
2004
2014 pro-forma
Source: TMK data
76 Cold-Rolled Seamless Mills
29 Welded Rolling Mills
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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