December 02, 2008

Chelyabinsk Group pipe sales up by 18% YoY in 8 months

Interfax reported that the ChTPZ Group boosted its pipe sales during January to August 2007 to 1.309 million tonnes up by 17.8% YoY. Chelyabinsk Pipe Rolling Plant increased sales by 17.3% YoY to 717,500 tonnes of pipes in the eight months, including 401,300 tonnes of large diameter pipes up by 26.5% YoY.

In August 2007, the Chelyabinsk plant reduced overall pipe sales 19.7%YoY to 85,500 tonnes. Large diameter pipe sales fell by 15.5%YoY to 45,300 tonnes in August 2007. The ChTPZ Group's Pervouralsk Novotrubny Pipe Works from the Sverdlovsk region raised pipe sales by 18.5%YoY in January to July 2007 period to 591,500 tonnes including 85,400 tonnes in August 2007 up by 8.4%YoY.

ChTPZ Group includes Chelyabinsk Tube Rolling Plant Pervouralsk New Pipe Plant, Chelyabinsk Zinc Plant, pipeline bend producer ZAO ChTPZ Integrated Pipe Systems, metal traders MeTriS and Tirus and scrap recycler ZAO ChTPZ Meta. The Luxembourg registered Arkley Capital manages the ChTPZ Group's assets.