According to Mr Vyacheslav Gagarinov executive director of SinTZ, Sinarsky Pipe Plant a subsidiary of the Russian pipe producer TMK Group plans in 2010 to invest RUB 600 million in the implementation of its investment projects.

In 2009, SinTZ launched a waste water facility designed for the treatment of industrial waste water using biochemical technology. The upgrading of SinTZ operations in 2009 also included heat treatment equipment of cold deformed coiled tubing in nitrogen shielding gas environment and the installation and ramping up of polishing equipment for stainless steel and alloy pipes.

In recent years, TMK invested more than USD 1 billion in the development of its steel production and manufacture of round billets and in the expansion of its rolling and product finishing facilities. Various projects aimed at improving product characteristics and quality and expanding the mix were implemented at the company Russian plants last year. As a result, in 2009, TMK developed and started producing 42 new types of products.

(Sourced from www.steelorbis.com)
Visit www.steelorbis.com for more