United Metallurgical Company (CJSC "UMC", Moscow) February 26, 2013 held a grand opening of the new pipe factory OMC Tube in Houston, Texas (USA). The design capacity — 200 thousand tons of casing and tubing made from carbon and low-alloy steels. The total investment in the project from its start and through 2015 will be about 3 billion rubles.
Official event was attended by over 150 people, among them — representatives of the Russian and American steel, oil and gas companies, construction companies, equipment suppliers, as well as managers and employees of enterprises OMC. The VIP guests were given a tour of production, equipped with the latest high-tech equipment.
"Building and running their own pipe plant in America — a logical step in the implementation of OMC strategy of geographic and product diversification of the business. It provides for the expansion of markets through the establishment of production in those regions of foreign countries, where there is strong demand. The U.S. market is important for the company. The presence here of their own facilities for the production and finishing of casing pipes and tubes for pipelines, as well as an established distribution system will allow UMC to expand and strengthen its position in the North American market, " — Said Vladimir Markin, president of UMC.
OMK products sold in the U.S. market since 2004 through its own sales division of the company, working in Houston. In 2011, OMK acquired here venture to finishing pipes Tubular Solutions, which is able to carry out the heat treatment, threading, including the premium, and beading. New Pipe Plant is located in the immediate vicinity of the pipe processing complex, which helps to minimize transportation costs and to fulfill orders as quickly as possible. With the launch of the plant the company was able to best meet the needs of its customers in the United States through the creation of a single production chain, from the supply of metal, pipe production (OMC Tube), their finishing (Tubular Solutions) and ending with the final consumer through its own distribution network ( trading house Vyksa-OMK). North American assets are managed by OMK North America, Inc (a subsidiary of "VMP").
Trading house Vyksa-OMK will sell the products as coming from the new plant, and with Russian enterprises of the company. It should be noted that in Texas are the largest oil and gas fields of the country, nearly half of U.S. refining centers around Houston. All this makes the Texas oil and gas pipes significant consumer segment. It is expected that in the near future the demand for OCTG pipes in the U.S. will grow significantly through the development of shale deposits. This opens up new prospects for the development of large-scale enterprises OMC in North America.