TMK IPSCO
Headquartered in Houston, TMK IPSCO is a North American producer of welded and seamless pipe and premium connections. It is a subsidiary of Russia's TMK.
Latest News
Tenaris Completes Acquisition of IPSCO Tubulars
03 January 2020 - Tenaris S.A. has finalized its US$1.07 billion acquisition of IPSCO Tubulars Inc. and has signed a new distribution agreement with IPSCO parent PAO TMK, the company announced.
Justice Department OKs IPSCO Acquisition
23 December 2019 - The U.S. Department of Justice has cleared Tenaris’ planned acquisition of PAO TMK’s North American unit, IPSCO Tubulars Inc.
TMK Sees Revenue Dip in First Three Quarters of 2019
20 November 2019 - Revenues at Russian oil country tubular goods maker PAO TMK declined 4% through the first nine months of 2019 on account of reduced sales in North American and Europe, the company said Wednesday.
Tenaris Expands in U.S. Through US$1.2B Deal
22 March 2019 - Tenaris has signed an agreement to acquire PAO TMK’s North American pipe and tube business for US$1.2 billion.
TMK Remains Committed to Public Offering for IPSCO Shares
25 May 2018 - Despite having canceled an initial public offering for its U.S. subsidiary, Russian pipe and tube maker TMK said it still intends to take IPSCO Tubulars public.
IPSCO Sets Aside Initial Public Offering
12 February 2018 - IPSCO Tubulars has postponed its initial public offering, citing adverse market conditions.
TMK IPSCO Launches IPO, Aims to Raise More than US$465M
30 January 2018 - The American arm of Russian tubemaker PAO TMK has launched its initial public offering at US$20 to US$23 per share.
TMK IPSCO Files for IPO
15 January 2018 - The North American division of Russian oil country tubular goods maker PAO TMK is moving to become public, filing to register its shares with the U.S. Securities and Exchange Commission.
TMK IPSCO Proposes Initial Public Offering
01 December 2017 - TMK’s U.S. subsidiary is preparing to go public, announcing Thursday that has filed a preliminary registration statement with the Securities and Exchange Commission.
Steel Manufacturers Association Recognizes Three for Safety Achievements
18 August 2017 - The Steel Manufacturers Association (SMA) has named two people and a steel facility as the recipients of the 2017 Don B. Daily Achievement in Safety award, the association's highest safety recognition.
TMK Forecasts Improving Conditions in 2017
16 January 2017 - Oil country tubular goods maker TMK said it expects the U.S. oil and gas market will continue to recover this year on the back of global rebalancing, spurring increased pipe consumption.
To Cut Its Debt, TMK Considers Selling Foreign Assets
19 August 2016 - Tubemaker TMK might sell some of its assets as it looks to pare US$2.5 billion in net debt, reports the Reuters news service.
U.S. ITC Retains Duties on Certain Chinese-Made Pipe
19 February 2016 - The U.S. International Trade Commission has agreed to retain anti-dumping and countervailing duties on seamless pipe from China.
More Layoffs Planned at Kentucky Tube Mill
28 January 2016 - TMK IPSCO has given notice that it intends to lay off 126 employees at its Wilder, Ky., tube mill.
More Layoffs Planned at Kentucky Tube Mill
28 January 2016 - TMK IPSCO has given notice that it intends to lay off 126 employees at its Wilder, Ky., USA, tube mill.
TMK IPSCO Executives Leaving Company
11 January 2016 - TMK IPSCO president and CEO David S. Mitch has stepped down from his role with the oil country tubular goods maker, the company has announced.
IPSCO Halts Production at Iowa OCTG Mill
02 September 2015 - Oil country tubular goods producer TMK IPSCO is idling a casing and line pipe facility in Camanche, Iowa, USA, laying off 43.
TMK Profits Rise In Spite of Declining Shipments
25 August 2015 - Oil country tubular goods manufacturer OAO TMK saw its shipments decline 6 percent in the first half of 2015, largely on account of persistently low oil prices in the U.S. and the resulting slowdown in drilling, the company reported.
TMK Ipsco Temporarily Lays Off 75 Works at Blytheville, Ark., PLant
16 July 2015 - According to a report by news station KAIT, More than 75 employees were temporarily laid off at TMK Ipsco's operations in Blytheville, Arkansas after they were warned of the possibility 2 months ago.
TMK IPSCO to Temporarily Shut Down Ambridge Mill For a Month in Line With $15 Million Renovation Plan
19 June 2015 - According to a report by the Pittsburgh Post-Gazette, TMK IPSCO said it will shut down its Ambridge, Pa., USA, seamless tube plant for a little more than a month this summer to make $15 million in improvements.
