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ChelPipe Group Announces Operating Results for 2019- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
3/2/2020 管材展-鋼管展-steel tube expo-tube &pipe expo |
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Chelyabinsk Pipe Rolling Plant announced its operating results for the 12 months ending December 31, 2019. ChelPipe Group Pipe and tube division CEO Mr Boris Kovalenkov said “In 2019, ChelPipe Group delivered robust growth in shipments of tubular products. The Company strengthened its position as the largest LDP manufacturer in the Russian market while also continuing to expand its international presence, with exports hitting a 25-year high. In response to increased competition, ChelPipe Group is taking a number of steps to boost operational efficiency and put the customer at the heart of the transformed business model, in line with the Company’s 2024 strategy. Over the next five years, we will focus on strengthening our customer proposition, primarily in the high added value segments; developing services and integrated engineering solutions; a smoother customer experience; and diversifying our sales channels. Delivering in these areas will give us a significant competitive edge over our Russian and international peers, and strengthen ChelPipe Group’s appeal as a long-term partner for our clients.”
FY 2019 highlights
In FY 2019, ChelPipe Group shipped a total of 2,070 kt of pipes to customers (up 8% YoY)
A key growth driver was an increase in export shipments to 736 kt, or 36% of all shipments
Shipments to the Russian market totalled 1,334 kt
Large-diameter pipe shipments reached 916 kt (up 33%), strengthening ChelPipe Group’s position as the largest LDP manufacturer in the Russian market
Oil country tubular goods shipments increased by 3% to 469 kt
Shipments of pipes with ChelPipe Prime threaded connections rose by 23%, driven by stronger demand from Russian customers
Shipments of trunk pipeline division products increased by 17% to 21.3 kt
Sales of tubular products through the online store increased by 160%
Shipments by product
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- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
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