Transcript Tenaris Presentation

Company Overview
July 7, 2015
Global Industrial System
Serving the world’s energy industry and other industrial
applications
• Annual manufacturing capacity of six million
2008 Sales by Region
tons of steel pipes
-
3.4 million tons of seamless pipes
-
2.7 million tons of welded pipes
• Manufacturing facilities in 15 countries
• R&D centers in four countries
• Service and distribution network in 33 countries
• 24,000 employees (Dec. 31, 2008)
• Annual net sales: US$12.0 billion (2008)
• Stock exchange listings:
New York, Buenos Aires, Italy and Mexico
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Worldwide Operations
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A History of Industrial Enterprise
• 1930s
Agostino Rocca, Techint’s founder, is Managing Director at Dalmine
• 1954
Tamsa and Siderca begin operations
• 1980s
Siderca expands capacity for export markets
• 1986
Siderca acquires Siat, an Argentine welded pipe manufacturer
• 1993
Siderca and Tamsa form strategic alliance
• 1996
Dalmine joins the strategic alliance
• 1998-2000 Further expansion through the incorporation of Tavsa, Confab,
NKKTubes and AlgomaTubes
• 2001
Launch of Tenaris brand
• 2002
Tenaris becomes a listed company following exchange offer
• 2004
Tenaris integrates Silcotub
• 2006
Tenaris expands in USA, Canada and Colombia through Maverick Tube Corp.
• 2007
With Hydril, Tenaris expands its offer of products and services for the oil &
gas industry
• 2009
Venezuela acquires control over TAVSA
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Integrated Industrial Management
• 4 electric steel shops
• 16 seamless rolling mills
• 32 welded tube mills
• 52 heat treatment lines (28 in hot
rolling mills )
• 78 premium threading lines
• One Quality Management System
(ISO 9001:2000)
• One Health, Safety and
Environment Management System
(OHSA 18000 and ISO 14000)
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Focused on Four Market Segments
Leading global manufacturer and
supplier of tubular products and
services used in:
• Drilling, completion and
production of oil and gas
• Transportation of oil and gas
Oilfield
Services
Pipeline
Services
Process & Power
Plant Services
Industrial &
Automotive Services
• Process and power plants
• Specialized industrial and
automotive applications
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Oilfield Services
A full range of products and services for ever the most
demanding E&P environments
TenarisHydril
• Deepwater
• Deep directional
• Sour gas
• Thermal
• Arctic
• Horizontal and extended reach
• Drilling with casing
• Connections available with Dopeless®
technology
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Oilfield Services
Managing the supply chain from the mill to the well
• Accessories management
• Technical design and product
selection services
• Field support services
• Inventory and pipe
• Consultancy and post-installation
management
services
• Just-in-time delivery to the rig
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Pipeline Services
Advanced line pipe technology for new drilling frontiers
Steel Catenary
Risers
Top Tension
Risers
Bends
Upset SCR TDZ
Flowlines
Buckle
Arrestors
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Process & Power Plant Services
• Close relationship with main HPI process plant
contractors worldwide for the planning and sourcing
of materials for major projects
• Extensive product range including large diameter
pipes of up to 28’’ in special steel grades, able to
withstand high pressure/high temperature and highly
corrosive fluids
• Tenaris Secured Supply Service helps customers
minimize total cost of ownership over life of the
project
• Tailored offer for power gen, including high alloyed
steel grades such as T/P92 and TEMPALOY AA-1
• Strong presence in HRSG and boilers for coal-fired
power plants
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Industrial & Automotive Services
• Focus on highly specialized products including
hydraulic cylinders, gas cylinders, automotive
components such as airbag inflator vessels, and
general mechanical and engineering applications
• Tailor-made products offering longer product
life, weight reduction, better mechanical
properties and cost savings
• High added-value operations at customized
components centers in Mexico and Romania
• Just-in-time deliveries, stocking and
consignment programs to simplify the supply
chain
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An Integrated R&D Network
Four dedicated research centers specializing in:
Argentina Steel making processes
OCTG products
Italy
Rolling processes
Mechanical and power generation products
Japan
Products with high chrome steel level
Mexico
Welding processes
Linepipe products
• Full-scale testing and finite element analysis of new
products
• More than 200 scientists and engineers staffing the
research facilities and nearly half hold Master or
Doctoral degrees
• Collaboration with selected external R&D laboratories,
product testing centers and universities
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Pursuing the Highest Standards
in QHSE
•
QHSE standards and objectives integrated
into all management processes
•
Principles of sustainable development
integrated into all operations
•
Employee health and safety, customer
satisfaction and protection of environment
are equal and absolute priorities
•
Values consider own personnel until 2006. For 2007, figure
is showing own personnel plus contractors.
QHSE policy encompasses suppliers and
the entire supply chain
•
IT tools and continuous training to
enhance awareness of Quality and HSE
issues
•
Constant investment in plants, people and
processes to improve QHSE performance
Sector Approach worldsteel methodology.
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Investing in Human Resources
• Corporate university to align knowledge
and oversee training
• 63 hours of training per salaried employee
in 2008
• Global Trainee Program: 2-year program for
graduate-level entry
• International, culturally diverse team
• Working environment that rewards creativity
and innovative problem solving skills
• Promotion based on employee’s performance,
professional abilities, interpersonal skills and
work commitment
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Community Development
• Conviction that industry contributes to
lasting and equitable economic growth
Investment in Community programs
US$14 million (Budget FY 2008-2009)
• Working together with local authorities
and non-governmental organizations
to promote and obtain support for the
company’s industrial values within the
local communities
• Programs include Roberto Rocca Education
Program, employee home ownership in
Argentina, district heating in Italy, social
inclusion in Mexico and Toni El Suizo’s global
bridge building activities
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Integrity and Transparency
• Code of Conduct applicable to all employees
• Guiding principles of integrity and
transparency for relations between
employees, suppliers, customers and third
parties
• Transparency lines open for employees,
suppliers, customers and shareholders
• Rigorous international standards for
corporate governance, financial reporting
and information disclosure
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Company Overview
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