At the end of 2012, the inauguration of the upgrade to the large extrusion press was held at Product Area Tube in Sandviken, Sweden. This latest and extremely important investment has resulted in an enhanced capability and increased capacity for extruded stainless steel tubes. It means that Sandvik is now equipped to strengthen its position and maximize growth in strategically important world markets, such as OCTG for the oil and gas segment. Sandvik can also claim one of the safest operating extrusion presses in the world.