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Tag: Tenaris SA

Venezuela to control Matesi

Tenaris SA has announced that Venezuela, acting through the transition committee appointed by the Venezuelan Ministry of Basic Industries and Mining, has unilaterally assumed exclusive operational control over the assets of Matesi Materiales Siderúrgicos SA (Matesi).

Tenaris increases production capacity

Tenaris SA (Tenaris) has announced that it plans to increase its production capacity by installing a small diameter rolling mill up to 7in with an annual production capacity of 450,000tns of seamless pipes at its industrial facilities located in Veracruz, Mexico.

Venezuelan HBI plant bought

Tenaris SA and Sidor have signed an agreement with Posven (Venezuela) for the sale and purchase of its assets – principally an industrial facility for the production of pre-reduced hot briquetted iron, or HBI, located in Ciudad Guayana, Venezuela.

Sandvik and Tenaris in strategic alliance

Tenaris will become the world-wide distributor for Sandvik Materials Technology's seamless, stainless steel downhole production tubing and other products.