Tag: Tubacex
TUBACEX improves its EBITDA
TUBACEX has kicked off the year with an EBITDA of EUR 13M, which is up 67.9% on the same period last year, reaching a margin of 10%, according to the results presented to the CNMV (Spanish Securities Exchange Commission).
TUBACEX to lead Project AMBAR
Tubacex has recently declared that it will lead the Project AMBAR, the main objective of which is to develop Products and Technologies for Oil & Gas Solutions in Marine Environments that will improve and consolidate the technological and commercial position of Basque companies in the sector and thus achieve a remarkable forward leap in the market.
The Basque Country President visits TUBACEX
The President of the Basque Country, Iñigo Urkullu, jointly with Minister for Economic Development and Competitiveness, Arantxa Tapia; Minister for Education, Language Policy and Culture, Cristina Uriarte, and other members of the Basque Government recently visited TUBACEX’s OCTG plant in Amurrio (Spain).
TUBACEX increases market share to withstand crisis
TUBACEX has recently declared that it is increasing its market share in high value-added Premium products, and is significantly improving operationally in a market that continues to be extremely unfavorable.
TUBACEX signs joint venture with Awaji
TUBACEX has recently reached an agreement to create a joint venture with the Japanese company Awaji Materia to manufacture special stainless steel components at its factory in Thailand.
TUBACEX reduces debt and generates benefits
Due to unfavourable market environment, TUBACEX has turned in the sales balance for the first half of 2016 amounted to 261.