Tag: Tubacex

Mr. Ulf Quadflieg has recently been appointed as the TUBACEX Group European Sales Director. He will take a leading role in driving the European Marketing and Sales Operations for all TUBACEX business units.

TUBACEX Group, Spanish manufacturer of stainless steel and high-alloyed seamless tubes, and the European Investment Bank, EIB, have signed a loan agreement for EUR 65M to promote the company's R&D&I activities. It is the first loan received by TUBACEX from the EIB and represents important support to the Group's commitment to the development of tubular solutions that provide an added value for customers.

Outokumpu has announced collaboration with Tubacex, a global stainless steel and high nickel alloys tubular solutions supplier.

TUBACEX, the manufacturer of stainless steel and high-alloyed seamless tubes, has registered a total turnover of EUR 302.5M during the first half of 2015. This figure represents an increase of 9.4% with regard to the same period in 2014, including the integration of IBF and the seamless stainless steel tubes division of Prakash.

TUBACEX has completed the acquisition of 68% of the seamless stainless steel tubes division of the Indian company Prakash Steelage. With this operation, announced in February, the Spanish company also maintains a purchase option on the remaining 32%.

Spanish company Tubacex, who specialize in the manufacture of stainless steel tubular solutions mainly for the oil & gas, petrochemical and power generation industries, has reached an agreement with Indian company PRAKASH STEELAGE to acquire 68% of its seamless stainless steel tube division, reinforcing the position of Tubacex in the fastest growing markets, especially Asia where the company plans to strengthen its presence with new commercial offices. Photo courtesy of Tubacex Group PRAKASH STEELAGE LIMITED is a leading manufacturer of stainless steel pipes and tubes in India also mainly oriented to oil & gas, petrochemical and power generation applications.