Tenaris SA - Company Profile
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Business Description
Tenaris SA (Tenaris), a subsidiary of The Techint Group, is a provider of steel related products. The company carries out the production and sale of both seamless and welded steel tubular products and related services. The company’s clientele base includes companies engaged in constructing oil and gas gathering, transportation, processing, and power generation facilities.
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R&D Overview
Tenaris R&D activities focus on providing new and improved products as well as to optimize its manufacturing processes. It has R&D centers in Argentina, the Netherlands, Mexico, and Italy. The company’s technology center in Houston, Texas focuses on the development of our TenarisHydril Wedge technology. The company focus on developing process controls to reduce energy consumption, minimize rejects, improve product quality, and enhance productivity across its facilities. In FY2022, the company spent US$50.7 million on R&D, which was 0.4% of its revenue and increased 11.9% YoY.
Business Segments
Overview
Produces and distributes seamless and welded steel tubular products and related services. Includes products such as oil country tubular goods (OCTG), casing, tubing, line pipe, and mechanical structural pipes, cold-drawn pipe, coiled tubing, and premium joints and couplings. In North America, it has operations in the US, Canada, and Mexico. In South America, it has operations in Argentina, Brazil, Ecuador, and Colombia. In Europe, it operates in Italy, UK, Denmark, and Romania. In Asia, it operates seamless pipe manufacturing facility in Japan. Operates threading facility for the production of premium joints and accessories in Canada, China, Ecuador, Indonesia, Kazakhstan, Nigeria, Saudi Arabia, the UK and the US.
Performance
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Overview
Includes production and selling of sucker rods, coiled tubing, oilfield / hydraulic fracturing services, utility conduits for buildings, energy and raw materials.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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