Tenaris acquires sucker rod facility in Romania

Friday, 02 March 2012 14:46:44 (GMT+3)   |  
       

Luxembourg-based Tenaris, manufacturer and supplier of seamless and welded steel pipe products, has announced that it has acquired Texas, US-based Cameron International's sucker rod plant, equipment and assets located in the southern Romanian town of Campina.
 
Through the acquisition of the rod mill with an annual output capacity of 500,000 units per year, Tenaris will strengthen its presence in Romania. Tenaris' current rod production capacity will increase by approximately 20 percent with sucker rod manufacturing facilities located in Villa Mercedes, Argentina, in Pindamonhangaba, Brazil, and in Veracruz, Mexico.
 
The new facility will allow Tenaris to meet the growing demand from customers in Europe and the Middle East.

Similar articles

US drawn wire exports up 7.9 percent in February

26 Apr | Steel News

Asian rebar market to keep rising, despite stable ex-China prices this week

26 Apr | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 17, 2024

26 Apr | Longs and Billet

Domestic rebar prices in Taiwan - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Ex-Turkey official merchant bar export prices move sideways

26 Apr | Longs and Billet

US domestic rebar prices remain firm

25 Apr | Longs and Billet

Turkey’s ex-Baltic scrap prices move up, following deep sea prices

25 Apr | Scrap & Raw Materials

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet