Luxembourg-headquartered steel pipe and tube producer Tenaris has announced that it has completed its $1.8 billion state-of-the-art seamless pipe mill in Bay City, Texas, US. The company held the formal inauguration ceremony on December 11, before local, state and federal representatives, including US Department of Energy Secretary Rick Perry and Texas Governor Greg Abbott.
Tenaris stated that the new mill has the capacity to produce 600,000 mt of OCTG annually. The Bay City mill is strategically located near key shale plays and reaffirms the company’s commitment to the US market and domestic manufacturing. The facility is a direct response to the resurgence in the US energy industry and the opportunity to shorten and make the industry more competitive through domestic manufacturing of seamless pipes as a key input for drilling shale wells. OCTG produced at the seamless pipe mill in the new mill will be shipped directly to customer rig sites or stored at Tenaris service centers in Bay City, Freeport, Midland or Oklahoma.