Activities
Corinth Pipeworks, a subsidiary of Sidenor Group, is separately quoted on the Athens Exchange and represents Viohalco’s steel pipes sector of Viohalco.
With industrial plants in Greece and Russia, Corinth Pipeworks Group is one of the most reliable pipe manufacturers for energy projects worldwide. The Group mainly produces pipes for oil, gas and water transmission, oil and gas extraction and hollow structural sections for a large number of construction applications.
Corinth Pipework's clients include Chevron, BP, Greek Public Natural Gas Corporation (DEPA), Natural Gas National System Operator S.A. (DESFA), OMV, GRTGAZ, Snam, National Grid, RWE, Spectra Energy, Energy Transfer, Denbury, DCP Midtream, McJunkin, Spartan, EPCO, Spectra, Enbridge, Cheniere Energy, Talisman, STEG, Sonatrach, PDO, OGC, Aramco, Socar, ABB, EDF, TIGF, Saipem, Genesis, Allseas and Subsea 7.
The Group’s high operational efficiency and commercial success is based primarily on its ability to manufacture technologically advanced products and remain up-to-date with the latest developments within its field. On this basis, Corinth Pipeworks collaborates with international research organisations such as the European Pipeline Research Group (EPRG) and the Welding Institute, and regularly participates in research projects that are linked to its core business activities.
Product portfolio
Corinth Pipeworks produces top quality steel pipes for oil, gas, CO2, water and slurry pipelines, as well as casing pipes for drilling operations. The Group also produces a wide range of structural hollow sections for the construction sector. Our long history of innovation and ‘One-stop-shop’ integrated service offerings has helped Corinth Pipeworks become one of the top steel pipe suppliers worldwide.
The Group’s three main product categories are divided as follows:
- Line pipes: These pipes are manufactured either in the Group’s high frequency welding unit (ERW/HFI) or the submerged arc welding-helical unit (S.A.WH) and are mainly used in oil, gas and water transmission networks. The installation of a new LSAW/JCOE pipe mill is underway and will be available at the start of 2015 to manufacture medium and large diameter and heavy gauge pipelines
- Casing pipes:These high-frequency induction welded pipes (ERW/HFI) are used in oil and gas extraction drills
- Hollow structural sections:Used in the construction sector
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Solutions
- Internal and external coating of pipes produced by other pipe manufacturers
- Accredited laboratory for raw material and pipe testing, in accordance with ΕΝ/ISO 17025
- In-house corrosion testing laboratory for sour service applications
- Weld on connector facilities for casing pipes
- Pipe storage
- Supply of pipes or assignment of pipe coating outside the Group’s product portfolio to third party authorised subcontractors, in the context of major project implementation
- Pipe transportation
Key companies
Corinth Pipeworks Group’s key companies are:
Corinth Pipeworks SA is the leading company within the Group in the steel pipes sector. With state-of-the-art facilities in the area of Thisvi in the Greek province of Viotia, it delivers a product portfolio that includes steel pipes for oil and gas transmission and hollow structural sections for the construction industry. The plant is located approximately 1.5 km from the Group’s own port facilities, a strategically important factor enabling the company to offer both more competitive pricing on its products and faster delivery times.
ZAO TMK-CPW is a joint venture between Corinth Pipeworks (through its 100% subsidiary Humbel Ltd., which controls 49% of the joint venture) and TMK, the largest manufacturer of steel pipes in Russia and one of the top three globally. Through its production facilities in Polevskoy, Russia, ZAO TMK-CPW is active in the manufacturing of pipes and hollow structural sections.
Viohalco’s main subsidiaries in the steel pipes sector constituting the Corinth Pipeworks Group are:
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