Voestalpine Will Supply Heavy Plate for South Stream Pipeline

This year sees the voestalpine Group securing its third major contract in the pipeline business. Following the first, now completed, contract for the Russian-European pipeline project South Stream, and for Rota 3, a pipeline project in Brazil, voestalpine will deliver 120,000 tons of sour-gas-resistant, high-strength linepipe plates for the second South Stream pipeline by spring 2015. The South Stream contract is not affected by sanctions. Further negotiations are also currently underway concerning extremely challenging pipeline projects.

As with the first South Stream pipeline, 35 percent of the project volume goes to voestalpine’s long-term Russian partner OMK, which will source around half of its requirements for highest quality heavy plate from Linz. The contract again highlights the professional nature of the partnership between voestalpine Grobblech and Russian tube manufacturer OMK which stretches back over many years. The material being supplied includes highest quality sour-gas-resistant, high-strength linepipe plates. Delivery is scheduled to take place from December 2014 through to spring 2015.

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