INTERPIPE NTZ PAT Under the terms of this contract, Interpipe will annually deliver more than 10,000 finish-machined railway wheels and more than 1,000 finished-machined railway axles to its American partners. The first shipments of railway wheels have been already made. The production of axles is scheduled for the Q2 of 2017.
All products will be manufactured in accordance with the standard of Association of American Railroads and additional customer requirements.
Alexander Garkavij, CCO, Interpipe:
- We started to work with Progress Rail Services, the leader of the American railway industry, back in 2014. Previously we conducted several short-term contracts, up to a year. This successful cooperation has enabled to sign of a new multi-year contract. In addition to that, we are expanding the framework of our partnership. Thanks to our continuous endeavour on the mastering of new products and the investments made, this year we will commence deliveries of finish-machined railway axles to the American market.
Background:
Interpipe is global producer of steel pipes and railway wheels, based in Ukraine. The company's products are marketed in more than 80 countries around the world through a network of sales offices located in key markets of Ukraine, the CIS, the Middle East, North America, and Europe. In 2016 Interpipe supplied 572,000 tons of pipe and wheel products. The company's workforce makes up 11,500 employees.
Contact details for the mass media:
Irina Stupachenko
Phone: +380 67 563 59 42
Irina.Stupachenko@interpipe.biz
INTERPIPE Nyzhnodniprovsky Tube-Rolling Plant PJSC published this content on 23 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 February 2017 09:46:10 UTC.
Original documenthttp://www.interpipe.biz/en/media/newsone/293/1
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