business & market news
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Tube Products International January 2012
Centravis operational results
Private joint stock company Centravis
Production Ukraine is a specialised
Ukrainian producer of seamless
stainless tubes. 90% of the company’s
products are exported, to destinations
including the European Union, Russia
and America.
Total Centravis Production Ukraine
output in Q3 2011 amounted to 6,501
tons, 3.8% higher quarter-on-quarter
(QOQ). Total finished tube output in Q3
2011 amounted to 4,077 tons, 4.5%
higher QOQ, while the output of mother
tubes (hot shop semi-finished products
for cold finishing in the cold shop) was
2,424 tons.
Overall output in the first nine months of
2011 increased by 3,512 tons, to 19,164
tons – 22% higher year-on-year (YOY).
Output of finished tubes rose by 2,574
tons (28% higher YOY), reaching 11,803
tons. Mother tube output totalled 7,361
tons, representing a 957-ton (15%)
increase compared to the same period
in 2010.
Shipments of finished products in the
nine months amounted to 12,055 tons,
2,530 tons (27%) higher YOY, while
sales volumes reached US$154.17mn,
US$29.77mn or 24% higher YOY.
The share of sales in priority markets
of Europe and the CIS accounted for
49% and 43% respectively. 5% of the
products were shipped to USA, and 3%
to other markets.
The greatest increase in sales in the first
nine months of 2011 occurred in Europe
(37% higher YOY) and USA (41%
higher). Centravis also boosted sales
momentum in the CIS (20% higher).
Instrumentation tubes sales rose by
114% to 1,134 tons, and furnace tubes
sales increased by 175% to 323 tons.
The company also sustained its sales
momentum in heat exchange tubes, to
1,488 tons (45% higher YOY), and in the
hollow bar segment, which amounted to
1,594 tons (43% higher YOY).
Yuriy Atanasov, CEO of Centravis
Production Ukraine PJSC, noted,
“Centravis operating results are proof
that we have chosen the appropriate
strategy to develop in the segments
with high added value.
“In our outlook for the fourth quarter,
we expect that the company will
continue rising on the key operational
indicators to reach the pre-crisis level in
terms of production and shipments of
products.”
Centravis claims to be the only company
in the world producing seamless stain-
less tubes according to both eastern
(GOST, TU) and western (ASTM, DIN, NF,
UNI) standards. Its products are used in
nuclear and thermal power engineering,
chemical and petrochemical industries,
machine building, and oil and gas
industry, among others.
Centravis Production Ukraine
