Professional Documents
Culture Documents
TGB 2006
TGB 2006
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More than one hundred companies operating worldwide, many of them global
or regional leaders in their field, with deep roots in the countries where
they operate, each with its own objectives and strategies, but all partaking an
original philosophy of long term presence, commitment to local development,
and a passion for quality and technology: this is the Techint Group, which in
the financial year ended on June 30, 2006 had total revenues of USD 16 billion,
and on that date counted 60,500 employees worldwide.
Main companies include: Tenaris, the leading global supplier of tubular products
and services used in drilling, completion and production of oil and gas, in process
and power plants, and in specialized industrial and automotive applications;
Ternium, a leading Latin American supplier of flat and long steel products, produced
in three world class integrated steel mills located in Argentina, Venezuela and Mexico,
with an overall capacity of nearly 11 million tons per year; Techint E&C
(Engineering and Construction), a group of companies rooted in Italy, Argentina,
Mexico and other Latin American countries, specialized in the design and
construction of pipelines, oil and gas facilities, petrochemical plants, power plants
and transmission lines, mining and metal complexes, and other infrastructure and
civil projects; Tenova, with companies operating in five continents that supply - with
innovative technologies - direct reduction plants, melt shops, secondary steel
making, reheating furnaces, heat treatment furnaces, strip processing lines, roll
grinders, automated roll shops, and bulk material handling systems; Tecpetrol,
active in oil and gas exploration and production in several Latin American countries,
which also promotes and manages natural gas transmission and distribution
networks in the region; Humanitas, that holds a number of research-committed
health care institutions of high complexity in Italy, managed through a patient
oriented approach relying on a generalized application of state-of-the-art integrated
information technology systems.
HIGHLIGHTS 2
Values 7
Activities 8
T E C H I N T G R O U P C O M PA N I E S 26
Tenaris 28
Ternium 36
Tenova 50
Tecpetrol 54
Humanitas 58
Addresses 64
w w w . t e c h i n t g r o u p . c o m
The Techint Group
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This publication serves the purpose of presenting the Techint Group and illustrating its main activities
in the financial year running from July 1st, 2005 to June 30, 2006. It is based on information available as of August 31, 2006.
H i g h l i g h t s
TECHINT GROUPGrafico BGrafico B
CONSOLIDATED Grafico CGrafico C
COMPANIES' HIGHLIGHTS
(million USD)
2005-06 2004-05 2003-04 2002-03 2001-02
Revenues 15,932 11,325 6,421 6,267 5,698
Capital expenditures* 904 650 347 360 388
Total assets 17,630 12,487 8,374 7,611 7,455
Permanent employees 44,900 35,900 26,800 27,100 26,700
* Increase before depreciation of tangible and intangible assets gross of divestitures.
REVENUES PERMANENT EMPLOYEES
USD million
USD million HeadcountHeadcount
16,000 16,000 50,000 50,000
40,000 40,000
12,000 12,000
30,000 30,000
8,000 8,000
20,000 20,000
4,000 4,000
10,000 10,000
01/02 01/02
02/03 02/03
03/04 03/04
04/05 04/05
05/06 05/06 6/30/02 6/30/03 6/30/03
6/30/02 6/30/04 6/30/04 6/30/05 6/30/06
6/30/05 6/30/06
Te n a r i s TENARIS:
SHIPMENTS OF TUBES
TENARIS:
SALES BY REGION, 2005-06
Seamless
Seamless Welded Welded
Thousands of metric
Thousands of tons
metric tons
3,500 3,500
3,000 3,000
2,500 2,500
2,000 2,000
Te r n i u m TERNIUM:
SHIPMENTS OF STEEL PRODUCTS*
TERNIUM:
SHIPMENTS BY REGION IN 2005-06*
Flat products Long products
FlatThousands
products of metric tons Long products
Thousands of metric tons
9,000
9,000
6,000
6,000
2
Work performed Backlog of orders*
USD million
Grafico H 800
USD million
Argentina 212
600 Brazil 175
Mexico 450
Other America 210
Europe, Middle
Grafico H * At end & Far East, Africa 619
01/02 02/03 03/04 04/05 05/06 of period. Total 1,666
600
USD million
TECPETROL: OWNED PRODUCTION TECPETROL: OWNED RESERVES Te c p e t rol
Argentina 212
Million
Million Brazil
bbl ofbbl oil equivalent 175
oilofequivalent Million bbl ofbbl
Million oilofequivalent
oil equivalent
Mexico 450
24 24 Other America 210 400 400
Europe, Middle
& Far East, Africa 619
18 18 Total 1,666 300 300
12 12 200 200
6 6 100 100
01/0201/02 03/0403/04
02/0302/03 05/0605/06
04/0504/05 6/30/02 6/30/03
6/30/02 6/30/04
6/30/03 6/30/05
6/30/04 6/30/06
6/30/05 6/30/06
100000
100000 Other Far East 103 1,200
1,200
Middle East & Africa 81
80000 North &
80000
South America 91 900
900
Total 725
60000
60000
600
600
40000
40000
300
300
20000
20000
01/02 02/03
01/02 03/04 04/05
02/03 03/04 05/06
04/05 05/06 01/02 02/03
01/02 02/03 03/04
03/04 04/05
04/05 05/06
05/06
3
Origins and Expansion
"C ompagnia Tecnica Internazionale" - soon named TECHINT after
the original telex code - was founded as an international corporation
in 1945. The founder, Agostino Rocca, was an innovative engineer,
manager and entrepreneur, and a key force behind the development
of the Italian steel industry in the 1930s.
Fueled by Mr. Rocca's vision, the company expanded and diversified its original activities
by building and then operating two seamless steel tube plants, one in Veracruz (Mexico)
and the other in Campana (Argentina). Both plants began production in 1954. In the late
1960s a flat steel cold-rolling facility was built in Ensenada (Argentina), which was
meant to be the first step of a planned fully integrated operation. Steel manufacturing was
now the main industrial activity of the Techint Group.
In the 1960s and 1970s engineering and construction (E&C) activities were developed
further, establishing Techint as one of the world's major pipeline builders, and a supplier
of turnkey plants for productions ranging from steel to petrochemicals. In sixty years
of activity, Techint E&C has successfully completed around 3,500 projects in more than
50 countries, and is presently engaged in large industrial and infrastructure projects
worldwide.
The Techint Group's steel pipes business also continued to grow. In the mid-1980s it
undertook a major, export-oriented expansion of the Campana mill, and acquired Argentine
welded pipe maker Siat. In the 1990s it also acquired control of the Veracruz mill in
Mexico and the Dalmine seamless pipe mill in Italy. Steel pipe manufacturing facilities
were also, in time, acquired in Brazil, Venezuela, Japan, Canada, and more recently
Romania. At the end of 2002 Tenaris, the company under which all the manufacturing
and service activities in the steel pipe business were grouped, was quoted on the stock
exchanges of New York, Milan, Mexico and Buenos Aires. In October 2006 Tenaris
announced the acquisition of Maverick Tube Corp., a leading North American producer
of welded oil country tubular goods (OCTG), line pipe and coiled tubing for use in oil and
natural gas wells. Today, Tenaris is the leading global supplier of tubular products and
services used in drilling, completion and production of oil and gas, in process and power
plants, and in specialized industrial and automotive applications. Tenaris has been
strengthening its competitive position in time by securing power generation and basic steel
production capacity, and continues to invest heavily in research to develop high-end
products and processes.
4
Cold rolling of flat steel in Argentina continued to grow through the 1980s. In 1992 the
Group acquired a majority share of Somisa, the largest integrated flat steel plant in
Argentina, and brought it up rapidly to international production standards through a
major investment program. Steel coating and processing capacities were also expanded
through investments and acquisitions. All Argentine flat steel facilities were then
integrated in Siderar, which today is part of Ternium, a public company that also has the
control of Sidor, Venezuela - one of the largest and most efficient plants in Latin America -
which was acquired in 1997. In August, 2005 Ternium acquired Hylsa, the largest steel
manufacturer in Mexico, and the one with the highest level of vertical integration, whose
activities range from the extraction and processing of iron ore to the manufacturing of
high value-added steel products. Ternium is carrying out important investments in the
three steel mills in order to increase production, improve quality and draw synergies from
process integration and product specialization.
The Techint Group experience and skills in plant making have, since the beginning,
been accompanied by the in-house manufacture of heavy equipment and industrial
machinery. Starting in the 1980s, a series of acquisitions and expansions in Italy had
multiplied the portfolio of products and leading technological solutions, particularly
for the metals and raw materials industries. A more recent, international expansion
has increased the business’ scope and global presence - under the new Tenova
brand - with a product line that includes direct reduction plants, melt shops,
secondary steel making facilities, reheating and heat treatment furnaces, roll grinders
and roll shops, bulk material handling systems, as well as products and technologies
for the rubber and plastics, glass and rock wool industries.
During the 1990s the Techint Group also invested in oil and gas blocks in Argentina
through exploration and production company Tecpetrol. In time, the company has
acquired operations in Venezuela, Bolivia, Brazil, Ecuador, Mexico and Peru. Through
5
businesses, such as TGN in Argentina and TGP in Peru. The latter holds the concession of
the two Camisea trans-Andean pipelines, one for gas and one for liquids, whose
construction has been one of the most challenging projects ever undertaken by Techint.
Tecpetrol continues to pursue the development of energy infrastructure projects in the
Southern Cone, a synergic field of activity involving all the major strengths of the Group.
In Italy, the Techint Group entered the health services sector in the mid 1990s by building
and managing Istituto Clinico Humanitas, a state-of-the-art hospital and medical
research institute near Milan. Specialized company Humanitas has subsequently
acquired controlling interests in other important private hospitals in Bergamo, Turin and
Catania, where the successful technology-based and patient-oriented management
model, which was adopted in Istituto Clinico, has been replicated.
Overall, the Techint Group comprises more than 100 companies operating worldwide with
a workforce of experienced professionals and skilled workers numbering 44,900
permanent employees. The global annual turnover of companies of the Techint Group,
public and non-public, is nearly USD 16 billion. The magnitude of operations of the main
companies of the Techint Group may be gleaned from the following table ■
Tenaris: total (seamless and welded) tubes production in 2005-06 (‘000 tons) 3,300
Ternium: shipments of steel products in 2005-06 ('000 tons) 8,490
Techint E&C: backlog of work as of June 30, 2006 (millions of USD) 1,666
Tenova: backlog of work as of June 30, 2006 (millions of USD) 726
Operated oil and gas production in 2005-06 (million bbl of oil equivalent) 38.0
Humanitas: ordinary and day hospital admissions in 2005-06 85,800
6
Va l u e s
T echint Group companies share an original
philosophy of long term presence, commitment
to local development, and a passion for quality
and technology. The success and growth of the
Group also reflect a management approach
based on continued investment in human
resources and the development of individuals’
capacities and responsibilities in a working
environment where teamwork is as essential as
a single’s drive and initiative. People with a
spirit of enterprise, rooted in national realities
but with their sights set on the world, have
allowed Techint to successfully meet the
challenges of the internationalization and the
diversification of its activities.
The management of Techint Group companies is renowned for its professionalism and for
the strict financial and operational control it exercises over all ventures. Thus, Techint
Group companies are ideal partners for business initiatives, and have often set up joint
ventures with both local and foreign partners wherever they have an established presence.
Respecting the philosophy of its founder, it is not the policy of the Techint Group to engage
in purely financial activities ■
7
A c t i v i t i e s
Toni Ruttiman is a humanitarian bridge builder who has been working since 1987 to unite isolated rural communities
in Asia and Latin America. Tenaris has provided Toni with enough steel tubes to build around 100 bridges such as
this one in the state of Veracruz, Mexico.
D uring 60 years of activity, the companies of the Techint Group have evolved, building upon
the vast amount of experience gained in such areas as steelmaking; building of complex
infrastructures; industrial plants design and assembly; oil and gas exploration and
production; and selected public services. All along, companies have maintained a deep
commitment to efficiency, quality, integrity and respect of the value of individuals,
promoting health and safety among employees, being careful of the impact of operations
on the environment, establishing transparent and constructive relations with local
communities, establishing long term relationships with clients and suppliers. Today,
the companies of the Techint Group are active in a small number of clearly
circumscribed realities, where they have a global or regional prominence:
• Tenaris has a leading global presence in seamless and welded tubular products,
technologies and services for the oil and gas industry and other industrial uses;
• Ternium is a supplier of flat and long steel products with a leading reach in the
Latin American region;
• Techint Engineering and Construction is involved in major projects on a world
scale, and is internationally recognized as top ranking builder of pipelines;
8
• Tenova offers a number of world leading technologies and capital goods for the
metals, raw material, rubber and plastics and rock wool industries worldwide;
• Tecpetrol is involved in oil and gas exploration and development, as well as in gas
transmission and distribution projects in the South American region;
• Humanitas has established a relevant presence in the supply of health services in
Italy managed with a technologically advanced, patient oriented approach.
Tenaris
Tenaris is the leading global manufacturer and provider of tubular products and
services used in the drilling, completion and production of oil and gas, and a leading sup-
plier of tubular products and services used in process and power plants and in
specialized industrial and automotive applications. Tenaris offers advanced product
technology and integrated supply chain management services on a global scale to
customers such as the world's major oil and gas companies, as well as engineering and indus-
trial companies. With manufacturing facilities in Argentina, Brazil, Canada, Colombia,
Italy, Japan, Mexico, Romania, the USA and Venezuela and a proprietary global service and
distribution network present in over 20 countries, Tenaris has an annual production
capacity of 3.3 million tons of seamless, and 2.7 million tons of welded pipes, and employs
22,500 people worldwide. Tenaris is at the forefront of developing the tubular technologies
required not only to operate in the most demanding oil and gas fields, but also in high
performance mechanical and structural applications. Tenaris is a public company with its
shares listed on the New York Stock Exchange and in Buenos Aires, Italy and Mexico; it
adheres rigorously to international standards on corporate governance, financial trans-
Ternium
A manufacturer of flat and long steel products, Ternium consolidates the operations
of the steel companies Hylsa (Mexico), Siderar (Argentina) and Sidor (Venezuela).
Ternium manages highly integrated processes to manufacture steel and value-added
products and services. It is one of the leading steel companies in Latin America with
an annual crude steel production capacity of nearly 11 million tons per year.
Ternium manufactures a wide range of products through integrated processes
that involve the extraction of iron ore from its own mines. These include semifinished
steel, flat-rolled products, long products, welded tubes and beams, and roll-formed
products. Ternium shares the Techint Group's high standards of quality, efficiency
and industrial technology. Ternium is a public company with its shares listed on the
New York Stock Exchange; it adheres rigorously to international standards on
corporate governance, financial transparency and information disclosure.
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Techint Engineering and Construction
Thanks to its widespread and consolidated experience, Techint Engineering and
Construction (Techint E&C in brief) has a proven capacity to design and implement large
infrastructure projects, even in the harshest terrain and in accord with today's stringent
environmental requirements. As primary contractor for crude oil and
natural gas pipelines, Techint E&C has installed over 70,000 kilometers of pipelines,
including 16 pipelines laid on the Andean mountains, some reaching altitudes of 5,000
m above sea level. Techint E&C is also active in a number of other infrastructure fields
such as water and waste treatment plants, water and mineral pipelines, telecommunications
networks, power plants and transmission lines, information technology and automation
systems, railways, roads and highways, marine terminals, bridges, dams, and airports.
Techint E&C operates in a number of countries (details in the Techint Group
Companies section of this publication), and has developed different areas of business
and know-how in order to satisfy specific needs in the countries where it is active,
sharing expertise with other companies of the Group.
Tenova
Tenova constitutes a major international supplier of advanced technological solutions
for the metals and raw materials industries worldwide, targeting the need for quality,
efficiency and environmental safeguards of its clients. Its product portfolio embraces
several technologies and renowned brands with numerous references in all countries
(for details, see the Techint Group Companies section of this publication).
Tenova’s product lines include direct reduction plants, melt shops, secondary steel
making, reheating furnaces, heat treatment furnaces, strip processing lines, roll
grinders and automatic roll shops and bulk material handling systems. Tenova also
operates in the rubber and plastics and in the glass and rock wool industries with two
specific business units. It has recently carried out an external expansion strategy to
complete the offering in terms of technologies and products, and to widen and
strengthen its geographical presence.
Tenova operates as a special Division within the privately held Techint E&C Company in Italy.
It has headquarters in Milan and Genoa, and operational units in Australia, Austria, Brazil,
Canada, China, Germany, India, Mexico, Poland, Russia, South Africa, and the USA.
Tecpetrol
The Techint Group has a long-standing record of involvement in the development
of Latin America's potential for energy development and integration. With privately
held Tecpetrol, the Techint Group is active in the development, operation and
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exploration of oil and gas fields in Argentina, Bolivia, Ecuador, Mexico, Peru
and Venezuela. Tecpetrol is also involved in the operation of gas transmission
companies, among them TGN, the Northern Gas Transportation company in
Argentina, and TGP, the Camisea pipelines company in Peru, as well as other
energy-related developments in the Southern Cone. Synergies are achieved with
Techint Engineering and Construction, a top ranking builder of oil and gas pipelines
and facilities worldwide.
Humanitas
In Italy, the Techint Group is active in health care through Humanitas and the
Humanitas Group. Humanitas promotes, implements and manages health care
initiatives. The Humanitas Group includes the well established, research focused
Istituto Clinico Humanitas (ICH) hospital near Milan, built by Techint, and prestigious
private hospitals in Bergamo, Turin and Catania. The delivery of health care in these
structures is based on Humanitas' economically successful, patient oriented
management model, supported by state-of-the-art systems of integrated information ■
11
T h e 2 0 0 5 - 0 6 Ye a r i n R e v i e w
Tenaris
12
Tenaris. These included a new R&D Industrial School to manage training
laboratory in Mexico; the revamping in the company’s industrial and
of the ERW (Electric Resistance technical areas such as steelmaking,
Welding) line in Brazil; a new pipe rolling and finishing, quality,
ultrasonic tester in Italy; the revamping product development and industrial
and the expansion of tube testing management. Finally, Tenaris
facilities, as well as a new dispatching co-sponsors a fellowships program
line in Argentina; and new testing for students in engineering and the
lines in Romania. applied sciences. The first scholarships
Welded pipe production capacity in under this program, which takes the
Argentina was increased through the name from the Techint Group’s late
acquisition of assets and facilities in Chairman Roberto Rocca, were
the Santa Fe province, with an awarded at the end of 2005-06.
annual capacity of 80 thousand tons. In October 2006, Tenaris also
Work also proceeded, at the Dalmine announced the closing of the
mill in Italy, on the construction of agreement through which Tenaris is
the new 120 MW, combined cycle acquiring Maverick Tube Corp., a
power generation plant, with an leading North American producer of
associated residential heating project welded oil country tubular goods
for the municipality that will use the (OCTG), line pipe and coiled tubing
residual steam from the plant. for use in oil and natural gas wells.
Tenaris’s investments were not limit- With operations in the United States,
ed to physical plant, but included, Canada and Colombia, the newly
even more importantly, human acquired assets have a combined
capital. During the 2005-06 year annual capacity of nearly 2 million
TenarisUniversity began to function tons of steel pipes with a size range
as the company’s corporate center in from 1/4 inch to 16 inches. With this
charge of employee training and acquisition, Tenaris will gain full
knowledge management, with a access to the energy sector in the
mission to capture, organize, enrich United States and Canada, offering a
and transfer knowledge assets in full range of products for applications
order to build and sustain Tenaris’s from onshore shallow wells to
YEAR IN REVIEW
13
Ternium
14
usher into the next 15 year direct reduction of mineral, the A
campaign, but also introduce module of the Midrex II plant.
state-of-the-art technology and During 2005-06, Ternium Hylsa
increase the pig iron capacity of underwent a reorganization process
the plant. aimed at integrating its operations
In February 2006, Ternium Siderar and know-how with those of
invested USD 55.2 million dollars to Ternium Siderar and Ternium Sidor.
acquire two new facilities in the The commercial structure was also
provinces of Santa Fe and San Luis. redesigned to gain efficiencies.
These industrial units have a Besides the integration investments
capacity of 140 thousand tons per in the area of systems, offices, and
year of welded tubing for structural environmental quality, operations
uses, electrical conduits and were improved through the closing
mechanical applications, and allow of the obsolete, ingot-casting No. 1
Ternium Siderar to broaden its Steel Shop and the revamping of the
product portfolio and offer hot rolling mill that is now being
improved services to its customers. supplied with slabs from Ternium
Investments in the Venezuelan Sidor.
facilities of Ternium Sidor included In April 2006, Ternium Hylsa
two gas separation plants that will acquired Worthington’s 50% interest
produce an average of 600 tons per in Acerex, obtaining full ownership.
day of oxygen, nitrogen and argon Acerex is a steel service center located
in gas and liquid forms, and an in Monterrey, with a capacity to
additional revamping in the area of process a half million tons per year ■
YEAR IN REVIEW
15
Techint Engineering and Construction
PIPELINES
• InandSaudi Arabia, Techint is carrying out the works for the “Khursaniyah Downstream
Upstream Pipelines” project for Saudi Aramco: overall, 484 km of pipelines, with
diameters from 16” to 40”, will be constructed under a LSTK contract.
• In Costa Rica, Techint is carrying out the construction of a 123 km, 12” multiproduct
pipeline from Limon to La Garita on behalf of Recope; the scope of work includes three
pumping stations and two terminal stations.
• In Mexico, an EPC contract was awarded in December 2005 by Green Energy, a
Mexican power developer controlled by US financial group, for the construction of a
65 km, 24” pipeline in Queretaro state, including a compression station.
• In Mexico Techint is also carrying out works for the construction of the 130 km,
36” Tamazunchale gas pipeline on behalf of Transcanada.
• In Argentina, the works for the El Mangrullo Gas Pipeline project, developed for
Petrobras Energia S.A., are under way. They include the construction of a 12" 60 km
long gas pipeline.
• In Argentina, Techint completed the 2005 North Gas Pipeline Loops Expansion Project
for Transportadora de Gas del Norte (TGN) involving the construction of 192 km of
pipelines across the provinces of Salta, Jujuy, Tucumán, Catamarca and Córdoba. As a
subcontractor for Odebrecht, that delivered the project to Transportadora de Gas del
Sur (TGS), Techint also laid in the Buenos Aires province 160 km of 36” loops for the
2005 San Martín and NEUBA II Gas Pipelines Expansion Project.
• InMitsubishi
Mexico, the consortium integrated by a Black & Veatch - Techint joint venture,
Heavy Industries and Vinci Construction Grands Projects is carrying out the
construction of a Liquefied Natural Gas (LNG) regasification terminal located in Baja
California, on behalf of Sempra Energy. As part of the same project, a company set up
by Techint and Tanko SpA (Tanks Technologies) is executing the electromechanical work
for the cryogenic tanks on behalf of MHI.
• In Mexico, Techint is also building a nitrogen rejection plant in the Cantarell gas field
for state oil company Pemex; it will be the highest capacity such plant ever built.
• In Nigeria, after completing the commissioning of works related to trains 4
and 5 at the Bonny Island LNG complex on behalf of the TSKJ joint venture,
the same client awarded Techint a new contract for the electromechanical
16
erection of the off-sites related to the 6th train at the same site.
• In Nigeria, at the end of 2005-06 Techint was also assigned by KBR and
Snamprogetti the contract for the electromechanical erection of the new gas-to-liquids
plant to be built in Escravos.
• In Saudi Arabia, the EPC contract for the Haradh oil & gas separation plant (GOSP III)
was completed and delivered to Saudi Aramco in April 2006.
• Also in Saudi Arabia, the utilities and off-sites package for the Rabigh Development
project that Techint was building on behalf of Saudi Aramco and Sumitomo
Chemical was completed and delivered in May 2006.
• In Peru, Techint is developing the Camisea Expansion project. The client is
Pluspetrol Peru Corporation S.A., and the works will increase the processing capacity
of two gas/liquids separation facilities.
• In Brazil, Techint provides industrial maintenance services and works on the revamping
of the Petrobras platforms located in Bahia de Campos, Macaé, Rio de Janeiro. The
construction works at the PRA-1 offshore pumping platform for Petrobras continue.
• In April 2006, Cacouna Energy (a partnership between Transcanada and
Petrocanada) awarded the Front End Engineering and Design (FEED) contract for its
proposed liquefied natural gas (LNG) facility at Cacouna (Quebec, Canada) to the
international consortium composed by Techint, Sofregaz, Vinci Construction Grands
Projets and Entrepose.
• recovery
In Italy, the revamping of the existing gasoil hydrodesulphurization and sulphur
plants at ENI's Venice refinery has been completed.
• Copesul.
In Brazil, Techint completed the electromechanical assembly of an ethylene furnace for
• Inhydrodesulphurization
Argentina, Techint has been awarded a contract to build a Gas-Oil “B”
unit, a brittle gases “Amine C” unit, and an Fcc
naphtha-sweetening unit in joint venture with SENER for the HTG project. The works,
undertaken for Repsol YPF, are already under way.
• Also in Argentina, the works for the URA Plant Project are being developed on behalf
of Petrobras Energia SA. They include a sulphur recovery unit with a daily capacity of
10 tons, among other facilities. Also, as part of the ESSO Clean Fuels project several
processing units shall be built in order to produce clean fuels in Argentina. Techint will
carry out this EPC contract for ESSO.
POWER PLANTS
17
POWER AND TELECOMMUNICATIONS LINES
• Incompleted
Mexico, the Transmission Line 609 project in the states of Sonora and Nayarit was
in July 2005: the project involved 3 power lines in 400 kV for a total length
of about 700 km, and 6 substations.
• Again in Mexico, the Comisión Federal de Energía (CFE) awarded Techint, in
partnership with Isolux and Abengoa, two new contracts for the installation of a
telecommunications network in the Central and Northern regions. Techint’s scope
of work comprises the installation of nearly 2,500 km of optical ground wire in high
voltage transmission lines and the installation of the complete communications
equipment in more than 50 substations.
• In Central America, Techint has been awarded the contract for the SIEPAC Project
(Electrical High Voltage Interconnection of Central America), on behalf of a partnership
among some of the local transmission companies. The lot assigned to Techint includes
more than 800 km of 230 Kv power lines in Guatemala, El Salvador and Honduras.
• In Argentina, Techint is providing personnel and equipment for the assembly and
maintenance of power transmission lines. The client is Tecpetrol S.A.
• Inincluded
Argentina, the Veladero Gold Mine project, which together with the mine’s facilities
the engineering and construction of the 160 km long, 8 meter wide, access
road to the open pit gold mine, was completed for Barrick Gold in October 2005 and
commissioned in February 2006.
• In Brazil, the consortium formed by Techint and Usiminas Mecánica has completed the
expansion project of the Alunorte aluminum plant located in the state of Pará.
• Also in Brazil, Samarco Mineração S.A awarded Techint a contract to build the 396 km,
16 inches Samarco iron ore slurry pipeline. The works are already under way.
• In Chile, the works for the El Mauro Tailings Dam project for Minera Los Pelambres are
in progress. They include the construction of two 60 km, 42 inches and 36 inches
pipelines and associated facilities.
ARCHITECTURAL WORKS
• InHollywood
Buenos Aires, Argentina, works are under way on the 5,800 covered square meters
I, and the 6,200 covered square meters Hollywood II Towers.
• of the Humanitas clinic that will house a rehabilitation center and the facilities of the
In Milan, Italy, work is continuing on the Perseghetto building, a major extension
INFRASTRUCTURES
• InVialidad:
Argentina, Techint is carrying out two projects for Dirección Nacional de
one is the construction, repaving and maintenance of the 105 km “Malla 332”
set of roads in the province of San Juan; the other one involves works on the Route
N°3, Laguna Khami-Rancho Hambre section, in the province of Tierra del Fuego.
• Again in Argentina, work for the “A” Subway Line modernization project was resumed.
Techint participates through a 50% joint venture with Benito Roggio e Hijos S.A.
The client is the National Transportation Office.
• Beginning September 2005, Techint has been executing the works for the renewal
of the TBA rail tracks on behalf of Trenes de Buenos Aires in Argentina.
• In Brazil, SABESP awarded Techint a contract to develop the Barueri project, which will
upgrade the capacity of the Drain Treatment Station (ETE Barueri). It will be executed
under trust with Pieralisi.
18
Tenova
Tenova is the proposed new brand name that covers all activities in plant
making and industrial machinery, which heretofore were designated as being
part of Techint Technologies. The rebranding has been a necessary step to
define the identity of a growing business, parts of which already had, or have
now acquired, world leadership.
The 2005-06 period witnessed an impressive growth of the businesses under
Tenova.
At the beginning of the fiscal year, HyL Technologies SA de CV became part
of Tenova. The company, which is based in Monterrey, Mexico is world leader
in the supply of gas based direct reduction plants through its worldwide
renowned technology. At the beginning of 2006, HyL Technologies entered an
alliance with Danieli to supply HyL direct reduced iron (DRI) plants
worldwide under the brand name of HyL Energiron.
In March, 2006 Tenova entered an alliance with Danieli to supply the
Consteel® technology to steelmakers worldwide. The two companies
decided to join their efforts, knowledge and world market presence
in this field to offer the Consteel® technology as the only system for
continuous charging and preheating of steel scrap in electric arc furnace
(EAF) steelmaking.
In April, 2006 Tenova, with the participation of SMS Demag, acquired the LOI
Group, with headquarters in Essen, Germany. LOI is an international supplier of
high-quality industrial furnaces for the steel and aluminum industry. LOI has
a strong presence in Germany, China, Poland and India and is world leader
in the heat treating furnace market.
At the end of the fiscal year Tenova acquired Key Solutions, a company based
in Vienna, Austria. Key Solutions is an important player in acid regeneration
plants, through both fluidized bed and spray roast technology, that will add
value to the pickling lines competences already present in Tenova.
At the end of the fiscal year Tenova and Hypertherm, an Indian engineering
company focused on the reheating furnace business, set up a joint venture:
YEAR IN REVIEW
Techint Hypertherm Pvt Ltd. The new company, based in Mumbai, aims to
become leader in the supply of reheating furnaces to the booming Indian steel
industry.
Just after the end of the fiscal year, Tenova acquired Pyromet Pvt Ltd, a South
African company based in Johannesburg, leader in the engineering, supply
and construction of Submerged Arc Furnaces as well as complete smelting
plants for the production of ferroalloys and base metals.
During 2005-06 the construction of the Timec workshop in Tianjin, China has
proceeded. The inauguration is scheduled for October 2006. Timec will
19
fabricate high quality plants and equipment for Tenova and for third parties
in the metal industry and in other industries.
Some of the main contracts for Tenova’s services and technologies in 2005-06
are listed below. They represent the more prominent part of an activity that in
the 12 months period ended on June 30, 2006 resulted in overall sales of
USD 413 million, with a backlog of USD 726 million as of that date.
MELT SHOPS
• Thep ®
Consteel orders have been received for Sovel in Greece, TSW in Germany and
® th
Viet in Vietnam. Another Consteel -EAF at Hengly - the 8 Consteel in ®
• Multi-EAFs projects are ongoing in India, at Bhushan Limited, where 2 EAFs and
2 LFs will be installed next year, and in Libya for the supply of 3 EAFs and an
additional LF for Lisco.
FURNACES
• Reheating furnace supply contracts have been signed with: Bhushan Steel &
Strip LTD (two furnaces) and Jindal Steel Power, in India; Hylsa Monterrey,
Mexico; Mittal Steel, Poland.
• Heat treatment furnace contracts have been signed with: Trinec, Czech Republic
(3d furnace supplied); TenarisTamsa, Mexico (four furnaces); Siderca, Argentina;
Vallourec & Mannesmann Tubes (two furnaces); Edelstahl Witten-Krefeld,
Germany (two furnaces).
• Two furnaces for Hadeed, Saudi Arabia; the reheating furnace for Edelstahlwerke
Suedwestfalien; the reheating furnace of the rail mill for NKMK, Russia; and the
preheating furnace for Vallourec & Mannesmann Tubes have been successfully
started up and the performances have been achieved.
• In Germany, final acceptance has been received for two reheating furnaces for
Saarstahl in Neukirchen and Neuweiler; a walking beam furnace for ThyssenKrupp
Steel in Duisburg-Beeckerwerth; and the reheating furnace for Georgsmarienhuette
in Osnabrueck, as well as for the revamped reheating furnaces for ThyssenKrupp
in Bochum and Mannesmann Roehrenwerke in Muelheim.
20
STRIP PROCESSING LINES
• Acceptance was received with regard to the revamped pickling line and new acid
regeneration plant at Lisco, Lybia; the pickling line and recoiling line at MSC, Iran;
the new push-pull pickling line for Tezcan, Turkey; the new color coating line for
Lilama in Hanoi, Vietnam; the complete revamping of a tinning line for Baosteel
in Shanghai, China.
• The push-pull and semi-continuous pickling line for Duferco, Belgium and
a bright annealing line for stainless steel at ThyssenKrupp Mexinox, Mexico have
been put into production. Two chemical coaters with ovens for galvanizing lines
have been delivered to Angang, China.
• New contracts include: a new thermo flattening and coating line for electrical steel
at NMLK in Lipetsk, Russia; the complete automation and electrical revamping of
a pickling line at Duferco, Belgium; a chemical coater for galvanizing line for the
Ilva-Riva Group in Genoa and one for Marcegaglia, Italy; a chemical coater and
oven in a galvanizing line for La Magona Arcelor Group, Italy.
MATERIAL HANDLING
• Final acceptance was received from CVRD for the shiploader installed in São Luis,
Brazil; CVRD also issued a preliminary acceptance for the new stacker and belt
conveyors in Carajas, Brazil; preliminary acceptance has been obtained from Black
& Veatch for the two crab shipunloaders and two stacker-reclaimers supplied for
the new power plant of Tanjung Jati, Indonesia.
• New contracts were signed for: four continuous shipunloaders for the Enel Power
Plants in Brindisi and Torrevaldaliga, Italy; a shiploader with conveyors for ash and
gypsum for the Enel Power Plant in Civitavecchia, Italy; a belt conveyor system for
DRI with a 2.000 t/h stacker for Danieli, to be installed in Bahrain; a stacker for
Endesa, Spain, through BHP; a 5th shiploader with belt conveyor system for CVRD
in São Luis, Brasil; and in Australia for a handling system for bagasse for the CBH
Downer - Condong & Broadwater Project; a stacker for the Thiess Sedgman - Wilpinjong
Project; a shiploader with relevant conveyors for the Port Authority of Darwin.
• Major tires manufacturers selected Pomini machines for green field installations:
Pirelli for their new plant in Slatina, Romania; Bridgestone Europe for a new plant
in Hungary; Nokian Tire for a new plant in Russia.
• Many orders confirmed the preference of tires manufacturers for Pomini machines:
Continental in Timisoara (Rumania); Bridgestone, Michelin, Pirelli, Hankook,
Trelleborg and Marangoni for their plants in Italy, Central and East Europe, South
America and China.
• Pomini machines for Niznekamskshina in Russia's Tatarstan Republic were
delivered, and the installation activities for two complete mixing lines for bus
& truck tires in Kerman Tyre & Rubber Co., Iran, were recently started. Arkema
(F) and Gerflor (F) selected Pomini continuous mixers for their plastics compounding
YEAR IN REVIEW
ROLL GRINDERS
2005-06 was another record financial year for the Roll Grinders business unit, both
for the number of machines delivered and for the successful results on a worldwide
scale, as other markets recovered after a few years dominated by strong Chinese
demand.
• In China our traditional customers have confirmed their previous choice
of Pomini grinders for their expansion projects, among them: Maanshan;
Baosteel (in Baoshan, Luojing and Meishan); Tonghua; Laiwu; Hunan Suntown.
• In Europe, several orders have been awarded to Pomini, including those
21
for Arcelor in Aviles, Spain; Mittal in Poland; the Silmet copper & tin mill in Italy;
the Profilglass aluminum mill in Italy; and for Marcegaglia in Italy.
• Other important orders were received from India (for Jindal South West and
for TATA); from South Korea (for Union Steel and Dongkuk); the USA (for the US
Steel Gary Works in Indiana); and from Argentina (for Ternium Siderar).
GLASS PLANTS
• The final acceptances of a glass wool roll up machine for the Shanghai Plate Glass
Factory (first equipment "Fully Made in China" by Techint Industrial Technologies
Beijing) and of a "Chopped Strand Mat" reinforcing fiber line at Chongquing
(China) for Chongquing Techfiber New Material (CPIC), were obtained.
• A new contract was signed and carried out with El Volcan (Chile) for the revamping
of the existing glass wool technological line.
• The start up of the 4th complete line for rock wool insulating products at Yaroslavl
(Russia) for Termosteps Group was successfully achieved.
• Works underway included: a 4th complete technological line for rock wool
insulating products to be installed at Salavat (Russia) for Termosteps Group, and
a complete technological line for glass wool insulating products, including the
electrical melting furnace, to be installed at Ankara (Turkey) for Ozpor.
•
•
22
Tecpetrol
Operating from Argentina, Tecpetrol shipments was USD 1.2 per million
is active in the oil and gas field. The BTU, a level that reflects frozen
company is involved in the explo- prices in Argentina for supplies to
ration and production of oil and gas gas distribution companies, as well
blocks, as well as in the management as taxes on exported gas. Even so,
of gas transportation and distribution Tecpetrol overall sales reached
facilities, in Argentina and in other USD 490 million, up 28% with
countries in Latin America. Though respect to the previous year.
in 2005-06 the crude oil market The bulk of own production of crude
remained basically overdemanded, was in Argentina, originating
and gas continued to look like having especially from the El Tordillo block,
great potential as an alternative to in the San Jorge basin. Production
other hydrocarbons, intervention in from this block accounted for more
markets and uncertainties of a political than 40% of sales. In the course of
nature in some countries of the 2005-06, Tecpetrol drilled 60 wells in
region acted as a limiting factor to the area and performed 112
growth, and are making it hard for workovers and pullings. All the
Tecpetrol to plan future developments same, production from El Tordillo
in these fields. block was down slightly (-2.0%) with
In the 12 months period ended on respect to the previous year, as labor
June 30, 2006, Tecpetrol produced unrest caused interruptions of
20.0 million barrels of oil and 2,9 operations. Potential, however,
billion cubic meters of natural gas remains high: a daily production
from its operated areas. Own record of 27.9 thousand barrels was
shipments, including production chalked up in July, 2006. A
from non-operated areas, were 11.5 substantial increase in production
million barrels of crude and 1,60 was achieved in the so-called
billion cubic meters of gas, “marginal” areas, located mainly in
representing respectively a decrease the Neuquina basin.
of 3.7% and an increase of 4.6% over Outside of Argentina, crude production
YEAR IN REVIEW
23
the operation of the Colón Unit in particular from power generation.
the Maracaibo basin to the newly Also, production from the Misión
formed, mixed enterprise in which block in Mexico was substantially up.
state oil company PDVSA has In 2005-06, Argentine gas
majority participation. Tecpetrol’s transportation company TGN
interest in the area was reduced from dispatched more than 17,000 million
43.8% to 17.5%. The switch to the cubic meters of gas to industrial
new operative situation slowed users, distribution companies and
operation and investments in this export pipelines. During this period,
high-potential area. the construction of loops enhanced
As far as gas is concerned, the capacity of the system, allowing
the Argentine North-West basin TGN to respond to future growth in
Aguaragüe block suffered from its demand; however, the freezing of
natural decline, that the drilling of transportation charges continues
a new production well is expected to to necessitate financing mechanisms
counter when completed. Production that involve public sector contributions,
from the non-operated Ramos block oversight and bureaucracy. In addition,
will instead be sustained through during 2005-06 substantial advances
a Compression Project, now in its were achieved by TGN in the
initial stage. In August, 2006, negotiations on the outstanding
Tecpetrol signed an agreement with foreign debt.
the Tierra del Fuego provincial In Peru, the two pipelines used
authorities in order to study to ship the Camisea gas and the
possible gas exploration prospects. liquids extracted thereof are managed
Outside of Argentina, gas production by TGP. During 2005-06 there were
from the Peruvian Camisea block, in interruptions in delivery because of
which Tecpetrol has a 10% interest, leakages from the liquids pipeline.
increased by 19% with respect to The company is cooperating with a
2004-05, but shipments increased by special investigation into these
more than 70% reflecting higher incidents, and has intensified
demand in the end markets, in monitoring ■
24
Humanitas
25
Techint Group Companies
TENARIS
TERNIUM
TECHINT ENGINEERING
AND CONSTRUCTION
26
TENOVA
TECPETROL
HUMANITAS
27
T E C H I N T G R O U P C O M PA N I E S
Tenaris
T enaris is the leading global Global Lines of Business
manufacturer and provider of tubular Tenaris Oilfield Services
products and services used in the Tenaris supplies a comprehensive
drilling, completion and production range of high quality seamless casing
of oil and gas, and a leading and tubing, premium connections
supplier of tubular products and and accessories for use in oil and gas
services used in process and power drilling and well completion activities,
plants and in specialized industrial even in the most demanding
and automotive applications. environments. Products include
With manufacturing facilities on proprietary steel grades, corrosion
three continents, and an integrated resistant alloys and low alloy and
global network of service and R&D carbon steel grades with outside
facilities, Tenaris can ship to diameter sizes ranging from 1 1/3" to
markets worldwide up to 28". Services provided include
3.3 million tons of seamless, and logistics, full inventory management,
2.7 million tons of welded pipes. just-in-time rig delivery, accessories
Tenaris employs approximately procurement, sub-assemblies, rig
22,500 people worldwide. returns, remnant handling and pipe
Tenaris is a public company, running.
incorporated in Luxembourg and
listed in the stock exchanges of Tenaris Pipeline Services
New York, Buenos Aires, Milan Tenaris supplies an extensive range
and Mexico. Its market capitalization of seamless line pipe products,
as of June 30, 2006 was USD 23.9 complete with coatings and
billion. accessories for use in onshore,
T E C H I N T G R O U P C O M PA N I E S
28
delivery of quality products to drawn seamless pipe products for
enable customers to meet the industrial applications with a focus
demanding needs of major refinery, on segments such as automotive
petrochemical and power plant components, hydraulic cylinders,
contracts. Products include a wide construction machinery, gas cylinders
range of seamless and welded line and architectural structures. Services
pipe, fittings and flanges in most provided include just-in-time delivery,
carbon, low alloy and high alloy stocking and consignment programs
steel grades as well as special and e-commerce facilities.
grades, and cold drawn pipes for
boilers and heat exchangers. Local Business Units
TENARIS
and Facilities
Tenaris Industrial In countries where Tenaris has the
and Automotive Services principal pipe manufacturing centers,
Tenaris provides a wide variety of local business units cater to the local
mechanical, structural and cold- market. Services offered take
29
T E C H I N T G R O U P C O M PA N I E S
30
and has an annual production facilities, and uses steel scrap as its
capacity of 180,000 tons of seamless principal raw material.
steel tubes. In Romania, Tenaris
also operates a steelmaking facility United States, Canada and
located at Calarasi on the Danube Mexico
River, which produces steel bars to Tenaris has recently acquired several
TENARIS
meet the majority of the raw material plants in the USA producing a
requirements of the Zalau plant. complete size range of welded Oil
The plant has an annual capacity of Country Tubular Goods, including
400,000 tons, with an electric arc technologically advanced products
furnace and continuous casting such as premium couplings, coiled
31
tubing and coiled subsea umbilicals. a fully integrated, strategically
Main plants are located in the located plant on the banks of the
Houston area, in Arkansas and in Paraná river near the town
Tennessee. Other welded tube of Campana, approximately 80
plants are located in Calgary, kilometers from the City of Buenos
Canada, and in Colombia. Aires, Argentina. The Campana
Tenaris also has a seamless steel pipe plant, inaugurated in 1954, includes
manufacturing facility in Canada a state-of-the-art seamless pipe mill
located adjacent to the Algoma Steel and has an effective annual
manufacturing complex in Sault production capacity of 850,000 tons
Ste. Marie, in the province of Ontario. of seamless steel pipe (with an
The facility produces seamless pipe outside diameter range of 11/4 to 11
products with an outside diameter inches) and 1,200,000 tons of
range of 2 to 11 inches. The annual steel bars.
capacity of the facility is 250,000 tons. At Valentín Alsina, just south of the
Steel bars are sourced principally city of Buenos Aires, Tenaris
from Tenaris's plants in Argentina produces welded steel pipes with
and Mexico, and from third party an outside diameter range of 41/2 to
suppliers. 80 inches, used for the conveying of
Tenaris's principal manufacturing facility fluids at low, medium and high
in North America is an integrated plant pressure and for mechanical and
located near the port of Veracruz, on structural purposes. The facility has
the east coast of Mexico. The an annual production capacity of
Veracruz plant was inaugurated in 350,000 tons. Another, smaller
1954. The plant includes a state-of-the- welded pipe facility is located at
T E C H I N T G R O U P C O M PA N I E S
art seamless pipe mill and has an Villa Constitución, in the Santa Fe
installed annual production capacity of province of Argentina.
850,000 tons of steel bars and 780,000 Tenaris produces tubular accessories
tons of seamless steel pipes with an such as sucker rods and pipe
outside diameter range of 2 to 20 protectors in Villa Mercedes,
inches. A part of the Veracruz facility province of San Luis. Tenaris also
hosts an automotive components has a modern gas turbine power
center. In addition, Tenaris operates a generation plant, located at
manufacturing facility near Monterrey San Nicolás, approximately 200
in the state of Nuevo León, Mexico, for kilometers from Campana.
the production of pipe fittings and At Pindamonhangaba, 160 kilome-
flanges related to its Process & Power ters from the city of São Paulo,
Plant Services business. Brazil, Tenaris processes steel
plates and coils to produce welded
South America steel pipes with an outside
The principal manufacturing facility diameter range of 41/2 to 100 inches
that Tenaris has in South America is for various applications, including
32
oil, petrochemical and gas
applications. The facility, which
has an annual production capacity
of 500,000 tons, also supplies
external and internal anticorrosion
pipe coating.
Tenaris also has a seamless steel
pipe plant in Venezuela, with an
annual production capacity of
80,000 tons, located in Ciudad
Guayana, on the banks of the
Orinoco River, within the Sidor iron
and steel manufacturing complex.
The plant produces seamless pipe
products with an outside diameter
range of 8 to 16 inches, using steel
bars supplied by Sidor as its
principal raw material.
In Ciudad Guayana Tenaris has also
acquired, jointly with Sidor, an
industrial facility to produce hot
briquetted iron, or HBI, which it
uses as a raw material in some
steelmaking operations.
Far East
Tenaris's manufacturing facility in
Asia, operated by NKKTubes, is a
seamless steel pipe plant located in
Kawasaki, Japan, in the Keihin steel
complex owned by JFE. The facility
produces seamless pipe products
with an outside diameter range of
1 to 17 inches. The effective annual
capacity of the facility is 260,000
tons. Steel bars and other essential
inputs and services are supplied by
TENARIS
33
Tubular Technologies products and to constantly
of Tomorrow improving existing products and
Tenaris is at the forefront of manufacturing processes. R&D
developing the tubular technologies activities are carried out at
required for operating in the world's specialized research facilities and
most demanding environments, not support centers:
only to meet the challenge
of drilling in extreme conditions Tenaris Center for Industrial
of pressure and temperature but Research: in Campana, Argentina,
also in high performance mechanical provides technological research
and structural applications. support in a variety of areas,
A worldwide research and develop- including Finite Elements analysis
ment organization with more than and modeling, full scale product
130 scientists and engineers is testing, process metallurgy, fracture
committed to developing new mechanics, and corrosion testing.
T E C H I N T G R O U P C O M PA N I E S
34
Centro Sviluppo Materiali (CSM): in Finally, Tenaris co-sponsors a
Rome, Italy, carries out full scale fellowships program for students in
testing of premium connections, engineering and the applied
physical modeling, mechanical sciences, which takes the name
product design and testing, physical from the Techint Group’s late
metallurgy and welded line pipe. Chairman Roberto Rocca ■
TenarisUniversity
With a mission to capture, organize,
enrich and transfer knowledge
assets in order to build and sustain
Tenaris’s competitive advantage,
TenarisUniversity manages all the
training and knowledge activities of
the company’s white-collar force.
It has established an Industrial
School to manage training in the
company’s industrial and technical
areas such as steelmaking, pipe
rolling and finishing, quality,
product development and industrial
management. TenarisUniversity is
also in charge of the Tenaris intranet,
TENARIS
35
T e r n i u m
A manufacturer of flat and long steel manages highly integrated processes
products, Ternium consolidates the to manufacture steel and value-added
operations of the steel companies products and services. It is one of the
Hylsa (Mexico), Siderar (Argentina) leading steel companies in Latin
and Sidor (Venezuela). Ternium America, with an annual crude steel
production capacity of nearly 11
TERNIUM million tons.
(Million tons per year)
Ternium’s highly integrated
Process Sidor Siderar Hylsa Total
Pellets/Sinter1 8.0 1.2 3.8 13.0
manufacturing activities go from iron
Reduction2 4.5 2.6 2.4 9.5 ore mine ownership and exploitation,
Steel making 5.0 2.9 3.0 10.9
Flat steel 3.6 2.9 1.7 8.2 to steel and value-added product
Long steel 1.4 - 1.3 2.7
Hot rolling 3.9 2.6 3.2 9.7 manufacturing and distribution. These
Flat steel 2.8 2.5 2.4 7.7
Long steel 1.1 - 1.0 2.1 include semifinished steel, flat-rolled
Cold Rolling 1.7 1.5 0.8 4.0
Coat and paint 0.2 0.8 0.8 1.8
products, long products, welded tubes
1 Sidor and Hylsa: Pellets; Siderar: Sinter and beams, and roll-formed products.
2 Sidor and Hylsa: Direct Reduction; Siderar: Blast Furnace
Ternium has an industrial focus,
T E C H I N T G R O U P C O M PA N I E S
36
concentrating its efforts and and painted) and 140 thousand tons The steel shop
at Ternium Siderar's plant
resources on the continuous of structural tubes. in San Nicolás, Argentina.
improvement of its plants, on Ternium Siderar is specially committed
technological developments, and to providing top quality products,
the implementation of more customer service and financing at
efficient production processes. competitive prices to its Argentine and
Ternium shares the Techint Group's South American customers. Through
high standards of quality, efficiency its own Service Centers, Ternium
and industrial technology. Siderar becomes a preferred supplier
to a wide range of industries and
Ternium Siderar activities such as automotive, home
Ternium Siderar is Argentina's appliances, agriculture, construction
largest steel company; it produces, and packaging.
processes and distributes flat and
tubular steel products. San Nicolás Steel Center
Ternium Siderar currently owns The San Nicolás plant is located on
nine manufacturing facilities the right bank of the Paraná River,
located in the provinces of Buenos near the town of San Nicolás (north of
Aires, San Luis and Santa Fe, Argentina. Buenos Aires). This integrated steel
Ternium Siderar's annual capacity complex is the largest in Argentina. Its
TERNIUM
reaches 2.5 million tons of hot and steel production process is based on
cold rolled coils and sheets, blast furnaces. Annual capacities
including more than 800,000 tons surpass 2.5 million tons of hot rolled
of coated products (tinplate, coils, 550,000 tons of cold rolled coils,
electro-galvanized, hot dip galvanized and 160,000 tons of tinplate.
37
Ensenada Plant Other Plants
This cold rolling plant was established and Service Centers
in 1970 on the Rio de la Plata shore, At the Haedo plant, Ternium Siderar
near the town of Ensenada (south manufactures up to 180,000 tons per
of Buenos Aires). The plant year of galvanized sheets in a
receives hot rolled coils shipped wide range of lengths and shapes
from the San Nicolás Steel Center to for construction, agricultural and
produce 1 million tons of cold rolled highway industries.
steel coils per year, and provide top The Canning plant produces
quality products at competitive prices galvanized, cincalum® and painted
Ternium Hylsa's steel shop to the automotive, appliances, and coils and sheets. This plant is located
near the city of Monterrey,
Mexico. other industries. on the outskirts of Buenos Aires. It
T E C H I N T G R O U P C O M PA N I E S
38
has a dual hot dip galvanizing or The plant has a yearly capacity of
zinc-aluminum coating line with a 5 million tons of liquid steel. In the
yearly capacity of 340,000 tons and a mineral processing phase, it is able
painting line with a 55,000 ton-per- to produce 8 million tons per year
year capacity. of iron ore pellets. Through HyL
At the Florencio Varela plant (near and Midrex processes, it reaches
Buenos Aires), Ternium Siderar a production of up to 4.5 million
manufactures electro-galvanized tons per year of Direct Reduced
steel sheets. The plant also Iron (DRI).
houses two Service Centers and a Two melt shops produce steel. One
press-blanking facility to process of them focuses on flat products
cold rolled and coated products. and the other on long products.
In Rosario and San Luis, Ternium The flat carbon steel products of
Siderar manufactures welded tubing Ternium Sidor include hot and cold
for structural uses, electrical conduits rolled coils and sheets, tinplate and
and mechanical applications, using tin-free steel sheets; long carbon
hot or cold rolled steel provided by steel products include wire rod and
the San Nicolás Plant. rebar. Ternium Sidor also exports
In Ramallo, near the San Nicolás semi-finished products such as
Steel Center, Ternium Siderar owns a billets and slabs.
third Service Center that processes Its wide product mix enables
hot rolled coils. Nearby, another Ternium Sidor to serve an important
plant processes tinplated coils into range of industries and activities such
various sheet sizes for the food as oil & gas, construction, automotive,
industry and industrial canning. home appliances, packaging and
canning, hot dip galvanizers,
Ternium Sidor distributors and service centers.
The leading steel manufacturer of
the Andean Region and the Ternium Hylsa
Caribbean, Ternium Sidor is an Ternium Hylsa is the largest Mexican
integrated steel complex located in steel manufacturer. Its activities range
Puerto Ordaz, Venezuela. Built on from the extraction and processing
the right bank of the Orinoco River, of iron ore to the manufacturing
Ternium Sidor has a direct connection of high value-added steel products.
with the Atlantic Ocean. A number of plants located in the
Ternium Sidor is one of the largest vicinity of Monterrey and one in
complexes of its kind in the world. Puebla produce long and flat steel,
TERNIUM
Its steel production is based on coated steel, welded steel tubes and
direct reduction of iron ore and AC service center processed steel.
electric arc furnaces and takes Overall, Ternium Hylsa has a
advantage of readily available liquid steel production capacity of
domestic natural resources. 3.0 million tons per year.
39
T E C H I N T G R O U P C O M PA N I E S
40
specializes in construction products
and has a production capacity of
530,000 tons of steel billets per
year. The Puebla plant focuses on
high quality steel wire rods; this
plant has a DRI facility and its steel
melting shop is equipped with a
vacuum degasser. Production capacity
of the Puebla plant reaches 770,000
tons of billets per year.
Service center
and other plants
Ternium Hylsa also operates a steel
service plant located in Monterrey,
where it processes hot and cold
rolled coils and coated products. In
San Nicolás (near Monterrey City),
Ternium Hylsa operates a tubular
plant that processes hot rolled steel
into heavy gauge welded pipes and
structural shapes ■
www.ternium.com
TERNIUM
41
Techint Engineering and Construction
TECHINT ENGINEERING AND CONSTRUCTION HIGHLIGHTS
or third parties - that best fit the front-end engineering design, detail
specific needs of its customers. engineering, procurement services,
PIPELINE Gas, oil, refined & chemical products, oxygen and slurry lines, onshore and offshore terminals,
TRANSPORTATION SYSTEMS storage facilities, pump and compression stations
OIL&GAS Field development, gas/oil separation plants (GOSP), gas gathering centers,
liquefied natural gas (LNG) plants
PETROLEUM REFINERIES, Oil/gas processing facilities, oil refineries, petrochemical plants, fertilizer plants,
PETROCHEMICAL & CHEMICAL PLANTS pharmaceutical plants, sulphur & hydrogen recovery facilities
POWER GENERATION Power plants (hydroelectric, thermoelectric, combined cycle and nuclear),
AND TRANSMISSION high voltage transmission lines and substations, distribution networks
MINING, STEEL & METALS PLANTS Steelworks, mini mills, rolling mills, blast and electric furnaces, production facilities,
aluminum, metallurgical and precious metals plants, process and storage buildings
for the mining industry, services to steel plants
INDUSTRIAL PLANTS Cement, pulp, paper and industrial construction materials plants, bulk material handling plants,
manufacturing industry
INFRASTRUCTURE FACILITIES Roads, highways, bridges, tunnels, railways, subways, aqueducts, ports, airports,
water and waste treatment plants, dams, telecommunications systems
ARCHITECTURAL WORKS Offices and commercial buildings, housing complexes, cultural and educational facilities,
detention centers and hospitals
42
process equipment manufacturing, Construction of a Gasoline
Desulphurization Plant in the
construction and construction Milazzo refinery – Italy.
supervision, commissioning and
start-up assistance, project
management, project financing,
and operation & maintenance.
Techint E&C understands the needs
of its clients, and provides them with
the best technical solutions
combined with low production costs
and minimum environmental impact.
The company has built its reputation
for excellence through the successful
application of top quality engineering,
know-how, skilled resources and
cost-effective solutions.
43
The company is proud not only of construction companies, and is
its record of fulfilling regulatory considered one of the most
requirements, but also of its focus prestigious E&C companies in Italy.
on the continuous improvement of This fully integrated organization
its environmental performance, specializes in the design, engineering
which is audited under ISO and construction of industrial plants
14001 international standards, and major infrastructure projects.
reflecting the maximum respect Over the years the company has
for the Sustainable Development developed a special expertise in
of the areas where projects are refineries, petrochemical plants,
executed. power plants, LNG re-gasification
plants and health care facilities.
Multilocal Presence Techint also designs and manufactures
Techint E&C in Italy machinery and equipment for steel
Founded in 1945, Techint Compagnia and metal industry through Tenova
Tecnica Internazionale is the fore- (see following chapter in this
The Haradh oil and gas runner of what is today the extensive Techint Group Companies section).
separation plant (GOSP III)
in Saudi Arabia. group of Techint engineering and Established in 1947 and wholly
T E C H I N T G R O U P C O M PA N I E S
44
TECHINT ENGINEERING AND CONSTRUCTION
owned by Techint since 1997, tions networks and systems, Edipower's Piacenza
Power Plant – Italy.
Techint CimiMontubi is a signaling, infrastructure for railway
well-known Italian engineering and and motorway management and
construction company, involved in control, as well as systems for public
the development of steel, energy utilities and defense. Jointly with
and infrastructure projects in the Sirti, Techint has an indirect not
international market. In Italy the consolidated stake in Impregilo,
company has participated in the the leading Italian general
construction of the most important contracting group. A public
iron and steel plants, and of company headquartered near Milan,
thermoelectric and nuclear power Impregilo is an international player
plants for a total of more than in infrastructure projects and
50,000 MW. Currently the company environmental systems.
is active in Italy, Egypt and Nigeria.
Techint holds a not consolidated Techint E&C in Argentina
interest in Sirti, a public company Established in 1946, Techint
headquartered in Milan that offers Compañía Técnica Internacional
turnkey solutions for telecommunica- S.A.C.I. is the leading engineering
45
Construction of the Energía and construction company in architectural works related to urban
Costa Azul liquefied natural
gas (LNG) receipt terminal Argentina and one of the most development projects and mining
and related facilities in
Baja California, Mexico.
important in Latin America. The ventures.
company has participated in the In Argentina, Techint owns Tesur,
largest and technologically most a company specialized in the laying of
T E C H I N T G R O U P C O M PA N I E S
complex projects in the country and fiber-optic cable and the construction
the region, covering all market of telecommunications networks,
segments. In particular, Techint has including cellular or mobile telephone
established its credentials as one of infrastructure, microwave links,
the world's major pipeline builders cable TV installations and digital
and as a supplier of turnkey petrole- networking.
um refineries and chemical or petro- Techint also owns a 61% share of
chemical plants. Techint E&C com- Ferroexpreso Pampeano S.A.
panies are especially recognized for (FEPSA). Fepsa offers freight
their capabilities to develop services along a 5,200 km rail
complex infrastructure projects in network in the most important
harsh geographical areas, as grain-producing region of Argentina,
manifested by the laying of more under a government concession that
than 16 trans-Andean pipelines, expires in 2021.
four of which in Argentina. In the Another company owned by
past few years, the company has Techint is Losa, an Argentine man-
also carried out numerous civil and ufacturer of roofing ceramic tiles,
46
roofing concrete tiles, and flooring treatment and transportation facilities;
ceramic tiles for the housing industry chemical and petrochemical com-
located in Olavarría, 340 km plexes; iron, steel and non ferrous
southwest of Buenos Aires. metal plants, and basic sanitation and
educational structures.
Techint E&C in Mexico Techint S.A. has played a particularly
Techint S.A. de C.V. is one of the outstanding role in the oil and gas
leading EPC companies in Mexico, sector. The company's achievements
specializing in turnkey lump sum include laying over 8,500 km of
projects for the energy, oil & gas, pipelines (80% of the existing oil and
petrochemicals, and steel industries. gas pipeline system in Brazil),
Established in 1954, the company
has grown steadily in the last ten
years by participating in most
important industrial and infrastruc-
ture projects in Mexico and Central
47
participating in the construction of oil and gas industry projects, such
T E C H I N T G R O U P C O M PA N I E S
jackets and modules for off-shore as oil and gas pipelines, crude
platforms, laying off-shore pipes, and oil processing facilities and terminals.
supplying "hook-up" and maintenance In Venezuela, Techint carries out
services to major Brazilian clients, major projects for the steel industry,
including Petrobras, for which Techint and various infrastructure works.
has executed over 270 projects. Established in Uruguay since
1956, Techint Compañía Técnica
Internacional S.A.C.I. has been
Techint E&C in
involved mostly in the construction
Other Countries
of roads, highways and airports,
Techint E&C has maintained a
and in other civil infrastructure
permanent presence and leadership works. Important projects have also
in the engineering and construction been carried out in the energy field.
market in several countries in Latin In Peru, Techint has recently
America, the Middle East and Africa. completed the construction of one
In Colombia the company has been of the major infrastructure projects
active since 1979 particularly in in Latin America: the Camisea gas
48
TECHINT ENGINEERING AND CONSTRUCTION
Construction of the Caracoles
hydroelectric project in the
province of San Juan, Argentina.
49
Te n o v a
50
plants of South African company Industrial furnaces
Pyromet, Tenova designs and sup- Tenova supplies a broad range of
plies high-capacity submerged arc fur- industrial furnaces for the metal
naces as well as complete smelting industry and other industrial applica-
plants for the production of ferroal- tions.
loys and base metals. Strong of the experience and
competences gained under the
Melt shops Techint Italimpianti name, Tenova
In the steel making process, Tenova provides to its customers the most
provides the Tagliaferri electric arc advanced reheating furnaces, with
furnace and ladle furnace, the the Flexytech® in-house developed
EMCI vacuum degassing system, the combustion technology. Products
Consteel® system for the continuous embrace walking beam, pusher,
charging and feeding of the electric arc rotary hearth and roller furnaces for
furnace, the Köster Technology for the thin slabs. The reheating furnaces are
injection of carbon and oxygen during supplied with the latest flameless
the steel making process, and the burners that guarantee very low
Goodfellow EFSOPTM system for real NOx emissions and are operated
time measurement of the off-gas and through an advanced control Detail of a looper of the
pickling line at Duferco's
the optimisation of the melting process. system that allows the best La Louvière plant, Belgium.
T E N O VA
51
Ternium Hylsa's HyL Direct Reduction reheating performance in every Roll Grinders and
(DRI) plant in Puebla, Mexico.
operative condition. Automatic Roll Shops
Through the recently acquired LOI Roll grinding machines of the highest
Group, Tenova provides top-class quality, performance, reliability and
T E C H I N T G R O U P C O M PA N I E S
heat treatment furnaces for strips, automation level are designed, built
pipes, wires and bars serving the and installed worldwide under the
iron and steel, automotive and Pomini brand name. Single machines
aluminum industries. or whole automatic roll shops are
supplied to rolling mills for ferrous
Strip processing lines and non-ferrous flat products as well
Annealing, colour coating, tinning, as to the paper industry and to
galvanizing and pickling lines for steel branches of heavy industry.
and aluminum coils are the products
designed and supplied by Tenova. Bulk Handling Systems
With over 500 lines installed, Tenova Thanks to its top level and well-ref-
has the organizational capability and erenced know-how, Tenova covers
experience to carry out tailor-made the full range of bulk material han-
projects on a turnkey basis or provide dling equipment in the iron & steel,
engineering, supply and construction power and mineral industries and in
supervision up to the final commis- port terminals. Tenova provides sev-
sioning of the plant. eral types of equipment, among
52
which continuous and grab type ship also through outside opportunities
loaders and unloaders for marine for acquiring small companies with
terminals, stackers and reclaimers newly developed technologies that
for stockyards, pipe and traditional fit and complement the existing
belt conveyors for iron ore, coal product portfolio.
and other bulk materials.
Tenova has the organizational
Finally, Tenova also supplies plants capability and experience to
for the production of insulating design, construct and commission
material, such as fiberglass and equipment and systems anywhere
mineral wool, and equipment for in the world. Furthermore, Tenova
rubber and plastics processing. has the competence and experience
in arranging project based
Tenova is keen on investing in financing. The company is certified
research and innovation to keep its by Moody International Cert.
products at the top level in terms of according to the ISO 9001-2000,
quality and performance, both key ISO 14001-2004 and OHSAS
requirements of its customers. 18001-1999 standards ■
T E N O VA
53
T e c p e t r o l
Tecpetrol western Venezuela. In total, these
T ecpetrol is an Argentine oil and gas blocks have over 1,000 wells in
exploration and production (E&P), production and include plants and
and gas transmission and distribution facilities for primary and secondary
company, fully owned by the recovery, for oil and gas conditioning
Techint Group, with operations or and processing, and for power
interests in Argentina, Venezuela, generation.
Bolivia, Ecuador, Mexico and Peru. The company also holds a few
In the field of oil and gas exploration non-operating interests, such as a
and production, the company 25% share in the Ramos block in
operates 12 blocks in Argentina's the Noroeste Basin in Argentina; a
Noroeste, San Jorge, and Neuquina 10% share in the Camisea block,
basins, where it holds full or major Ucayali Basin, Peru - a large gas
shares in long-term concessions. and condensate field that has
Internationally, Tecpetrol operates in significantly increased the
the Oriental basin of Ecuador and in company’s reserves; and a 10%
the Burgos basin, Mexico. It also has interest in Block 56, next
a share on the Baripetrol Mixed to Camisea block in Peru.
Enterprise which operates the Colón Finally, Tecpetrol holds a 20%
block in the Maracaibo basin of non-operating interest in the Ipati
T E C H I N T G R O U P C O M PA N I E S
54
and the Aquío exploration blocks in Aguaragüe Block The injection point of TGP's
Canisea gas pipeline at the
the Tarija Basin, Bolivia. Tecpetrol holds a 23% share and upstream Malvinas base, Peru.
Tecpetrol's current operated oil and is the operator of the Aguaragüe
gas production is 111 thousand block in north-west Argentina.
barrels of oil equivalent (mboe) per The production of Aguaragüe is
day (including Colón’s production as 64 bcf of gas and 2.4 million bbl
operated). The company currently of oil per year.
employs more than 3,800 people
(530 as permanent staff) including its Other Blocks in Argentina
own employees and its contractors’. Tecpetrol holds different shares and
operates 10 blocks located in the
El Tordillo Block main basins of Argentina. Annual
The El Tordillo block in the Gulf of production from these areas has
San Jorge basin in Argentina stands as reached 1.2 million bbl of oil and 6.5
one of the most important oil fields bcf of gas.
TECPETROL
55
amounts to more than 4.3 million bbl gas transmission and distribution
per year. businesses, and has become a
In Ecuador the company operates successful developer of gas
T E C H I N T G R O U P C O M PA N I E S
56
Transportadora Sul Brasileira de TGN
Gas (TSB) and in Transportadora de Owned Third Parties Total
Length of pipeline network (km) 5,716 2,599 8,315
Gas del Peru (TgP). Total compression power in network (HP) 333,580 12,200 345,780
Daily transport capacity contracted,
firm (m3/day) at December 2005 54.44*106
Transportadora de Gas del Norte Employees 540
57
H u m a n i t a s
Humanitas was established in 1988 company which at present includes
by the Techint Group, jointly with the Istituto Clinico Humanitas (ICH)
other industrial and financial near Milan; the Humanitas
partners, in order to promote, Gavazzeni hospital in Bergamo;
implement and manage health care Cellini and Fornaca di Sessant, two
initiatives. In particular, Humanitas of Turin's major clinics; Humanitas
has built or acquired in Italy a num- Centro Catanese di Oncologia in
ber of health care institutions of Catania (Sicily), and interests in
high complexity which it manages. other institutions and laboratories.
Humanitas' strategic objective is to The Techint Group holds an 81%
build a network of institutions share of the company.
characterized by the quality,
efficiency and humaneness of the Istituto Clinico Humanitas (ICH)
service provided, as well as by the is a 650 bed, tertiary care hospital
scientific level and the quality of located in the outskirts of Milan. ICH
investments in innovation. was inaugurated in March 1996 and a
Humanitas' management model year later was certified to operate
relies on a wide application of within the Italian National Health
up-to-date integrated information System. This modern, state-of-the-art
technology systems, and the use structure has 29 operating theaters, a
of the Internet to facilitate the 28 bed intensive care unit, 47 beds in
relationship between the institutions the day hospital department, and 120
and both clients and suppliers. The ambulatories. It also features a high
main features of this model are the specialty Emergency Department
complete control and open, on the and a Radiotherapy Division. The
T E C H I N T G R O U P C O M PA N I E S
58
H U M A N I TA S
59
T E C H I N T G R O U P C O M PA N I E S
hemodynamic activity, intensive and Care Unit and the new Emergency
post intensive care units, Department.
and various diagnostics and
analysis laboratories. Though the Cellini, a historical private hospital
cardiovascular department remains located in Turin, was acquired
the mainstay of the hospital, activity by Humanitas in 2000. With 120
has grown to encompass general inpatient beds, Cellini is a multi-
surgery, thorax and urological specialist hospital well known for its
surgery, orthopedics and medical and surgical activity in the
traumatology, general medicine and cardiovascular field. Cellini has
oncology. recently been accredited with the
Polyfunctional ambulatories provide National Health Service, thus
a wide range of services. In 2003 a broadening its field of activity
new block of services was opened to other surgical and medical
which houses latest generation specializations such as orthopedics,
operating theatres, the Intensive neurosurgery, ophthalmology and
60
oncology. The clinic has 4 Catania), founded in 1958, is
operating theaters, facilities for a private facility situated in the east
haemodynamics and cardiology, of Sicily and accredited by
intensive and post-intensive care the National Health Service.
units and state-of-the-art diagnostic The Operating Units are medical
services. A number of outpatient oncology, surgery and radiotherapy
stations offer health care in specialized in the treatment of
numerous specialties. abdominal, gynecologic, breast and
thyroid diseases. The Center is
Fornaca di Sessant, also in Turin, endowed with the most modern
is a well known private, multi- diagnostic and therapeutic
specialist hospital. It has 6 operating equipment, has two operating
rooms, intensive care unit, 92 theatres and seven intensive
in-patient beds, day-hospital, day treatment rooms.
surgery facilities and specialized
ambulatories that allow treatment of Humanitas also runs medical centers
6,000 patients per year. Through in Turin, which provide instrumental
various renovations, Fornaca and ambulatorial diagnostics, image
has maintained its structures and diagnostics, laboratory analysis and
facilities up-to-date. physiokinesiotherapy ■
H U M A N I TA S
61
Techint Group Companies in the World
CANADA
UNI
KIN
Calgary
Sault Ste.Marie
Beijing Toronto
New York
jin
KOREA U.S.A.
Seul Kanagawa Canonsburg
Qingdao
Shanghai JAPAN
Houston
Reynosa
S. Nicolás de los Garza
Ciènaga de Flores
Guadalajara MEXICO
Manzanillo
Mexico Veracruz
D.F.
Puebla GUATEMALA
Guatemala
Maracaibo
Caracas Puerto Ordaz
Bogotá VENEZUELA
GAPORE
apore
COLOMBIA
Quito
ECUADOR
San Isidro
Lima PERU
BRAZIL
BOLIVIA
Santa Cruz de la Sierra
AUSTRALIA São Paulo
Salta
ARGENTINA
URUGUAY
Milsons Point
CHILE San Luis Campana
Melbourne Santiago Rosario
Buenos Aires Montevideo
Neuquén Bahia Blanca
Comodoro
Rivadavia
62
NORWAY
ITED Stavanger
Aberdeen
NGDOM
Coseley
London
Moscow RUSSIAN FEDERATION
Düsseldorf Essen POLAND
Mannheim GERMANY Tarnowskie Gory
AUSTRIA Munich ROMANIA
Levallois Perret LUXEMBOURG Klosterneuburg Zalau KAZAKHSTAN
Turin Milan, Dalmine,
FRANCE Varese, Bergamo Calarasi Aktau
Genova Beijing
Rome Tashkent
Baku
ITALY AZERBAIJAN UZBEKISTAN Tianjin KOREA
Catania Seul Kanagawa
CHINA Qingdao
Tripoli JAPAN
LIBYA BAHRAIN Shanghai
Cairo Zinj
EGYPT
T E C H I N T G R O U P C O M PA N I E S I N T H E W O R L D
Dammam
SAUDI ARABIA Doha Manama
QATAR Dubai
Abu Dhabi
U.A.E.
INDIA
Mumbai
Lagos
NIGERIA
Onne
SINGAPORE
Singapore
Bonny Island
ANGOLA
Luanda
Marshalltown AUSTRALIA
SOUTH AFRICA
Milsons Point
Melbourne
63
Addresses
TENARIS
ANGOLA BRAZIL
Tenaris Global Services Confab Equipamentos
Sonils LDA, Business Centre Room 003 Str., 6 Av. Dr. Gonzaga, s/n
Il Boavista, LUANDA Moreira Cesar
Angola (12440-900) Pindamonhangaba, SÃO PAULO
phone: (244) 2 670-403 Brazil
fax: (244) 2 670-403 phone: (55) 12 364-1000
fax: (55) 12 364-2299
ARGENTINA EXIROS
64
CHINA GERMANY
EXIROS Tenaris Global Services
Rm 706, Lido Commercial Bldg., Elisabethstrade 91
Jichang Road Jiangtai Road, (80797) Munich
(100004) Beijing Germany
People’s Republic of China phone: (49) 89 5908-2111
phone: (86) 10 64376744 (ext. 410) fax: (49) 89 5908-1200
fax: (86) 10 64376746
Tenaris Global Services
Tenaris Global Services
Rheinrottstrasse 1
No.1 Kunlun Shan Northern Road (68169) Mannheim
(266500) Qingdao Germany
People’s Republic of China phone: (49) 621-322380
phone: (86) 532-86109618 fax: (49) 621-315067
fax: (86) 532-86109617
ITALY
COLOMBIA
EXIROS
Tenaris Global Services
Piazza Caduti 6 Luglio 1944, 1
Carrera 13, No. 93B -51, Piso 4° (24044) Dalmine, BERGAMO
Cudinamarca, SANTA FE DE BOGOTÁ Italy
Colombia toll free: 800-780-987
phone: (57) 1 636-2920 fax: (39) 035 560-3086
fax: (57) 1 623-4780
TenarisDalmine
65
LUXEMBOURG ROMANIA
Tenaris Registered Office EXIROS
46A, Avenue John F. Kennedy 93, Mihai Viteazul Blvd.
(1855) Luxembourg (450131) Zalau, SALAJ COUNTY
phone: (352) 26 47-89-78 Romania
fax: (352) 26 47-89-79 toll free: (40) 260 661-574
fax: (40) 260 661-1581
66
UNITED KINGDOM VENEZUELA
Tenaris Global Services EXIROS
Discovery Drive, Arnhall Business Avenida Guayana, Via Ciudad Bolívar
Park Westhill Zona Industrial Matanzas, Edif. Adm. n° 1 PB
(AB32 6FG) Aberdeenshire (8050) Puerto Ordaz, ESTADO BOLÍVAR
United Kingdom Venezuela
phone: (44) 1224 270-055 toll free: 0-800-100-5552
fax: (44) 1224 270-069 fax: (58) 286 990-7003
URUGUAY
EXIROS
La Cumparsita 1373, Piso 10°
(11200) Montevideo
Uruguay
phone: (54) 11 4018-8533/59 82-9033121
fax: (598) 2 900-2236
USA
Tenaris Global Services
2200 West Loop South, Suite 800
(77027) Houston, TEXAS
USA
phone: (1) 713 767-4400
fax: (1) 713 767-4444
ADDRESSES
67
TERNIUM
ARGENTINA BRAZIL
Ternium Siderar Ternium
Head Office: Rua Tabapuã 41 - 9° Andar
Av. Leandro N. Alem 1067 Itaim Bibi
(C1001AAF) Buenos Aires (04533-010) São Paulo
Argentina Brazil
phone: (54) 11 4018-2100 phone: (55) 11 3707-6030
fax: (54) 11 4018-1000 fax: (55) 11 3707-6072
Industrial Centers:
COLOMBIA
San Nicolás Facility:
Casilla de Correo 801 Ternium
(2900) San Nicolás, BUENOS AIRES
Argentina Carrera 13, n° 93B - 51, Piso 4°
phone: (54) 3461 438-100 Edificio Azahara Empresarial
fax: (54) 3461 438-015 Bogotà
Colombia
Canning Facility: phone: (57) 1 636-2920
Barreiro s/n° fax: (57) 1 623-4780
(1804) Canning, P.do de Ezeiza,
BUENOS AIRES
Argentina ECUADOR
phone: (54) 11 4239-4100
fax: (54) 11 4239-4010 Ternium
Ensenada Facility: Av. 12 de Octubre 26-97
Avda. Almirante Brown s/nº Edificio Torre 1942, Piso 2° - Ofic. 202
(1925) Ensenada, BUENOS AIRES Quito
Argentina Ecuador
phone: (54) 221 429-6100 phone: (593) 2 298-6240
fax: (54) 221 429-6066 fax: (593) 2 298-6250
68
Monterrey Long Products Facility:
Camino al Mezquital 200
VENEZUELA
(66440) Apodaca, NUEVO LEÓN
México
Ternium Sidor
phone: (52) 81 8865-2828 Caracas Office:
Av. La Estancia, Edificio General, Piso 7°
Monterrey Welded Tubing Facility: (1064) Chuao, CARACAS
Av. Guerrero Nte. 151 Venezuela
(66452) San Nicolás de los Garza, phone: (58) 212 600-3800
NUEVO LEÓN
México Puerto Ordaz Facility:
phone: (52) 81 8865-2828 Av. Guayana, Zona Industrial Matanzas,
(8050) Puerto Ordaz, ESTADO BOLÍVAR
Monterrey Coated Steels Facility: Venezuela
Av. De la Juventud 340 Nte. phone: (58) 286 600-7535
Col. Cuauhtémoc. fax: (58) 286 600-7370
(66450) San Nicolás de los Garza,
NUEVO LEÓN
México
phone: (52) 81 8748-0100
PERU
Ternium
Jorge Chavez 631, Piso 8°, Of. 801
Miraflores, LIMA
Peru
phone: (51) 1 445-8877
fax: (51) 1 242-4719
USA
Ternium
ADDRESSES
69
TECHINT ENGINEERING AND CONSTRUCTION
ARGENTINA CHILE
Ferroexpreso Pampeano S.A. Techint Chile S.A.
Head Office: Av. del Valle 937, Of. 355
Hipólito Bouchard 557, Piso 15° Ciudad Empresarial, Huechuraba
(C1106ABG) Buenos Aires Santiago
Argentina Chile
phone: (54) 11 4018-7900 phone: (56) 2 738-4892/728-0121/728-0107
fax: (54) 11 4018-7930 fax: (56) 2 738-4882
e-mail: fepcomer@fepsa.com.ar e-mail: techint@techint.cl
Industrial Center:
Brickman 2200 ECUADOR
8000 Bahia Blanca
Argentina Techint Compañia Tecnica
Internacional S.A. (Tequi)
Losa - Ladrillos Olavarria S.A.
Av. 12 de Octubre n° 26-97 y A. Lincoln
Head Office: Edificio Torre 1492, Piso 3°, Of. 304
Hipólito Bouchard 557, Piso 15° Pichincha, QUITO
(C1106ABG) Buenos Aires Ecuador
Argentina phone: (593) 2 2986-240
phone: (54) 11 4018-5697 fax: (593) 2 2986-152
fax: (54) 11 4018-5649 e-mail: info@techint.com.ec
e-mail: losa@techint.net
Industrial Center:
Ruta 51, Paraje San Jacinto
EGYPT
(B7400XAF) Olavarria, BUENOS AIRES Techint Cimimontubi
Argentina
phone: (54) 2284 493056/493156/493730 Cairo Office:
fax: (54) 2284 493041 28, Wadi-El-Nil Street
Mohandessin, CAIRO
Techint - Compañia Tecnica Egypt
Internacional S.A.C.I. phone: (20) 2 303-5558/6957
fax: (20) 2 303-6559
Hipólito Bouchard 557, Piso 16° e-mail: ponziano.prandi@techint.it
(C1106ABG) Buenos Aires
Argentina
phone: (54) 11 4018-4100
fax: (54) 11 4018-1000
ITALY
e-mail: info@techint.com Sirti S.p.A.
Via Stamira d'Ancona, 9
BAHRAIN (20017) Milano
Italy
Techint International phone: (39) 02 9588-1
Construction Corp. (Tenco) fax: (39) 02 9588-3333
e-mail: sirti@sirti.it
P.O. Box 15160, Manama
Building No. 542, Road 6012 Techint - Compagnia
(360) Zinj Tecnica Internazionale S.p.A.
Kingdom of Bahrain
phone: (973) 17 272-007/ 272-008 Via Monte Rosa, 93
fax: (973) 17 272-018 (20149) Milano
e-mail: techint@batelco.com.bh Italy
phone: (39) 02 4384-1
fax: (39) 02 4693026
BRAZIL e-mail: techint-milano@techint.it
70
Techint Cimimontubi S.p.A. UNITED ARAB EMIRATES
Via Monte Rosa, 93
(20149) Milano Techint International
Italy Construction Corp. (Tenco)
phone: (39) 02 4384-1 Sh. Khalifa Street
fax: (39) 02 43847130 Bin Hamoodah Building, 12th Floor
e-mail: techint.cimimontubi@techint.it P.O. Box 48075
Abu Dhabi
United Arab Emirates
MEXICO phone: (971) 2 627-4435/627-4436
fax: (971) 2 627-4437
Techint S.A. de C.V.
Edificio Plaza del Parque
Guillermo Gonzáles Camarena 1200 URUGUAY
Delegación Álvaro Obregón
(01210) SANTA FE, D.F. Techint Compañia Tecnica
Mexico Internacional S.A. (Teuru)
phone: (52) 55 8525-7000/7199 Rincón 487, Of. 403 Edificio Artigas
fax: (52) 55 8525-7100 (11000) Montevideo
e-mail: techint.mexico@techint.com.mx Uruguay
phone: (598) 2 915-7669
fax: (598) 2 915-8799
NIGERIA e-mail: techinturuguay@techint.com.uy
Techint Cimimontubi
NIGERIA Ltd USA
Plot 1142/14
Amodu Ojikutu Street Techint Inc.
Victoria Island, LAGOS 420 Fifth Avenue, 18th Floor
Nigeria New York, N.Y. (10018-2702)
phone: (234) 1 261-9921 USA
fax: (234) 1 262-0327 phone: (1) 212 376-6500
e-mail: tcmlos@yahoo.com fax: (1) 212 376-6600
c/o NLNG/TSKJ Project
Bonny Island, RIVER STATE
Nigeria
phone: (234) 84 270-550/1
(39) 02 4384-8417/8
fax: (234) 84 270553
(39) 02 4384-8420
e-mail: tcm.nigeria@techint.it
QATAR
Techint International
Construction Corp. (Tenco)
P.O. Box 8822
Doha
Qatar
phone: (974) 444-0303/444-0304
fax: (974) 444-0305
SAUDI ARABIA
Saudi Techint Ltd
ADDRESSES
71
T E N O VA
AUSTRALIA CHINA
Techint of Australia Pty Limited Techint Industrial
Technologies (Beijing) Co. Ltd
Level 4, 5-9 Harbourview Crescent,
(NSW 2061) Milsons Point, 1305 Air China Plaza
NEW SOUTH WALES 36, Xiaoyun Lu
Australia (100027) Beijing
People's Republic of China
Techint - Semf Pty Limited phone: (86) 10 8447-5656
1283-1285 Malvern Road fax: (86) 10 8447-5858
(VIC 3144) Malvern, MELBOURNE e-mail: ruby@techint.com.cn
Australia
phone: (61) 3 9824-8677 Timec - Tianjin International
fax: (61) 3 9824-7702 Modern Equipment Co. Ltd
e-mail: techint-semf@techint-semf.com.au Room 401, Building 4 - West,
Binhai Finance Center, 51 Third Av, TEDA
(300457) Tianjin
AUSTRIA People's Republic of China
phone: (86) 22 59810-810
Key Technologies GmbH fax: (86) 22 59 810-801
Inkustraße 1-7/B/1/1 e-mail: timec@timec.com.cn
(A-3400) Klosterneuburg
Austria Loi Thermprocess
phone: (43) 224 334-590-0 (Tianjin) Co. Ltd
fax: (43) 224 334-590-20 Floor. 2 B Tech Development Center N. 8
Keyan East Road Nankai
(300192) Tianjin
BRAZIL People’s Republic of China
phone: (86) 22 87890588
Techint Italimpianti fax: (86) 22 87892018
do Brasil Ltda e-mail: loi@loi.com.cn
Rua Tabapuã 41 - 9° Andar - Itaim Bibi
(04533-010) São Paulo, S.P. Loi Beijing
Brazil Thermprocess GmbH
phone: (55) 11 2137-6067/6313 Representative office:
fax: (55) 11 37076076 E-55 King's Garden Villa N. 18
e-mail: italimpiantidobrasil@techint.com.br Xiaoyun Road Chaoyang
(100016) Beijing
People’s Republic of China
CANADA phone: (86) 10 6464-9981/9976/9978
fax: (86) 10 6464-9982
Techint Goodfellow
Technologies Inc. Loi Shanghai
170-7070 Mississauga Road Thermprocess GmbH
Dupont Building Representative office:
(L5N7G2) Mississauga ON, TORONTO No.124 Baocheng Garden Villa 339
Canada Shuangcheng Road Baoshang
phone: (1) 905 567-3030 (200940) Shanghai
fax: (1) 905 567-3899 People’s Republic of China
e-mail: info@tgti.ca phone: (86) 21 56565162
fax: (86) 21 56565162
72
GERMANY Tenova
Pomini
Via Leonardo da Vinci, 20 MEXICO
(21053) Castellanza, VARESE
Italy Hyl Technologies S.A. de C.V
phone: (39) 0331 444111 Ave. Eugenio Clariond Garza 155
fax: (39) 0331 504361 Colonia Cuauhtémoc
ADDRESSES
73
POLAND USA
Loi-Poland Sp. z o.o. Loi Inc.
ul. Zagórska 79 333 Technology Drive, Suite 109
(42-680) Tarnowskie Gory Canonsburg,
Poland (15317) PENNSYLVANIA
phone: (48) 32 284-1639/1361 USA
fax: (48) 32 284-2223 phone: (1) 724 743-1120
e-mail: loi@loi.pl fax: (1) 724 743-1130
e-mail: info@loiinc.com
RUSSIA
UZBEKISTAN
Techint
Representative Office for C.I.S. Techint
c/o Italian Uzbek
Voznesenskij per., dom 20 Chamber of Commerce
Stroenie 3
(125009) Moscow Kh. Abdullaeva street, 30, room 511
Russia (700007) Tashkent
phone: (7) 495 7265943/44 Republic of Uzbekistan
fax: (7) 495 9377712 phone: (998) 71 3807168
e-mail: temos@techint.it fax: (998) 71 1690-049
e-mail: irtech@rol.uz
SOUTH AFRICA
Pyromet Ltd
10 Sherborne Road, Parktown, Johannesburg
P.O. Box 61582
(2107) Marshalltown
Republic of South Africa
phone: (27) 11 480-2000
fax: (27) 11 482-1942
e-mail: pyromet@pyromet.co.za
74
TECPETROL
ARGENTINA Transportadora
de Gas del Norte S.A.
Litoral Gas S.A.
Head Office:
Head Office: Don Bosco 3672, Piso 4°
Mitre 621 (C1206ABF) Buenos Aires
(2000) Rosario, SANTA FE Argentina
Argentina phone: (54) 11 4008-2000
phone: (54) 341 420-0100 fax: (54) 11 4008-2242
fax: (54) 341 420-0101
Buenos Aires Office: ECUADOR
Talcahuano 833, Piso 3° C
(C1013AAQ) Buenos Aires Tecpecuador S.A.
Argentina
phone: (54) 11 5789-9500 Av. 12 de Octubre n° 26-97 y A. Lincoln
fax: (54) 11 5789-9505 Edificio Torre 1492, Piso 2°
Quito
Tecpetrol S.A. Ecuador
phone: (59) 3 2 2986240
Chubut Blocks: fax: (59) 3 2 2986215
Ruta Nacional 26
Desvío El Tordillo
(9000) Comodoro Rivadavia, CHUBUT MEXICO
Argentina
phone: (54) 297 449-0100 Tecpetrol México
fax: (54) 297 449-0140
1° de Mayo n° 34
Head Office: Col. José de Escandón
Carlos Maria Della Paolera 299, Piso 20° (88680) Reynosa
(C1001ADA) Buenos Aires RFC de SMBU: SMB - 031107-342
Argentina RFC de SMEX: TSE - 040210 - BAO
phone: (54) 11 4018-5900 México
fax: (54) 11 4018-5939 phone/fax: (52) 899920-4936
Neuquén-Río Negro Blocks:
Ruta Nacional 151 - km 76,5
Río Negro,
PERU
Casilla de Correo 743 Transportadora
(Q8300ZAA) Neuquén de Gas del Peru S.A.
Argentina Head Office:
phone/fax: (54) 299 489-5533 Av. Víctor Andrés Belaúnde N° 147
15 555-3011/15 581-7730 Vía Principal N° 155
Salta Blocks: Edificio Real Tres, Oficina 501
Cornejo 194 Centro Empresarial Real
(A4560BGD) Tartagal, SALTA San Isidro, LIMA 27
Argentina Peru
phone: (54) 3875 42-9100 phone: (51) 1 617-7777
fax: (54) 3875 42-9101 fax: (51) 1 617-7725
Head Office:
Don Bosco 3672, Piso 4°
(C1206ABF) Buenos Aires
Argentina
phone: (54) 11 4008-2000
fax: (54) 11 4008-2242
75
H U M A N I TA S
76
NOTES
NOTE
Published in October 2006
N. of copies: 6,200