Tenaris S.a. · MIL:TEN
Tenaris — Investor Presentation (2021)
45 slides from Tenaris's investor presentation, 2021
Slide 1: This is Tenaris
This is Tenaris
Slide 2: This is a Tenaris process video
This is a Tenaris process video CLICK HERE TO WATCH
Slide 3: Global leader in pipes and related services for the world's energy industry
Global leader in pipes and related services for the world’s energy industry 6.5 16 3 US$ billion Countries R&D Centers Annual net sales Manufacturing Worldwide (2021) facilities Serving the world’s energy industry and other industrial applications. 3 23,000 25 Stock exchanges Employees (approx.) Cou
Slide 4: Worldwide operations
Worldwide operations Manufacturing Centers Service Centers R&D Centers Commercial/ Administrative Offices 3 of 40
Slide 5: A history of industrial enterprise
A history of industrial enterprise 1909 1914 1935 1954 1960 1986 1993 1996 Seamless pipe NKK is born Agostino Rocca, Tamsa and Confab starts Siderca Siderca and With Dalmine, manufacturing in Japan. Managing Siderca start production. acquires Siat. Tamsa the alliance is begins in Italy. Director at
Slide 6: A history of industrial enterprise
A history of industrial enterprise 1999 2000 2001 2002 2004 2006 2007 2009 Growth in Growth in The Tenaris The alliance Silcotub joins Growth in Hydril becomes SPIJ in Venezuela and Japan and brand is born. becomes one Tenaris. North America. part of Tenaris. Indonesia joins Brazil. Canada. company.
Slide 7: A history of industrial enterprise
A history of industrial enterprise 2010 2011 2017 2019 2020 2021 Threading New rolling The Bay City Tenaris grows Tenaris acquires TenarisBaogang breaks ground on new threading facility mill starts mill begins in the Middle East. IPSCO Tubulars, facility in China. opens in production in operations.
Slide 8: Integrated industrial management
Integrated industrial management 5 125 Electric steel shops Premium threading lines ISO 9001 14 7.8 Single Quality Management System Seamless rolling mills Million tons of steel pipes ISO 14001 and 28 4.7 ISO 45001 Welded tube mills Million tons of seamless pipes Single HSE Management System 63 3.2
Slide 9: Market segments
Market OCTG segments Line Pipe Hydrocarbon Processing Low Carbon Energy Power Generation Industrial & Mechanical Automotive PLEASE CLICK THE SEGMENT OF INTEREST FOR MORE INFORMATION 6 of 40
Slide 10: OCTG
RETURN TO MARKET SEGMENTS OCTG
Slide 11: Integrated tubular solutions for the oilfield
OCTG RETURN TO MARKET SEGMENTS Integrated We combine innovative technology, reliable product quality and efficient service. Our unmatched range of product solutions tubular solutions can meet the needs of drilling and completion operations across all applications. At Tenaris, innovation goes beyond
Slide 12: Rig Direct
OCTG RETURN TO MARKET SEGMENTS Rig Direct® Digital customer experience: our suite of digital tools grants transparency and streamlines administrative With Rig Direct®, we partner with oil and operational aspects of the pipe lifecycle. and gas customers throughout their drilling projects. Rig Direct®
Slide 13: Premium Connections
RETURN TO MARKET SEGMENTS Premium Connections Unconventionals Casing-While-Drilling Our unmatched range of product solutions can Deepwater Geothermal meet the needs of drilling and completion Shallow Water Thermal (SAGD & CSS) operations (including injection wells) across all HP/HT & Deep Wells Matu
Slide 14: Line Pipe
RETURN TO MARKET SEGMENTS Line Pipe For offshore and onshore applications
Slide 15: Solutions for offshore applications
RETURN TO MARKET SEGMENTS Solutions for offshore applications We provide: We offer integral, customized solutions, from pipe manufacturing -with precise dimensional Line pipe Bends Riser connections tolerances- to services and accessories, backed by global, state-of-the-art industrial and R&D networ
Slide 16: Solutions for offshore applications
RETURN TO MARKET SEGMENTS Solutions for offshore applications With the most significant track record in the industry, more than 30,000 kilometers of our pipelines have been successfully installed in the most stringent environments worldwide. Tenaris is constantly partnering with our customers on inn
Slide 17: Line pipe for onshore applications
RETURN TO MARKET SEGMENTS Line pipe for onshore applications Steel pipes for: Going beyond pipe requirements, we provide the onshore Oil and gas Water works Mineral slurry market with integral, customized solutions, from pipe production to services and accessories, backed by global, In addition to o
Slide 18: Hydrocarbon Processing
RETURN TO MARKET SEGMENTS Hydrocarbon Processing
Slide 19: Hydrocarbon Processing
Hydrocarbon Processing RETURN TO MARKET SEGMENTS Tenaris provides a wide range of seamless steel tubes and pipes for refineries, Hydrocarbon petrochemical and gas-processing plants. Processing Tenaris designed the Total Cost of Ownership model, which takes into account all variables that may impact
Slide 20: Low Carbon Energy
RETURN TO MARKET SEGMENTS Low Carbon Energy
Slide 21: Low Carbon Energy
Low Carbon Energy RETURN TO MARKET SEGMENTS Low Carbon Our technical expertise, technological capabilities Energy and drive for innovation power our product offer for energy transition applications. To ensure a 360-degree approach that captures all possible synergies, we have launched a global R&D p
Slide 22: Tenaris Hydrogen era
Low Carbon Energy RETURN TO MARKET SEGMENTS Tenaris In 2021, Tenaris launched THera™, a new brand Hydrogen era to represent its proprietary products and materials technology for hydrogen applications. These include: • Hydrogen storage systems • Tube trailers • Pipelines for hydrogen transportation •
Slide 23: Power Generation
RETURN TO MARKET SEGMENTS Power Generation
Slide 24: Power Generation
RETURN TO MARKET SEGMENTS Power Generation Tenaris provides innovative products and services to meet the most stringent requirements in the Power Generation Industry (HRSG, waste-to-energy and biomass, heat exchangers and conventional boilers), offering a customized and flexible package, which allow
Slide 25: Continuous improvement and development of materials and supply chain management
RETURN TO MARKET SEGMENTS Our focus is on continuous improvement & development of materials and supply chain management services. High quality seamless tubes & pipes from Unique metallurgical expertise Carbon up to advanced 12% Cr (Thor™115) (Tenaris creep data exceed 25 Million hours) Tube length u
Slide 26: Industrial & Mechanical
RETURN TO MARKET SEGMENTS Industrial & Mechanical
Slide 27: Industrial & Mechanical
RETURN TO MARKET SEGMENTS Industrial & Mechanical Mechanical tubing Tenaris provides hot-rolled and cold-drawn seamless steel tubes Mining tools Hydraulic cylinders and components used in mechanical engineering applications and in civil and industrial installations as well as for manufacturing earth
Slide 28: Automotive
RETURN TO MARKET SEGMENTS Automotive
Slide 29: Automotive
RETURN TO MARKET SEGMENTS Automotive 01. 02. 03. Tenaris provides a wide range Cold-drawn and hot-rolled seamless A worldwide network of Automotive of seamless tubes and tube-based tubes produced for application Component Centers located in Italy, components according to IATF in airbags, steering, c
Slide 30: Sustaining Values
Sustaining Health and Safety Values Environment Innovation Our people Community Relations Governance and Ethics PLEASE CLICK THE VALUE OF INTEREST FOR MORE INFORMATION
Slide 31: Health and Safety
RETURN TO SUSTAINING VALUES Health and Safety A SAFETY CULTURE 2,4 2,4 Lost time injury 1,8 Our number one priority frequency rate 1,1 1,1 1 Tenaris focuses on manufacturing and delivering products Accidents per million man/hours responsibly and safely, preventing harm to its people, mills, supplier
Slide 32: Health and Safety
RETURN TO SUSTAINING VALUES Health and Safety Investing in our operations More than 10% of our capital expenditures are focused on projects that reduce the risks of operations and the environmental footprint of our activities. Improvements at workplace were done on behalf of our commitment to lead w
Slide 33: Health and Safety
RETURN TO SUSTAINING VALUES Health and Safety Coronavirus Management Plan Company-wide health protocols were implemented: mandatory use of facemasks, face shields and PPE in all areas. Health check points were set up at mills and offices entries; disinfection and cleaning routines were increased. Sa
Slide 34: Environment
Environment RETURN TO SUSTAINING VALUES Environment CO2 Emissions: Tubular production and processing sites (including steel shops) 7 1,5 Left axis: Million tons CO2 Tons CO2 / tons steel Scope 1 tons CO2 : direct emissions 6 Tenaris is committed to developing a long-term Scope 2 tons CO2 : indirect
Slide 35: Decarbonization Strategy
RETURN TO SUSTAINING VALUES Decarbonization Strategy 30% Reduction in CO2 intensity per ton of steel (Scopes 1, 2 & 3) Target 2030 vs 2018 values Increase Renewable Energy scrap use electricity efficiency USD 80 Collaboration with per ton CO2 partners to minimize CO2 footprint Internal carbon price
Slide 36: Improving our performance
RETURN TO SUSTAINING VALUES Improving our performance We apply the best available technologies in all new lines, aiming at improving our performance beyond local applicable requirements. Main figures 78% Recycled content 99% Material efficiency in 01 05 in our steel steel producing sites EPA minor s
Slide 37: Innovation
INNOVATION RETURN TO SUSTAINING VALUES Research for today and tomorrow Innovation How we innovate Digital customer experience Network of R&D centers. We promote digital integration Team of researchers. between our customers and Support our customers’ Tenaris systems, enabling operations worldwide. s
Slide 38: Our people
RETURN TO SUSTAINING VALUES Our people 23,000 employees worldwide DEC 2021 TenarisUniversity organizes company-wide training including managerial and leadership development focused on knowledge excellence and active employee participation. 35 hours of training per professional and 36 hours of traini
Slide 39: Community Relations
RETURN TO SUSTAINING VALUES Community Relations Our commitment in numbers Our mission We are convinced that an industrial project contributes to sustainable growth and inclusive community development. Being education the primary focus of our programs and promoting technical education as a tool for p
Slide 40: Community Relations
RETURN TO SUSTAINING VALUES Community Relations Our actions Investment in community programs: In 2021, as the world began to adapt to the pandemic, we USD $14.5 million (USD 6.9 MILLION DIRECT) returned the focus of our community program to education. INVESTED IN OUR COMMUNITIES IN 2021 As in previo
Slide 41: Governance and Ethics
RETURN TO SUSTAINING VALUES Governance and Ethics A Code of Conduct, a Policy on Business Conduct and a Code of Conduct for Suppliers including guidelines and standards of integrity and transparency. A Business Conduct Compliance Officer (BCCO) leading the Business Conduct Compliance Program across
Slide 42: Committed to transparency
Governance and Ethics RETURN TO SUSTAINING VALUES Committed to transparency Ethics Framework: Code of Conduct Tenaris actively promotes a culture of transparency and integrity based on ethical behavior and compliance Code of Conduct for Suppliers with the law. Our Code of Conduct is the cornerstone
Slide 43: Business conduct
Governance and Ethics RETURN TO SUSTAINING VALUES Business conduct Tenaris has an active company-wide Business Conduct Compliance Program (BCCP) which fosters a culture of ethical conduct. Employees are expected and periodically trained to be aware of risks and controls, and to be responsible for th
Slide 44: Governance
Governance and Ethics RETURN TO SUSTAINING VALUES Governance Tenaris is a global company with our holding company organized under Luxembourg law. Tenaris is listed on the New York Stock Exchange, the Italian Stock Exchange and the Mexican Stock Exchange. Responsibility for Tenaris management resides
Slide 45: Thank You
Our contact media Thank You Find us at Tenaris.com