Tenaris S.a. · MIL:TEN
Tenaris — Investor Presentation (October 2008)
17 slides from Tenaris's investor presentation, Oct 14, 2008
Slide 1: Company Overview
Company Overview October 14, 2008
Slide 2: Global Industrial System
Global Industrial System Serving the world’s energy industry and other industrial applications • Annual manufacturing capacity of six million 2007 Net Sales by Region tons of steel pipes - 3.4 million tons of seamless pipes Far East & Oceania 7% - 2.7 million tons of welded pipes Middle North Americ
Slide 3: Worldwide Operations
Worldwide Operations Company Overview Tenaris October 14, 2008 3
Slide 4: A History of Industrial Enterprise
A History of Industrial Enterprise • 1930s Agostino Rocca, Techint’s founder, is Managing Director at Dalmine • 1954 Tamsa and Siderca begin operations • 1980s Siderca expands capacity for export markets • 1986 Siderca acquires Siat, an Argentine welded pipe manufacturer • 1993 Siderca and Tamsa for
Slide 5: Integrated Industrial Management
Integrated Industrial Management • 4 electric steel shops • 16 rolling mills • 32 welded tube mills • 60 finishing lines • One Quality Management System (ISO 9001:2000) • One Health, Safety and Environment Management System (OHSA 18000 and ISO 14000) Company Overview Tenaris October 14, 2008 5
Slide 6: Focused on Four Market Segments
Focused on Four Market Segments Leading global manufacturer and supplier of tubular products and services used in: • Drilling, completion and production of oil and gas Oilfield Pipeline Services Services • Transportation of oil and gas • Process and power plants • Specialized industrial and automoti
Slide 7: Oilfield Services
Oilfield Services A full range of products and services for ever the most demanding E&P environments TenarisHydril • Deepwater • Deep directional • Sour gas • Thermal • Arctic • Horizontal and extended reach • Drilling with casing Company Overview Tenaris October 14, 2008 7
Slide 8: Oilfield Services
Oilfield Services Managing the supply chain from the mill to the well • Technical design and product • Accessories management selection services • Field support services • Inventory and pipe • Consultancy and post-installation management services • Just-in-time delivery to the rig Company Overview T
Slide 9: Pipeline Services
Pipeline Services Advanced line pipe technology for new drilling frontiers Steel Catenary Risers Top Tension Risers Bends Upset SCR TDZ Flowlines Buckle Arrestors Company Overview Tenaris October 14, 2008 9
Slide 10: Process & Power Plant Services
Process & Power Plant Services • Close relationship with main HPI process plant contractors worldwide for the planning and sourcing of materials for major projects • Extensive product range including large diameter pipes of up to 28’’ in special steel grades, able to withstand high pressure/high tem
Slide 11: Industrial & Automotive Services
Industrial & Automotive Services • Focus on highly specialized growth markets including hydraulic cylinders, gas cylinders, automotive components such as airbag inflator vessels, and general mechanical and engineering applications • Tailor-made products offering longer product life, weight reduction
Slide 12: An Integrated R&D Network
An Integrated R&D Network - Four dedicated research centers specializing in: Argentina Steel making processes OCTG products Italy Rolling processes Mechanical and power generation products Japan Products with high chrome steel level Mexico Welding processes Linepipe products - Full-scale testing and
Slide 13: Pursuing the Highest Standards in QHSE
Pursuing the Highest Standards in QHSE • QHSE standards and objectives integrated into all management processes • Principles of sustainable development integrated into all operations • Employee health and safety, customer satisfaction and protection of environment are equal and absolute priorities V
Slide 14: Investing in Human Resources
Investing in Human Resources • Corporate university to align knowledge and Personnel employed per country oversee training • 68 hours of training per salaried employee in Canada Japan 4% 3% 2007 Romania 6% Argentina 27% Others • Global Trainee Program: 2-year program for 7% graduate-level entry Braz
Slide 15: Community Development
Community Development • Conviction that industry contributes to Investment in Community programs lasting and equitable economic growth US$11 million (FY 2007-2008) • Working together with local authorities and non-governmental organizations to promote and obtain support for the company’s industrial
Slide 16: Integrity and Transparency
Integrity and Transparency • Code of Conduct applicable to all employees • Guiding principles of integrity and transparency for relations between employees, suppliers, customers and third parties • Transparency lines open for employees, suppliers, customers and shareholders • Rigorous international
Slide 17: Company Overview Tenaris October 14, 2008
Company Overview Tenaris October 14, 2008 17