Business Highlights
These recent Sumitomo Corporation of America (SCOA) Tubular Products Division business highlights bolster our goal of maintaining our customers' long term confidence as valuable business partners.
New Tubular Acquisitions Keeps The Pipeline For Growth Open
Despite an overall economic downturn, SCOA’s Tubular Group continues to achieve success in the area of OCTG pipe business. ased on its predictions of strong long-term energy demand and consistent future growth in this business.
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Tubular Solutions Alaska and Unique Machine LLC
Tubular Solutions Alaska provides complete supply chain management OCTG services to oil wells as far as 700 miles north of their main offices in Anchorage, Alaska.
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Premier Pipe
Established in 1987, Premier Pipe sells casing and tubing to the oil and gas industries and in recent years has increased their logistics expertise, sending crucial OCTG (Oil Country Tubular Goods) to active wells from bonded and insured stockyards as it's needed by its customers. They expect to have about $500 million in sales in fiscal 2006.
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Sumitomo Supply Chain Management Services for Tubular Products Circle the Globe
It is a trend that is quickly spreading across many industries. More companies are ceding their supply chain operations to companies that specialize in these areas while they focus on their core competencies. And on the cutting edge of this change in the OCTG (Oil Country Tubular Goods) category is SCGTS (SC Globul Tubular Solutions), a subsidiary company created in 2002 by Sumitomo Corporation of America (SCOA), Sumitomo Corporation (SC), Sumitomo Corporation Europe (SCEU) and Sumitomo Corporation (Singapore) Pte. Ltd. (SCSI), specifically for Supply Chain Management (SCM) Operations.
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SCOA Participates in the Acquisition of North Star Steel’s Tubular Division
SCOA, along with Vallourec & Mannesmann Tube and Sumitomo Corporation, Japan, announced that it has entered an agreement to acquire North Star Steel's Tubular Division from its parent company, Cargill, Incorporated. This strategic acquisition strengthens the supply chain for SCOA and its affiliates, allowing them to continue to expand their role as top global suppliers of OCTG.
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Shell's Tension Leg Platform
SCOA supplied several kinds of tubular products, totaling 40,000 tons, for TLP (Tension Leg Platform) used by Shell in offshore drilling projects.
AB Tube Processing
SCOA established AB Tube Processing (ABTP) to provide a more finished product for inflator manufacturers. Located in Las Vegas, Nevada, the plant is central to its major customers. Using tubing from Sumitomo Metal Industries, ABTP cuts, forms, drills, punches, and washes to manufacture finished inflator canisters.