Annual Report 2005 - Tenaris

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32. TenarisConfab In 2005 more than R$ 47 million was invested in amplifying and modernizing the plants to improve quality, automation and the competitiveness of the company.
PIPES - BOOKED ORDERS MILLLIONS OF R$ 1000 800 600 400 200 0 713.4 long pipeline consisting of 16” diameter pipes for transporting iron ore from the state of Minas Gerais to the Espiríto Santo coast. In Argentina, if the gas transportation deficit continues throughout the winter and if the current industrial growth and GDP projections for the coming years hold true, there will be an increase in the demand for gas, making it very likely that projects such as the Loops and the gas pipeline under study to bring gas from Bolivia will be implemented. In the overseas markets, the demand and the prices of natural gas and petroleum are at high levels, producing a favorable scenario for the execution of large exploration and production projects and, consequently, elevating potential sales in countries in North America and Africa. 788.9 299.6 965.9 490.8 2001 2002 2003 2004 2005 PIPES - PRODUCTION THOUSANDS OF TONS 500 400 300 200 100 0 347.7 434.0 288.6 306.9 383.2 2001 2002 2003 2004 2005 In the following chart, we show the evolution of TenarisConfab order book over the last five years. Production Production in 2005 reached the level of 383.2 thousand tons, a 25% increase over 2004. The chart below shows the evolution of pipe production from 2001 to 2005. A number of production records were broken during the year, notably in SAW pipe manufacture and coating. Additionally, a series of challenges with high demands in terms of quality requirements were successfully met, such as pipe production for the deep and shallow Campos Basin petroleum outflow and treatment projects (PDET in their Portuguese acronym). 33. Annual Report 2005
Page 1: Annual Report 2005
Page 4 and 5: Company profile More than 60 years
Page 6 and 7: It was during this period, with the
Page 8 and 9: 8. TenarisConfab
Page 10 and 11: Highlights 10. TenarisConfab
Page 12 and 13: Message to the shareholders 12. Ten
Page 14 and 15: The segment supplying fuel tanks fo
Page 16 and 17: Letter of principles 16. TenarisCon
Page 18 and 19: Business review 18. TenarisConfab
Page 20 and 21: 20. TenarisConfab On a daily basis,
Page 22 and 23: 22. TenarisConfab The graph shows t
Page 24 and 25: The challenges TenarisConfab faced
Page 26 and 27: Leading indicators 26. TenarisConfa
Page 28 and 29: Pipes 28. TenarisConfab
Page 34 and 35: PRA-1 is a Petrobras project aimed
Page 36 and 37: Equipments 36. TenarisConfab
Page 40 and 41: Social action review 40. TenarisCon
Page 42 and 43: 42. TenarisConfab The quality of th
Page 44 and 45: The program modules are designed to
Page 46 and 47: In 2005, Confab invested R$5.3 mill
Page 48 and 49: Board of Directors 48. TenarisConfa
Page 50 and 51: Balance sheet 50. TenarisConfab ASS
Page 52 and 53: Income statement GROSS REVENUE Sale
Page 54 and 55: Statement of changes in financial p
Page 56 and 57: Explanatory notes 56. TenarisConfab
Page 60 and 61: Explanatory notes . 60. TenarisConf
Page 64 and 65: 64. TenarisConfab In 1991, the stoc
Page 66 and 67: 66. TenarisConfab ACCOUNTS CURRENT
Page 80 and 81: Statement of cash flow 80. TenarisC
Page 82 and 83:
Report of the Independent Auditors
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Annual Report 2005 - Tenaris

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