Centravis Production Ukraine (Nikopol, Dnipropetrovs’k region), a member of Centravis Ltd. holding, has agreed to supply a new batch of stainless steel pipes to South Korea for the largest hydrogen production plant.
According to a press release on Monday, Centravis has received an order for seamless pipes for a new hydrogen production plant in the South Korean city of Ulsan.
It is specified that the volume of delivery is 15 tons, and the client from South Korea ordered pipes for furnaces.
The company noted that Centravis has previously fulfilled orders for hydrogen projects. In particular, the Ukrainian company became a participant in a project to produce hydrogen-powered cars in the EU.
“Centravis has also agreed to supply seamless pipes from a German company specializing in hydraulic connections for the production of hydraulic connections with a high degree of leakage protection, in particular in projects using hydrogen and compressed natural gas.
“We are actively working in the Asian and Middle Eastern markets. And this contract is another step forward for us, especially since the construction of a hydrogen production plant has already become a landmark project for South Korea and the entire region,” said Artem Atanasov, Centravis Sales Director.
The construction of the Ulsan plant is expected to be completed in 2026. Its capacity will be 92,000 cubic meters per hour, or 8.2 tons. The volume of investments is about $157 million. It will be the largest hydrogen production plant in South Korea.
The press release states that Ulsan has become the center of the country’s hydrogen industry. Hyundai Motor and local authorities have recently agreed to create a hydrogen ecosystem in the city. In particular, the Korean automotive manufacturer presented a prototype of a hydrogen tram with a range of up to 150 km and a refueling time of up to 10 minutes.
The city recently unveiled the world’s first complex of “hydrogen apartments” that uses electricity and heat from hydrogen fuel cells, which provides significant savings in electricity costs.
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is among the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Steel Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine.
Centravis Production Ukraine (Nikopol, Dnipropetrovska oblast), a member of the Centravis Ltd. holding, supplies seamless stainless steel pipes to Ferrari, a sports car manufacturer in Italy.
According to a press release, the Ukrainian manufacturer has been regularly shipping pipes to the Italian automotive company in recent years. The total volume of deliveries annually amounts to about 10 thousand meters of finished products.
It is also specified that since Ferrari engines are more powerful than those of conventional cars, Italian automakers have special requirements for fuel pipes, in particular, their ability to operate under extremely high pressure, be wear-resistant, not have hidden defects, etc.
Currently, Centravis supplies Ferrari with pipes with wall thicknesses ranging from 3.5 to 5.5 mm, which are used for high-pressure fuel rails.
“Ferrari is a top-level brand. There is no room for error in cooperation with such brands, and we are pleased that we have managed to establish systematic cooperation and prove that Ukrainian quality can meet global standards,” says Artem Atanasov, Centravis Sales Director.
At the same time, it is recalled that in the fall of this year, Centravis announced the fulfillment of a special order for SpaceX (USA).
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman and others.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
Centravis Production Ukraine, a part of Centravis Ltd. holding, paid UAH 405 million to the budgets of all levels in January-September this year, which is approximately the same as in the same period.
“In terms of calendar days, our company pays about UAH 1.5 million in taxes every day. This is a significant amount and an important result of our entire team,” said Alexander Joseph, CFO of Centravis, as quoted in the company’s press release on Wednesday.
According to him, the company pays great attention to social responsibility and strives to support its employees working in difficult circumstances in frontline Nikopol. In particular, in 2024, the salary level was revised twice, which now averages UAH 27,912.
It is also recalled that in 2023, Centravis transferred UAH 0.56 billion to the budgets of all levels. Thus, the company is expected to pay approximately the same amount of taxes and fees in 2024 as in 2023.
As reported, Centravis increased its pipe production by 8% year-on-year to 10.18 thousand tons in 9M2024 (9.4 thousand tons in 9M2023). The share of exports in total production in 2024 reached 98.9%.
“In 2023, Centravis increased production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is one of the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
PJSC Centravis Production Ukraine, a part of Centravis Ltd. holding, increased pipe production by 8% year-on-year to 10.1 thousand tons in January-September this year (9.4 thousand tons in 9M2023).
According to a press release on Monday, citing Andriy Krasiuk, Chief Operating Officer, Centravis exports almost all of its products mainly to the EU, the US, and the Middle East and Asia.
The share of exports in the volume of production in 2024 reached 98.9%.
“In 2023-2024, we have a stable positive production growth trend. It may look a bit strange against the backdrop of the news from Nikopol, but these figures hide the great work of the entire team. Every day we prove to ourselves, our colleagues and customers that Centravis can operate even in the current conditions,” stated Mr. Krasiuk.
According to him, the company has many projects underway this year. One of them is a completed order for SpaceX.
“We are now preparing for the world-famous ADIPEC-2024 exhibition in Abu Dhabi, where we will have our own stand. We are working, developing, and not resting on our laurels,” said the production director.
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is one of the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine.
Centravis Production Ukraine, a part of Centravis Ltd. holding, has agreed to regularly supply seamless stainless steel pipes to Voss Fluid, a German company specializing in hydraulic connections.
According to a press release on Wednesday, Ukrainian seamless pipes are used to produce connections with a high degree of leakage protection even in the most difficult operating conditions, in particular, in projects using hydrogen and compressed natural gas.
It is explained that Voss Fluid has now developed and patented a special hydrogen hydraulic connection. Centravis mainly supplies pipes for such projects.
“We have a systematic cooperation, as our German colleagues need consistent quality and a reliable supplier. The annual supply volume is measured in tens of tons. We expect that the number of orders in this segment will grow over time, as hydrogen projects become more popular every year,” said Viktor Chernetskyi, Key Account Manager at Centravis.
It is worth reminding that Centravis, together with the French company Duncha France, has become a participant in a project to produce hydrogen-powered cars in the EU. For its implementation, Centravis has developed a line of high-precision seamless stainless steel pipes H2FIT. They will be installed in light trucks and will help comply with EU regulations under the zero-carbon initiative.
Earlier it was reported that in the first half of 2024, Centravis increased production by 9% to 6.88 thousand tons of seamless stainless steel pipes. In 2023, the company produced 12.2 thousand tons of such pipes. More than 99% of this volume was exported to 38 countries.
Germany, Italy and the United States are among the largest consumers of Ukrainian seamless pipes.
Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
Centravis Production Ukraine, a part of Centravis Ltd.
“This month marks a turning point for Centravis: we are introducing our latest innovation – the launch of Balev 304L® and Balev 316L®. These innovative steel grades are designed specifically for high-pressure environments and mark a step forward in our product offering,” said Artem Atanasov, Centravis’ Sales Director, in a letter to customers.
According to him, thanks to the patented heat treatment technology, Balev 304L® and Balev 316L® provide superior strength and corrosion resistance, making them ideal for critical applications in aerospace hydraulic systems, automotive fuel injection and other demanding industrial environments.
These materials are designed to outperform traditional duplex stainless steel, ensuring optimum performance even in the most demanding environments, Atanasov said.
“I would also like to report on the stability of Centravis’ operations. The power and water supply remain stable, which ensures the smooth operation of our company,” emphasized the Sales Director.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
