Corinth Pipeworks has a history of nearly half a century in steel pipe manufacturing. There are many significant milestones during this long and evolving journey some of which are shown below:
2000's
- This decade is a major breakthrough in the history of our Company. A brand new plant is constructed in
Thisvi, 125Km North-West of Athens and our production facilities are relocated. Sidenor Group, the major
Greek steel manufacturer acquires a majority holding and a massive restructuring plan begins. The Company
publishes its first Corporate Responsibility and Sustainable Development Report.
2000
Corinth Pipeworks health, safety and environmental policies and systems accredited and certified in accordance with the OHSAS 18001 and ISO 14001 international standards.
Establishment of CPW America to strengthen Corinth’s presence and commercial network in the America’s.
Awarded the project of the foundation piles of the bridge Harilaos Trikoupis in Greece (Rio-Antirio bridge).
2001
Start-up of Thisvi plant where all current manufacturing operations are based.
Corinth Pipeworks is qualified and awarded the first pipeline project from EXXON MOBIL.
Awarded our first X80 grade casing pipe project for the UK North Sea.
2002
Qualification by Chevron and award of offshore gas pipeline project.
First project awarded by Shell Deepwater for an offshore pipeline in Gulf of Mexico.
First CO2 Pipeline project in U.S.A.
Pipes capable of performing in severe and demanding conditions, like sour gas: New laboratory for sour service performance testing (HIC & SSCC) is an extra competitive advantage that can offer decreased time for testing and high flexibility in coordination with pipe production to achieve the delivery schedule.
2004
Acquisition of a majority holding by Sidenor S.A.
Start of the restructuring plan.
2005
The production plant in Corinth ceases operations.
2006
Successful completion of restructuring plan.
Corinth Pipeworks and TMK reach an agreement regarding the establishment of a joint venture for the production of medium-diameter pipes in Russia.
2007
The ZAO TMK-CPW joint venture factory begins operations in Polevskoy, Russia.
2008
The ZAO TMK-CPW joint venture solidifies its presence in the Russian market.
2009
Upgrade of the HFI line, to produce steel pipes with an outside diameter of 26'' (world first).
Publication of the first ‘Corporate Responsibility and Sustainable Development 2008’ report with an emphasis on adherence to Global Reporting Initiative guidelines, Version G3.
2010's
- Shared value for all our stakeholders: The implementation of strategic investments, combined with the
participation in major and demanding projects, firmly establish the Company internationally. Corinth
Pipeworks Holdings SA is absorbed by Cenergy Holdings SA.
2010
Issue of the second “Corporate Responsibility and Sustainable Development” report for 2009 in the context of international reporting standards (GRI). This Report is more thorough in terms of indicators pursuant to GRI-G3 standard and falls under GRI Level B.
The first 26” HFI pipeline project in the world is awarded to Corinth Pipeworks in U.S.A.
High Performance award, a commendation for the 2009 Corporate Responsibility and Sustainable Development Report by the University of the Aegean.
The Investment for the production of hollow sections in the TMK-CPW plant in Polevskoy, Russia is concluded.
2011
Upgrade of the external coating plant at Thisvi includes acid wash pre-cleaning facilities.
2012
A weld-on connectors unit is installed in cooperation with Marubeni Itochu (MITE) and Oilstates Industries (OSI).
Corinth Pipeworks is awarded the first worldwide X70 HIC resistant HFI pipeline project in U.S.A.
A Memorandum of Understanding (MOU) is signed with SMS Meer for the supply of a new pipe production unit which will manufacture using the LSAW-JCOE method. This investment will result in a significant widening of Corinth Pipeworks’ target market as these LSAW pipes will be suitable for the most challenging offshore and onshore oil and gas pipeline, riser and casing pipe, and heavy structural steel applications.
2013
Relocation of an ERW/HFI pipe mill from Almyros, Magnesia to Thisvi plant. The pipe mill has a production range of outside diameter up to 7 5/8” which has significant applications in construction and OCTG markets.
2014
Installation of in-house corrosion testing laboratory for sour service applications.
Corinth Pipeworks’ Annual Financial and Sustainability Report 2013 fulfilled the requirements of level A+ of the GRI G3.1 Guidelines and took the relevant statement from the international organization Global Reporting Initiative.
Signing of three major new contracts in the US, two of which are the Company’s biggest in the US.
2015
ERW/HFI pipe mill is upgraded to produce pipes with max. length of 24m (from 18m)
Upgrade of the external coating mill to coat pipes up to 24m length (from 18m).
The new LSAW pipe mill investment is complete, enabling CPW to offer one of the widest product range of welded pipes worldwide. CPW is now ready to participate in the most demanding LSAW projects and the market of deep offshore pipelines
Trans Adriatic Pipeline AG (TAP) awards contract to Corinth Pipeworks for the supply of large diameter pipes, for a total length of approximately 495 km (~270,000Tn of steel pipes, 48” diameter), for the onshore part of the pipeline across Greece.
Following the cross-border merger by absorption of the Greek company Sidenor Holdings by Viohalco S.A. in July 2015, Corinth Pipeworks becomes a subsidiary of Viohalco.
2016
Conclusion of the spin-off of the pipes and hollow section industrial and trading sector of the Corinth Pipeworks SA Pipe Industry and Real Estate and their contribution to its 100% subsidiary E.VI.KE S.A. Investment, Industrial and Metals Trading, Real Estate and Construction Enterprises Societe Anonyme, in May 2016.
Change of the listed Company's name to Corinth Pipeworks Holdings, Societe Anonyme.
Completion of the cross-border merger by absorption by Cenergy Holdings SA of the Greek formerly listed companies Corinth Pipeworks Holdings S.A. and Hellenic Cables S.A. Holdings Société Anonyme in December 2016.
Listing of Cenergy Holdings SA on Euronext Brussels and Athens Exchange.
2017
Concrete weight coating facility (CWC) in cooperation with WASCO: The facility owned by Wasco Energy is installed in our plant in Thisvi Greece.
2018
Signed agreement with TechnipFMC for the manufacture and supply of the steel pipes for Energean’s Karish gas field development located in the South Eastern Mediterranean. This award for a deep-water pipeline (at a maximum water depth of 1,750 meters) project is another milestone in the development of our growing presence in the upstream offshore energy business segment.
2019
Corinth Pipeworks uses operational excellence practices at a pilot level that cover a wide range of best energy efficiency applications and was recognized through the Energy Mastering Awards 2019.
Achieved net zero carbon emissions for our production facilities and marked as a “Carbon Neutral Company” for 2019 by TÜV NORD certification body.
Smooth operation of equipment and machinery: The Company invested in the transmission of electricity through a High voltage Station. Through this investment the Company will immediate achieve reduction of carbon emissions and implements a certified Energy Management System, in accordance with the international standard ISO 50001:2011.
2020's
- Energy Transition Enabler: The company is ready for the shift based on the main pillars of the energy
transition, with its leading position in gas fuels and CCS as well as a frontrunner of hydrogen.
- 2020
Corinth Pipeworks double jointing welding plant: The DJ facility is set up to join 40 ft. (12 m) DRL pipe joints into 80 ft. (24 m) “double-joints”, providing DJ services for an array of customers.
A new era for hydrogen transportation: Certification of pipes for the transportation of pure gaseous hydrogen or H2/NG gas mixtures without additional design pressure limitations.
The total consumption of electricity is covered by the purchase of certified Guarantees of Origin (GOs), in support of the RES market and our commitment to cover 100% of our electricity needs from RES, when feasible. Until this prospect becomes available and sustainable in the market, Corinth Pipeworks will continue its efforts to support green energy and investments in RES by covering as much of its energy needs as possible and implementing actions under energy saving programs.