OSTP (Outokumpu Stainless Tubular Products)
Products and production
OSTP manufactures and markets welded stainless steel tubes and pipes as well as butt-welded and threaded fittings. With an 18% market share in the process-pipe segment, Outokumpu is one of Europe's largest producers of stainless steel tubes. Tubular products are manufactured in Sweden, Finland, Estonia, the US and Canada. The main products – process pipes and fittings, heavy-wall pipes and heat-exchanger pipes – are used in most segments of the process industry: pulp and paper, oil and gas, chemical and petrochemical, automotive, and construction. Annual delivery capacity at OSTP totals some 100 000 tonnes.
As part of the restructuring of OSTP, the operation producing structural hollow sections in Pietarsaari, Finland was sold to Stalatube Oy, a Finnish company, in 2009. Closure of the OSTP site in Veteli, Finland is scheduled to take place during the first quarter of 2010. Production will be moved to Jakobstad in Finland and Örnsköldsvik in Sweden.
In Saudi Arabia, OSTP's joint venture with the tube manufacturer Armetal is creating the largest local producer of process pipe. Investments made during the past year have expanded the product range substantially.