OMV recognizes Tenaris for its carbon emissions reduction strategies

Tenaris received a “Climate Protection Management and Ambitions” award by customer OMV for its strong CO2 emissions reduction reported as part of the Carbon Disclosure Project.

Tenaris Environment Sr Director Carolina Bengochea received the award, which was presented during the ‘OMV Sustainability Supplier Day’, an event organized for the first time by OMV to share their outlook on sustainability with partners and stakeholders and discuss challenges and opportunities.

“We’re very pleased to receive this award which recognizes Tenaris’s commitment to developing long-term, sustainable business as well as the various initiatives we’re carrying out, working with partners and peers, to address the climate change challenge, aiming to reduce the carbon emissions of both our products and process,“ said Bengochea

OMV is an international, integrated oil, gas and chemicals company, headquartered in Vienna, Austria. . OMV has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea and Asia-Pacific as core regions. In 2004, the company acquired a 51% stake in the Romanian oil and gas group Petrom, a key customer for Tenaris in Romania.

“We have a long-standing relationship with OMV based on continuous commercial and technical coordination. We are constantly aligning ourselves with the strategic plans of our customer to provide the best support on the key issues of the energy industry,” comments Oliver Bernstein, Tenaris Sales Manager in Romania. “This is why in 2020, we started discussing with OMV our respective plans to reduce our carbon footprint. Carbon emissions reduction represents a main pillar in OMV’s future plans and Tenaris is aligned with this goal and very well positioned to support its customers in this direction.”

In February 2021, Tenaris announced its plan to reduce 30% of CO2 emitted per ton of steel (vs 2018) by 2030, to be achieved through the increased use of recycled steel scrap, boosting energy efficiency through investments, and the use of renewable energy. To support its strategy, Tenaris recently announced key projects both in Latin America and Europe. In Argentina, Tenaris plans to invest $190 million for the construction of a wind farm that would supply close to 50 percent of the electricity requirements for its Siderca mill.  An MoU with Saipem and SIAD was also signed for the study of a carbon capture and utilization demonstration plant to be built at the Dalmine mill in Italy.

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Our brand name is derived from the word tenacity, representing our determination to serve our customers wherever they are and pursue and achieve the goals that we set ourselves. It is about striving for excellence in everything we do. The colors in our multi-bar represent the diversity of the people that make up Tenaris around the world.


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