Bay City, Matagorda County, Texas chosen as location for Tenaris's U.S. seamless pipe mill

   Bay City, Matagorda County, Texas chosen as location for Tenaris's U.S.
                              seamless pipe mill

PR Newswire

HOUSTON, Feb. 15, 2013

HOUSTON, Feb. 15, 2013 /PRNewswire/ -- Tenaris announced today that it will
build its first U.S. seamless pipe mill in Bay City, Matagorda County, Texas.
With an estimated investment of $1.5 billion (USD), the new facility will have
an annual production capacity of 600,000 tons of high quality seamless pipe.

With its proximity to Houston, the world's energy capital, and to Tenaris's
North American headquarters, the location offers a combination of favorable
geography, operational logistics and availability of a skilled workforce. "Our
new facility will complement our integrated global manufacturing network and
work closely with our existing North American operations to further strengthen
domestic production," Paolo Rocca, Chairman and CEO, said.

"This announcement is only possible thanks to the hard work of state and local
officials, as well as, the area business community, which always plays a major
role in decisions like this," Texas Governor Rick Perry said. "The most
profound statement about our favorable economic climate comes when companies
like Tenaris make an investment of this size in our state. That says that not
only is Texas the best place to grow your business now, but they're confident
that we'll remain that way moving forward."

"With this investment, we will strengthen our local production and service
capabilities to address the growing demands of the energy industry," German
Cura, President, North America, said. "We are grateful for the support we have
had from The State of Texas, Matagorda County and Bay City."

An analysis conducted on the economic impact of Tenaris in Matagorda County
states the company will have a large direct and indirect influence on the
area. The new plant will generate 600 direct manufacturing jobs and offer
substantial economic impact in Matagorda County as well as in the surrounding
areas.

"The company's commitment to the environment and safety is a top priority,"
Cura said. "The facility is being designed according to the most stringent
environmental and safety standards, with the implementation of control
technologies that will reduce our emissions footprint and exceed state and
federal regulations." The new facility is expected to begin operations in
2016.

For more information, visit our project website at
www.tenaris.com/USA/TenarisBayCity
The site includes project overview, community information and a link to other
careers with the company.

Tenaris is a leading global manufacturer and supplier of steel pipe products
and related services for the world's energy industry and other industrial
applications. Our customers include most of the world's leading oil and gas
companies as well as engineering companies engaged in constructing oil and gas
gathering, transportation, processing and power generation facilities. We
operate an integrated worldwide network of steel pipe manufacturing, research,
finishing and service facilities with industrial operations in the Americas,
Europe, the Middle East, Asia and Africa and a direct presence in most major
oil and gas markets.

SOURCE Tenaris

Website: http://www.tenaris.com
Contact: Karen Allen, Communications, North America, +1-713-336-7316,
kallen@tenaris.com; or Stefani Argento, Tenaris Media Relations, 00 39 02
43847426 - phone, 00 39 335 5476223 - mobile, sargento@tenaris.com; or Whitney
Delano, H+K Strategies, +1-713-752-1932, whitney.delano@hkstrategies.com
 
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