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Corinth Pipeworks is one of the world’s leading manufacturers of steel pipes and hollow sections for the energy and construction sectors. With a successful course and experience of more than half a century, it has implemented very demanding projects with leading energy companies worldwide. The steel pipes manufactured by the company, in the last 15 years, can cover more than half of the Earth’s perimeter.

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More than

50

Years of experience

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Sales in

45

Countries Leader in energy

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Tier 1
Supplier

  • 22,000 km pipelines
  • 3,000 km offshore pipelines
  • 1,000 km CO2 pipelines
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Investments

350

Million €

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With over half century’s experience, Corinth Pipeworks has worked with major energy companies across the globe on highly demanding projects. The Company’s customer oriented philosophy has resulted in strong, long term mutually beneficial relationships and strengthens its geographical presence.

The Company manufactures one of the most complete product ranges worldwide and offers complete solutions, which are based on investments in state-of-the-art technologies and the continuous improvement of its production processes. Customers distinguish Corinth Pipeworks, for its technological superiority, flexibility, provision of cost optimization solutions and overall high efficiency, as confirmed every year by the customer satisfaction indicators.

ACTIVITIES & SOLUTIONS

Corinth Pipeworks has extensive experience and a strong track record of implementing complex projects for the energy sector worldwide, both onshore and offshore. The Company offers one of the widest product ranges in the industry, as well as top-quality tailor-made solutions to demanding projects. Combining cutting-edge technology, advanced machinery and equipment with a unique team of experts, eager to respond and find solutions to customer needs.

SOLUTIONS

Corinth Pipeworks operates a state of the art plant in Thisvi, Greece (EUR 150 million investment 2010-2020) with 925,000 tn/year capacity. It continuously invests to support delivery of reliable quality solutions on time. Thus, has the ability to add value to clients' projects, whether the application is:

High depth offshore
pipelines of high-end specifications

Demanding onshore gas
and liquid fuels pipelines

Pipes for hydrogen transportation

Specialized, hollow sections

The company offers -in one location- all welded pipe manufacturing methods (4 pipe mills) and pipe coating operations required for the supply of a complete on/offshore pipeline package. Furthermore, through new technological solutions that allow the increasing use of renewable sources in the energy mix and the successful penetration of hydrogen technologies, carbon capture and storage, as well as energy storage, Corinth Pipeworks is ready for the energy shift. The technological solutions provided by our products focus on the main pillars of energy transition which are gas, hydrogen and CCS technologies (carbon capture and storage). We are committed in making a positive contribution to the energy transition and to tackle climate change, through the development of innovative products and the reduction of the carbon footprint of our production activities.

Our points of focus

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GAS & LIQUID FUEL

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HYDROGEN

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CONSTRUCTION

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CARBON CAPTURE AND STORAGE (CCS)

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WIND

Natural gas is often considered as the transitional fuel to a clean energy future, producing around half the carbon dioxide (CO2) and just one tenth of the air pollutants of coal when burnt to generate electricity. Natural gas is an ideal, cost-effective partner to renewable energy sources, such as wind, solar, hydrogen and hydropower, providing a consistent back-up source of power to their variability.

For several years now, Corinth Pipeworks, focuses on gas transmission projects at a rate of more than 90% of its activity in the energy sector.

In collaboration with international companies and laboratories, CPW is a pioneer in the research and development of solutions for the certification of steel pipes for the safe transportation of hydrogen as a mixture with natural gas or in pure form. The objective of our research is the certification of steel pipes to withstand up to 100% hydrogen and the transportation through a new or existing high pressure networks

To this direction, we are one of the leading manufacturers of steel pipes for the energy sector and the first, globally, to participate in the European Alliance for Pure Hydrogen (Hydrogen Alliance) as well as in Hydrogen Europe. Our experts participate in the Technical Committees and Working groups with the view to find solutions in a cost effective way to the secure transportation of hydrogen and also contribute to the important task of Standardization & and Regulations

Corinth Pipeworks offers a wide range of products for the construction sector, serving the steel construction market with its extensive range of Structural Pipes and Hollow Structural Sections in Square, Rectangular and Round shapes, used in Architectural, Industrial and Infrastructure applications. Material know-how and manufacturing expertise, in addition to knowledge of markets and applications, establish our companies ready to develop individual solutions to strengthen the customer’s position in their specific market.

For the last 15 years the Company has produced CO2 transmission pipelines with a total length of over 1,150 km and is ready to face any new challenge in the immediate production of products that will allow the application of this technology on a large scale.

Today, wind energy offers a technologically mature, economically competitive and environmentally friendly energy choice. It is an inexhaustible source of energy, without an environmental burden. The wind energy sector is one of the fastest growing energy technologies, especially in offshore wind parks and dynamically in floating wind parks. Steel products are broadly used in these dynamically developing sectors fit our competencies and are under study, fully in line with the company’s diversification strategy.

OUR JOURNEY

Foundation: The Company was established in 1969 and commenced operations at its production plant in Corinth.

Growth & Export Orientation: Investments are made to upgrade production processes and the first orders from North America, Asia, Europe, North Africa and the Middle East are undertaken.

International Markets: Strategic partnerships with top-quality raw material suppliers are built, while the Company’s production processes are certified according to international standards.

International Recognition: The Company is placed in international oil and gas companies’ lists of approved suppliers and undertakes the steel pipe production for technologically demanding projects around the world.

Operational Strategy: Corinth Pipeworks establishes new, state-of-the-art production facilities in Thisvi, Viotia. The Company also successfully implements a business process re-engineering program and publishes its first Sustainability Report.

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.

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.

HISTORY

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OUR STRATEGY

Corinth Pipeworks is one of the world’s leading manufacturers of steel pipes and hollow sections
for the energy and construction sectors.

The strategic objectives that guide the operational activities of the companies comprising the
Cables segment are as follows:

Corinth Pipeworks is one of the world’s leading manufacturers of steel pipes and hollow sections for the energy and construction sectors.

The company’s strategic priorities are:

  • Make a positive contribution to energy transition and tackle climate change through the development of innovative products and the reduction of the carbon footprint of its production activities and supply chain.
  • Aims to be established as the first choice for customers. Satisfying high expectations, gaining trust and offering top quality products.
  • Strives to always be one step ahead, developing modern products and solutions based on new technologies and well-established technical practices.
  • Constantly invest in cutting-edge technologies as well as developing experienced and well-trained human resources. Corinth Pipeworks commits to achieve long-term and sustainable development with benefits for customers, suppliers, people, shareholders, as well as the local community.
  • Implementation of a digital transformation program, utilizing all the advantages offered by the use of new technologies.

Our contribution to climate change

Corinth Pipeworks is committed in making a positive contribution to the energy transition and to tackle climate change, through the development of innovative products and the reduction of the carbon footprint of its production activities. The company, constantly keeps up to date with international trends in issues relating to its activities and supports the objectives of the Paris Agreement. This is a dynamic strategic choice to strengthen competitiveness and promote the transition to a low-carbon future, with a view to creating value for its stakeholders. The Company closely follows the initiatives and commitments as set out in the European Green Deal and takes the necessary measures in its production processes and in close cooperation with its supply chain with the view to reduce its environmental impact and carbon footprint. Furthermore, the Company carries out environmental protection training in all aspects of operational environmental protection, from waste management and disposal to water quality issues.

  • Energy Efficiency
  • Electricity from RES
  • Circular Economy

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. In addition, for the smooth operation of the 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.

We aim to fully cover our needs for electricity directly from renewable sources, a commitment set by the company’s management. To this direction and until this option is available, we cover 100% of our electricity with the purchase of GOs (Guarantees of Origin).

Corinth Pipeworks is committed to act in a sustainable manner and to assist the transition to a low carbon, circular economy. We are launching actions to create a circular future by utilizing wastes or by-products and generate industrial value-added products. A successful initiative that has been undertaken in conjunction with our partners Wasco Energy Group and AEIFOROS S.A., is the use of Electric arc furnace (EAF) slag, in special concrete applications such as heavy concrete for the coating of pipes for offshore pipelines.

Adapting the Challenges

Climate Change

  • icon 100% electricity from RES
  • icon Circular economy projects
  • icon 466 hours environmental protecting training
  • icon 32% Recycled water
  • icon 94% Recycled waste
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Digitalization

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  • Digital transformation
  • Optimization of energy and materials consumption
  • HR digitalization
  • QM customized platform
  • HSE digital platform
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Energy efficiency

  • icon 2% reduced energy consumption
  • icon Energy saving projects
  • icon Energy Mastering Awards 2019
  • icon ISO 50001 Energy management system
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INNOVATION & TECHNOLOGY

The Company’s ability to manufacture cutting edge products and remain at the forefront of its industry through investment in R&D, drives operational efficiency and commercial achievements across the world. Corinth Pipeworks often collaborates with international research organizations, as well as regularly participates in research projects linked to its core business activities.

Such project is Hydrogen Certification, which is considered the cleanest fuel of the future. The Company, in collaboration with international companies and laboratories, is a pioneer in the research and development of solutions for the certification of steel pipes for the safe transportation of hydrogen as a mixture with natural gas or in pure form. The object of investigation is the transportation through a new or existing networks of high pressure steel pipes and the subsequent certification of the network for the transportation of H2.

The selection of suitable materials for the construction of hydrogen transportation pipes, as well as achieving that the end product will guarantee long-term, safe use in full operating conditions is a research priority for Corinth Pipeworks. In this context, a properly designed specialized research program has been launched in collaboration with the RINA Italy research institute. Also, a wide range of research collaborations have been developed with gas distribution companies, international forums, such as the EPRG and international research centers.

At the same time, we are one of the leading manufacturers of steel pipes for the energy sector and the first, globally, to participate in the European Alliance for Pure Hydrogen (Hydrogen Alliance) as well as in Hydrogen Europe.