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    TEN   LU0156801721

TENARIS S.A.

(TEN)
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Tenaris S A : launches hydrogen embrittlement resistant Thera™ technology

05/06/2021 | 10:13am EDT

PUBLISHED ON 05/06/2021

Tenaris presented its newest solution for hydrogen storage and transportation, Thera™ technology, or Tenaris Hydrogen Embrittlement Resistant Alloys, to leading players of the segment. Commercial and technology experts from Tenaris offered an overview of the Thera™ technology and the company's advanced product portfolio for the energy transition during the virtual April 22 webcast.

Tenaris offers a wide range of products backed by more than 100 years of experience in the production of large vessels in 200 to 300 bar range, in particular for hydrogen distribution and hydrogen storage for refueling stations. With the market moving toward two standard pressure levels for vehicles - 350 bar and 700 bar, respectively, needing 500 and 1000 bar storage - Tenaris's technology team has been focused on designing flexible and reliable solutions to ensure the highest performance under more elevated working pressures required on the market.

'With decades of experience in compressed hydrogen, we've developed new technologies to withstand the embrittlement effect,' explained Michele Sileo, Tenaris Senior Manager Hydrogen Industrial Applications. 'Thera™ Technology integrates materials, testing, life assessments, connections and numerical designs to enable storage systems in such severe conditions.'

Thera™ technology offers storage systems in the range of 200 up to 1000 bars. These systems are used in many applications such as hydrogen refueling stations, tube trailers or buffer accumulators for renewable sources and many other needs that may appear.

The main benefits of using the Thera™ storage system is that it is fully customizable, has a verified fatigue life, is long lasting and completely recyclable.

In addition to the large vessel production, Tenaris coordinates all of its partners' activities, such as painting, carpentry and onward logistic shipment, worldwide, taking care of all the documentation and necessary certification, as well as providing a wide range of engineering services.

To consolidate its commitment for a more sustainable future, Tenaris sought to have its large vessels certified with the Environmental Product Declaration, that state their environmental performance, based on their Life Cycle Assessment.

For more information about Tenaris, please follow us on Facebook, Twitter, LinkedIn, and Instagram.

Disclaimer

Tenaris SA published this content on 06 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 May 2021 14:12:03 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 5 463 M - -
Net income 2021 350 M - -
Net cash 2021 1 055 M - -
P/E ratio 2021 30,8x
Yield 2021 2,26%
Capitalization 12 861 M 12 856 M -
EV / Sales 2021 2,16x
EV / Sales 2022 1,83x
Nbr of Employees 19 028
Free-Float 39,5%
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 11,28 $
Last Close Price 10,89 $
Spread / Highest target 27,9%
Spread / Average Target 3,58%
Spread / Lowest Target -51,2%
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Managers and Directors
NameTitle
Paolo Rocca Chairman & Chief Executive Officer
Alicia Mondolo Chief Financial Officer
Marcelo Ramos Chief Technology Officer
Alejandro Lammertyn Chief Digital & Information Officer
Roberto Luis Monti Independent Director
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