The Interpipe pipe and wheel company (Dnipro), which is the sole producer of railway wheels in Ukraine, will open a new facility for finishing railway wheels at the Interpipe Nyzhniodniprovsk Tube Rolling Plant on 31 October. The opening of the facility will be attended by Minister of Infrastructure Volodymyr Omelian.

Interpipe expects the new facility to enable it to increase exports of products and produce more complex products for high-speed and freight trains, including for the needs of the Ukrzaliznytsia public railway company and Ukrainian railcar manufacturers.

As reported, Interpipe launched pilot operation of a new facility for finishing railway wheels in August. The facility is intended for high-precision drilling and boring of railway wheels. The company previously subcontracted these processes to European companies. They will now be performed in Ukraine at the Interpipe Nyzhniodniprovsk Tube Rolling Plant.

The new equipment will take into account all the requirements to the production of the world’s leading manufacturers of rolling stock and national railway operators, including Siemens, Bombardier, Hyundai, Alstom, Deutsche Bahn, SBB, OBB, DSB, and RENFE. The new facility is capable of performing drilling operations on up to 60,000 railway wheels per year, depending on the design of the railway wheels.

Interpipe is one of the 10 largest producers of seamless pipes in the world and the third largest manufacturer of solid-rolled railway wheels in the world. The company's products are exported to more than 80 countries through a network of sales offices located in key markets in the CIS, the Middle East, North America, and Europe. The company sold 600,000 tons of pipe and wheel products in 2015 and 850,000 tons in 2014.

The company controls five industrial assets: the Interpipe Nyzhniodniprovskyi pipe rolling plant, the Novomoskovsk pipe plant, the Interpipe Niko Tube seamless pipe plant, Dnipropetrovsk Vtormet, and the Dniprostal smelting complex (Interpipe Steel). 

The ultimate owner of Interpipe Limited is Ukrainian businessman Viktor Pinchuk.