Russian Federation Dmitry Tender

TMK views cutting time-to-market for new products as one of the key challenges in the modern industry and the Company is successfully progressing in this area. This was the message from Dmitry Pumpyanskiy Chairman of TMKs Board of Directors as he addressed the Congress of Young Scientists in Sochi as part of the Year of Science and Technology in Russia.Speaking at the New Industrial Technologies and Materials plenary session Dmitry Pumpyanskiy noted that scientists and industrialists all over the world are facing large-scale challenges to develop carbon-free technologies and create new materials to replace existing ones. According to Pumpyanskiy success in these areas will require a joined-up approach in which continuity is maintained from idea generation to development and close cooperation between science and industry is nurtured. These challenges must be tackled by large RD corporations their conglomerates and international consortia. Dmitry Pumpyanskiy observed that in Russia state corporations lead in this area but recognized the many successful examples of such innovations in private business.Dmitry Pumpyanskiy said TMKs customers that is almost 100 of oil and gas producers in Russia and customers in 80 countries worldwide are demanding ever faster greener more reliable solutions that ensure accident-free well and pipeline operation and enable oil and gas production in harsh climatic conditions with challenging geography. To this end we have set up our own RD facility at TMK. Today we have a strong RD engine the Company employs over 300 researchers who are primarily engaged in materials science.The Chairman noted that TMK deploys digital twin technology to quickly model new solutions produce pilot samples and test them on its unique proprietary testing equipment at TMKs RD facility in Skolkovo. Dmitry Pumpyanskiy underlined Combining the potential of researchers technologies and available production capacities in one large corporation we can bring new products to the market not in 5 years as it was in Soviet times and not in 23 years which was good practice in the 1990s. Today customers deadlines are as short as eight to nine months and in 10 years these may reduce to six months. This is the direction of travel we envisage in the future.Dmitry Pumpyanskiy also affirmed that while having its own RD facility TMK continues collaboration with academic and research institutions as well as with technology start-ups contending that There will always be demand for niche solutions quick response and the granular approaches needed to start a big machine. But large-scale developments will remain the domain of large corporations. Time-to-market for new products is constantly shrinking and will only decrease in the future.