Latest Tubacex News & Updates
See the latest news and media coverage for Tubacex. We track all announcements, press releases, and industry mentions in real time, all in one place.
Stainless steel tubing and pipe manufacturer
tubacex.com- Headquarters
- Llodio, Spain
- Founded year
- 1963
- Company type
- Private company
- Number of employees
- 1,000–5,000
Last updated
Latest news about Tubacex
In short: Tubacex launched its TBX Nexxia joint venture with Mubadala and secured a long-term labor agreement while navigating Middle East geopolitical risks.
Company announcements
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Tubacex launches TBX Nexxia with Mubadala
TBX Nexxia is the new brand for CRA OCTG, anchored in Abu Dhabi with assets in Spain and Brazil. It strengthens UAE energy supply chain resilience.
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Tubacex reaches agreement with majority trade unions
ELA, STAT and CCOO signed the agreement, effective 2025-01-01 to 2029-12-31. It follows negotiations from December 2024 and provides labor and operational stability.
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Tubacex preserves operating discipline and generates cash
Performance shaped by global uncertainty and Middle East conflict impacting Abu Dhabi plant and logistics. Focus remains on protecting margins and profitability.
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Tubacex ranks in top 9% in S&P CSA
It achieved the 91st percentile and scored 61/100, with top sector score in climate strategy.
Media coverage
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Mubadala, Tubacex launch TBX Nexxia in Abu Dhabi
Mubadala Investment Company (Mubadala), and Tubacex Group today announced the full operational launch of their joint venture in Abu Dhabi, marking the activation of the...
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Tubacex renews the agreement and signs social peace
With the renewal of the agreement the Álava tube manufacturer strengthens the industrial project of the Amurrio and Llodio plants, in which it ensures...
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Tubacex 'pays' for the lack of agreement in Oriente and loses more than 12% in the week
The week has not been good for the interests of Spanish equity and, therefore, neither in the bosom of La Cartera...
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Tubacex's profit plummets 84% due to the war in the Middle East
Tubacex reduced its net profit by 84% during the first quarter of this year, which stood at 1.3 million euros compared to...
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