Evraz Completes Acquisition of IPSCO Canadian Assets



    
    Name Change Unveiled at North American Operations
    

    PORTLAND, Ore., June 13 /CNW/ -- EVRAZ Group S.A. today announced it has
completed the acquisition of IPSCO Inc.'s Canadian assets. To ensure
consistency in the North American marketplace, Evraz is also pleased to
announce the company's various operations in the U.S. and Canada will operate
under the name, Evraz Inc. NA.
    Effective immediately, the new name impacts the North American
headquarters in Portland Oregon and all eight production facilities,
including: the steel production facilities in Pueblo Colorado, Regina
Saskatchewan and Claymont Delaware; the seamless pipe, rod and rail mills in
Colorado, the plate mills in Claymont, Regina and Portland, Oregon; the coil
processing facility in Surrey, British Columbia; the structural tubing
facility in Portland; the pipe mills in Portland and Regina; as well as the
Alberta pipe mills in Red Deer, Calgary and Camrose.
    "The addition of the former IPSCO Canadian facilities into the Evraz
group enhances our presence in North America to approximately 5 million tons
of rolled steel product and the time has come to operate under the Evraz brand
name," said Alexander Frolov, Chairman of the Board, President and CEO of
Evraz Group S.A. "As one unified company, focused on value-added steel and
tubular products, we believe the best way to do business is with a consistent
brand in the market place."
    Jim Declusin, President and CEO of Evraz Inc. NA added, "For decades, the
world has known us as IPSCO and Oregon Steel and our subsidiaries as Rocky
Mountain Steel Mills, Claymont Steel, Columbia Structural Tubing, and OSM
Tubular. While it takes time getting used to a new name, we feel strongly that
our customers, employees, suppliers and the communities in which we operate
will soon discover it's business as usual under the Evraz umbrella. Under our
new name, we will continue to produce the same great products and deliver with
the same quality service that our customers know they can expect."
    Evraz Inc. NA is pleased to introduce its senior management team,
reporting to Mr. Declusin:
    Jim Clarke, Vice President Tubular Operations, is based in Regina and
will oversee tubular operations in North America, including the Alberta pipe
mills in Calgary, Red Deer and Camrose; as well as the Portland pipe mill.
With 20 years of experience in operational roles, he brings an extensive depth
of knowledge and experience to the management team in this key business unit.
Previously, Mr. Clarke was the Director of Canadian Tubular Products for
IPSCO. He has been with the company since 1981.
    Greg Maindonald, Vice President and General Manager, Evraz Regina Steel,
will have overall responsibility for the Regina steelmaking operations,
including scrap sourcing, logistic, transportation and procurement. Mr.
Maindonald joined IPSCO in 1974 and has held positions in primary operations,
inventory and production planning, sales administration, procurement,
transportation and information technology.
    Tubular sales will be based in Calgary and Portland. Sales of large
diameter pipe will be headed up by Larry Lawrence, Vice President Tubular
Sales, with Dave Coffin and Rodger Kemp. Mr. Lawrence has been with the
Company since 1988. Jim Mitchell, Director Oil Country Tubular Goods, will
lead the sales group for medium and small diameter ERW pipe, with John
Palazeti. Mr. Mitchell joined the Company in 1992.
    Scott Montross, Vice President General Manager, Evraz Oregon Steel,
Portland Oregon, joined the company in 2003 from National Steel. He is
responsible for North American sales of plate, coil and HSS, as well as the
plate and coil, heat treating and HSS operations in Portland.
    Rob Simon, Vice President General Manager, Evraz Rocky Mountain Steel,
Pueblo Colorado, heads up both sales and operations, including steelmaking,
and production of rod/bar, seamless pipe and rail. Mr. Simon has been with the
Company since 1992.
    Victor Clark, Vice President General Manager, Evraz Claymont Steel,
Claymont Delaware, is responsible for the Claymont steelmaking and plate mill
operations. Formerly with IPSCO, Victor joined Claymont in 2007.
    At the Portland headquarters; Robin Gantt, Chief Financial Officer and
Treasurer, oversees finance, accounting, tax risk, information technology, and
related legal matters company wide. Ms. Gantt joined the Company in 1999 and
assumed her current position in 2007. Jennifer Murray, Vice President
Administration and Secretary, heads up corporate administration, including
public affairs, communications, human resources, labor relations, safety and
related legal matters for North America. She has been with the Company since
1997.
    Evraz Group S.A. (http://www.evraz.com) is one of the largest
vertically-integrated steel and mining businesses in the world. For more
information on its North American operations, please visit
http://www.EvrazIncNA.com




For further information:

For further information: Kelly Brossart, Corporate Communications of
Evraz  Inc. NA, +1-306-924-7475, kbrossart@ipsco.com Web Site:
http://www.evrazincna.com

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EVRAZ INC. NA

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