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<div _ngcontent-c20="" innerhtml="<div id=&quot;attachment_16204&quot; class=&quot;wp-caption alignnone&quot;> 
 <div class=&quot;article-body-image&quot;> 
  <progressive-image class=&quot;progressive-placeholder&quot; src=&quot;https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FInterpipe_318-3.jpg%3Fwidth%3D960&quot; low-res-src=&quot;https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FInterpipe_318-3.jpg%3Fwidth%3D960&quot;></progressive-image> 
  <small class=&quot;article-photo-credit&quot;>John Everett</small> 
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  <div class=&quot;caption-container&quot; ng-class=&quot;caption_state&quot;> 
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    <p class=&quot;wp-caption-text&quot;>Ukrainians in the house! Interpipe volunteers work with a team from Samaritan's Purse. (Credit: John Everett)&amp;nbsp;</p> 
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  </div> 
 </div> 
</div>
<p>Out here behind the Addicks Reservoir on the west side of Houston whole neighborhoods were under three feet of water for days after Hurricane Harvey blew through. A month later&amp;nbsp;there is still plenty of work to be done. Though the ground has now dried, hundreds of homes remain filled with the stench of mold spreading in drywall. I meet up with a work crew consisting mostly of Ukrainians like Alexandr Shkil, who twirls&amp;nbsp;twin hammers as he smashes out bathroom tile, sending sparks flying.</p>
<p>The woman who owns the house stands in her garage, surrounded by stacks of belongings rescued from the muddy water. Sad about what happened, happy to get help, she doesn’t want her name used; she just wants to get life back to normal for her son who has Down Syndrome. The team of Ukrainians are employees of Interpipe, which <a href=&quot;https://www.trade.gov/steel/countries/pdfs/exports-ukraine.pdf&quot; target=&quot;_blank&quot;>manufactures steel pipe</a> for oilfield drilling. They've so far helped demo 20 homes over 10 days. Soon a new team will arrive from Ukraine to sub in. They are organized by <a href=&quot;https://www.samaritanspurse.org/disaster/hurricane-relief-2017/?utm_source=Ggl&amp;amp;utm_medium=cpc&amp;amp;utm_campaign=m_YGHR-B17V_HHSP-LP&amp;amp;gclid=CjwKCAjw7MDPBRAFEiwAppdF9PNE6mhToY5cVL2deTbw40bBVDJWBNUACiYzUAwrRY8OvuNvWFT9RhoCxKQQAvD_BwE&quot; target=&quot;_blank&quot;>Samaritan’s Purse</a>, a relief organization run by Franklin Graham, son of famous preacher Billy. “I call them my Ukrainians,” says Jenny Welsh, team coordinator. “People keep asking why are they here. They can’t believe it. If I didn’t have my Ukrainians it would take us a long time.”</p>
<p>“It’s a very satisfying feeling to be able to give,” says Roman Pinchuk, 26. “I wanted to help. As a company, and as a family.” His father, Victor Pinchuk (estimated <a href=&quot;https://www.forbes.com/profile/victor-pinchuk/&quot; target=&quot;_self&quot;>net worth: $1.1 billion</a>), owns a controlling stake in Interpipe. His mother’s father is Leonid Kuchma, the former president of Ukraine.</p>
<p> 
 </p>
<p>Roman has been working shoulder to shoulder with his colleagues, including Daniel Valk, president of Interpipe’s North American division. Despite having had an office in Houston for 15 years, Interpipe remains a bit player in oilfield pipe. Valk says the company still hasn’t shaken the feeling of being interlopers in Texas, where oilfield services remains the domain of the Good Ol’ Boy network. “We understand that we’re the underdog. We have to bend over backwards to please our customers,” says Valk, who the day before had accompanied Pinchuk to get a tetanus shot after he caught himself on a nail.</p>
<div id=&quot;attachment_16206&quot; class=&quot;wp-caption alignnone&quot;> 
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  <progressive-image class=&quot;progressive-placeholder&quot; src=&quot;https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FedInterpipe_372-1.jpg%3Fwidth%3D960&quot; low-res-src=&quot;https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FedInterpipe_372-1.jpg%3Fwidth%3D960&quot;></progressive-image> 
  <small class=&quot;article-photo-credit&quot;>John Everett</small> 
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    <p class=&quot;wp-caption-text&quot;>Interpipe volunteers join Samaritan's Purse group to help restore a home in west Houston. (Credit: John Everett).</p> 
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<div class=&quot;vestpocket&quot; vest-pocket=&quot;&quot;></div>
<p>As part of their charm offensive, the Interpipe team has also been chatting up members of Congress and the Department of Commerce, which this summer extended a loosening of the anti-dumping quotas imposed on Interpipe in 2014. The move was telegraphed as a bit of a helping hand to a country still fighting for Donetsk and Crimea against forces backed by Russian President Vladimir Putin.</p>
<p>You can’t get oil without steel. The average well drilled today — far longer and more complex than decades past — requires 500 tons of pipe. Interpipe last year imported 43,000 tons to the U.S. last year — enough for about 80 wells. (Compare that with <a href=&quot;http://enforcement.trade.gov/steel/license/news/monthly_SIMA_factsheet.pdf&quot; target=&quot;_blank&quot;>U.S. pipe imports</a> of <a href=&quot;http://enforcement.trade.gov/steel/license/documents/execsumm.pdf&quot; target=&quot;_blank&quot;>3.6 million tons</a> and more than 15,000 wells drilled in the past year.) Before the war with Russia in 2014, Interpipe was selling about 350,000 tons a year into Russia’s oil complex. That’s down to 35,000 tons now. Worldwide, Interpipe is a relatively small player, selling 600,000 tons of pipe and railway wheels per year.</p>
<p>American <a href=&quot;https://www.steel.org/~/media/Files/AISI/Public%20Policy/Testimony/2016/GEC%20trade%20testimony%20-%20April%202016.pdf?la=en&quot; target=&quot;_blank&quot;>pipemakers</a> in the past decade have successfully lobbied the Department of Commerce to enact quotas and tariffs on cheap Chinese and Korean pipe. <a href=&quot;http://www.epi.org/blog/commerce-slaps-tariffs-steel-imports/&quot; target=&quot;_blank&quot;>Ukrainian companies got hit too</a>. Admittedly, it’s tough to drum up much sympathy for Interpipe or Victor Pinchuk. <a href=&quot;https://www.forbes.com/sites/katyasoldak/2014/03/03/ukraines-victor-pinchuk-the-oligarch-in-the-middle-of-the-crisis/#d83705d5ece8&quot; target=&quot;_self&quot;>According to this excellent 2014 profile in Forbes</a>, the billionaire was a pipeline innovator who patented a new process for making seamless pipes just before the fall of the Berlin Wall. In the early 1990s he leveraged contacts from the Young Communist League to start selling to the likes of Gazprom and Rosneft. He took control of factories during the chaotic post-Soviet privatization period by buying up shares that had been distributed to employees. Pinchuk in a controversial 2016 op-ed suggested that the time had come for Ukraine to concede territory to Russia, make peace with Putin, and get on with rebuilding the country. He has been a <a href=&quot;https://www.nytimes.com/2016/08/21/us/politics/hillary-clinton-presidential-campaign-charity.html&quot; target=&quot;_blank&quot;>big donor</a> to the <a href=&quot;https://www.wsj.com/articles/clinton-charity-tapped-foreign-friends-1426818602&quot; target=&quot;_blank&quot;>Clinton Foundation</a>, <a href=&quot;https://www.wsj.com/articles/as-secretary-of-state-hillary-clinton-hosted-at-dinner-a-ukrainian-donor-to-family-foundation-1471995857&quot; target=&quot;_blank&quot;>dined with Hillary</a>, and holds court at Davos and the Venice Biennale. More recently Pinchuk has <a href=&quot;http://abcnews.go.com/Business/trump-foundation-donations-controversial-ukrainian-clinton-donor/story?id=43728278&quot; target=&quot;_blank&quot;>curried favor</a> with President Trump.</p>
<p>Earlier that day, before meeting up with Interpipe, I attended an unrelated event put on by the Small Business Administration on the east side of Houston in a poor neighborhood called Kashmere Gardens at a pipemaking plant called Tejas Tubulars. SBA Administrator Linda McMahon spoke about how the agency was offering $200,000 low-interest loans to business owners affected by Hurricane Harvey. Maximo Tejeda, chief executive and owner of Tejas, said his plant had been under 2 feet of water during the worst of Harvey, but most of the equipment is robust and withstood the storm.</p>
<p>Tejeda went to school at Purdue University and in 1970 started working for National Steel. In 1990 he started his own company and bought this Houston facility, which had been idle since the industry collapse in 1982. A few of the machines are still in use, but the business has changed, and now, says Tejeda, he’s “optimizing for shale.”</p>
<div id=&quot;attachment_16180&quot; class=&quot;wp-caption alignright&quot;> 
 <div class=&quot;article-body-image&quot;> 
  <progressive-image class=&quot;progressive-placeholder&quot; src=&quot;https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FIMG_7591-300x248.jpg%3Fwidth%3D960&quot; low-res-src=&quot;https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FIMG_7591-300x248.jpg%3Fwidth%3D960&quot;></progressive-image> 
  <small class=&quot;article-photo-credit&quot;>C. Helman</small> 
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    <p class=&quot;wp-caption-text&quot;>Max Tejeda (center) with Ryan Sitton of the Texas Railroad Commission (left) and Linda McMahon of the Small Business Administration.</p> 
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  </div> 
 </div> 
</div>
<p>Ryan Sitton, a commissioner at the Texas Railroad Commission, helped arrange the SBA event. He’s known Tejeda for years as an dedicated, homegrown entrepreneur. Sitton sees a real benefit in limiting imported pipe. “The U.S. is becoming the preeminent energy provider in the world,” said Sitton. “You want foreign capital to play in that business. But we need to protect the domestic companies as well. If they can get steel at a third of the cost that Max can, that’s not free market.”</p>
<p>Tejeda’s best year was 2014, the most recent oil peak, when he shipped $300 million worth of pipe (at very slim margins). Since then business has plunged, then “stabilized,” he says. Tejeda is 66, and thinking about turning the business over to his son someday.</p>
<p>Tejeda’s specialty is in taking unfinished pipe and using his machines to carve the seams and threads that join the two pipes together. He explains the difference between the old methods of sinking simple vertical wells into sandstone versus today’s 2-mile long horizontal laterals into tough shale. “Way back in the day everything was hanging so you were designing for tension. Now that you’re pushing down the lateral everything has to be redesigned for compression. You’ve got to compress them to push them.”</p>
<p>The irony is that more <a href=&quot;http://www.atlanticcouncil.org/blogs/ukrainealert/us-trade-actions-threaten-ukraine-and-strengthen-russia&quot; target=&quot;_blank&quot;>imports of Ukrainian pipe could be good</a> for Tejas Tubulars. As we toured his plant, I asked Tejeda if he knew the guys at Interpipe who I’d be meeting that afternoon. “Oh sure,” he said. “We process some pipe for them.” It’s a small world. “Yes, Max will put his proprietary thread on our pipe and sell it for exuberant amounts of profit,” laughed Interpipe’s Valk when I mentioned Tejeda to him later in the day. “Our pipe is made in Ukraine but much of it is finished in Houston. We heat treat some of it here -- the specialty companies live off of us,” says Valk.</p>
<p>The U.S. government will loan billions to repair flood damaged homes and businesses in Houston. And <a href=&quot;https://www.usaid.gov/news-information/press-releases/sep-30-2016-usaid-announces-us-issuance-1-billion-loan-guarantee-government-ukraine&quot; target=&quot;_blank&quot;>has loaned billions more</a> to prop up war-torn Ukraine. Loans are nice, but you have to pay them back. “We’re grateful,” said Pinchuk, but “a better trade relationship would help Ukraine a lot more than loans.”</p>
<p>Meanwhile, back on the job, Jenny Welsh with Samaritan’s Purse says that this week their mission has shifted from gutting damaged homes to rebuilding them — turns out the Ukrainians are good at that too.</p>
<p>&amp;nbsp;</p>"><div id="attachment_16204" class="wp-caption alignnone"> 
 <div class="article-body-image"> 
  <progressive-image class="progressive-placeholder" src="https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FInterpipe_318-3.jpg%3Fwidth%3D960" low-res-src="https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FInterpipe_318-3.jpg%3Fwidth%3D960"></progressive-image> 
  <small class="article-photo-credit">John Everett</small> 
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 <div article-image-caption=""> 
  <div class="caption-container" ng-class="caption_state"> 
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    <p class="wp-caption-text">Ukrainians in the house! Interpipe volunteers work with a team from Samaritan's Purse. (Credit: John Everett)&nbsp;</p> 
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  </div> 
 </div> 
</div>
<p class="speakable-paragraph">Out here behind the Addicks Reservoir on the west side of Houston whole neighborhoods were under three feet of water for days after Hurricane Harvey blew through. A month later&nbsp;there is still plenty of work to be done. Though the ground has now dried, hundreds of homes remain filled with the stench of mold spreading in drywall. I meet up with a work crew consisting mostly of Ukrainians like Alexandr Shkil, who twirls&nbsp;twin hammers as he smashes out bathroom tile, sending sparks flying.</p>
<p>The woman who owns the house stands in her garage, surrounded by stacks of belongings rescued from the muddy water. Sad about what happened, happy to get help, she doesn’t want her name used; she just wants to get life back to normal for her son who has Down Syndrome. The team of Ukrainians are employees of Interpipe, which <a href="https://www.trade.gov/steel/countries/pdfs/exports-ukraine.pdf" target="_blank">manufactures steel pipe</a> for oilfield drilling. They've so far helped demo 20 homes over 10 days. Soon a new team will arrive from Ukraine to sub in. They are organized by <a href="https://www.samaritanspurse.org/disaster/hurricane-relief-2017/?utm_source=Ggl&amp;utm_medium=cpc&amp;utm_campaign=m_YGHR-B17V_HHSP-LP&amp;gclid=CjwKCAjw7MDPBRAFEiwAppdF9PNE6mhToY5cVL2deTbw40bBVDJWBNUACiYzUAwrRY8OvuNvWFT9RhoCxKQQAvD_BwE" target="_blank">Samaritan’s Purse</a>, a relief organization run by Franklin Graham, son of famous preacher Billy. “I call them my Ukrainians,” says Jenny Welsh, team coordinator. “People keep asking why are they here. They can’t believe it. If I didn’t have my Ukrainians it would take us a long time.”</p>
<p>“It’s a very satisfying feeling to be able to give,” says Roman Pinchuk, 26. “I wanted to help. As a company, and as a family.” His father, Victor Pinchuk (estimated <a href="https://www.forbes.com/profile/victor-pinchuk/" target="_self">net worth: $1.1 billion</a>), owns a controlling stake in Interpipe. His mother’s father is Leonid Kuchma, the former president of Ukraine.</p>
<p> 
 </p>
<p>Roman has been working shoulder to shoulder with his colleagues, including Daniel Valk, president of Interpipe’s North American division. Despite having had an office in Houston for 15 years, Interpipe remains a bit player in oilfield pipe. Valk says the company still hasn’t shaken the feeling of being interlopers in Texas, where oilfield services remains the domain of the Good Ol’ Boy network. “We understand that we’re the underdog. We have to bend over backwards to please our customers,” says Valk, who the day before had accompanied Pinchuk to get a tetanus shot after he caught himself on a nail.</p>
<div id="attachment_16206" class="wp-caption alignnone"> 
 <div class="article-body-image"> 
  <progressive-image class="progressive-placeholder" src="https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FedInterpipe_372-1.jpg%3Fwidth%3D960" low-res-src="https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FedInterpipe_372-1.jpg%3Fwidth%3D960"></progressive-image> 
  <small class="article-photo-credit">John Everett</small> 
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  <div class="caption-container" ng-class="caption_state"> 
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    <p class="wp-caption-text">Interpipe volunteers join Samaritan's Purse group to help restore a home in west Houston. (Credit: John Everett).</p> 
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  </div> 
 </div> 
</div>
<div class="vestpocket" vest-pocket=""></div>
<p>As part of their charm offensive, the Interpipe team has also been chatting up members of Congress and the Department of Commerce, which this summer extended a loosening of the anti-dumping quotas imposed on Interpipe in 2014. The move was telegraphed as a bit of a helping hand to a country still fighting for Donetsk and Crimea against forces backed by Russian President Vladimir Putin.</p>
<p>You can’t get oil without steel. The average well drilled today — far longer and more complex than decades past — requires 500 tons of pipe. Interpipe last year imported 43,000 tons to the U.S. last year — enough for about 80 wells. (Compare that with <a href="http://enforcement.trade.gov/steel/license/news/monthly_SIMA_factsheet.pdf" target="_blank">U.S. pipe imports</a> of <a href="http://enforcement.trade.gov/steel/license/documents/execsumm.pdf" target="_blank">3.6 million tons</a> and more than 15,000 wells drilled in the past year.) Before the war with Russia in 2014, Interpipe was selling about 350,000 tons a year into Russia’s oil complex. That’s down to 35,000 tons now. Worldwide, Interpipe is a relatively small player, selling 600,000 tons of pipe and railway wheels per year.</p>
<p>American <a href="https://www.steel.org/~/media/Files/AISI/Public%20Policy/Testimony/2016/GEC%20trade%20testimony%20-%20April%202016.pdf?la=en" target="_blank">pipemakers</a> in the past decade have successfully lobbied the Department of Commerce to enact quotas and tariffs on cheap Chinese and Korean pipe. <a href="http://www.epi.org/blog/commerce-slaps-tariffs-steel-imports/" target="_blank">Ukrainian companies got hit too</a>. Admittedly, it’s tough to drum up much sympathy for Interpipe or Victor Pinchuk. <a href="https://www.forbes.com/sites/katyasoldak/2014/03/03/ukraines-victor-pinchuk-the-oligarch-in-the-middle-of-the-crisis/#d83705d5ece8" target="_self">According to this excellent 2014 profile in Forbes</a>, the billionaire was a pipeline innovator who patented a new process for making seamless pipes just before the fall of the Berlin Wall. In the early 1990s he leveraged contacts from the Young Communist League to start selling to the likes of Gazprom and Rosneft. He took control of factories during the chaotic post-Soviet privatization period by buying up shares that had been distributed to employees. Pinchuk in a controversial 2016 op-ed suggested that the time had come for Ukraine to concede territory to Russia, make peace with Putin, and get on with rebuilding the country. He has been a <a href="https://www.nytimes.com/2016/08/21/us/politics/hillary-clinton-presidential-campaign-charity.html" target="_blank">big donor</a> to the <a href="https://www.wsj.com/articles/clinton-charity-tapped-foreign-friends-1426818602" target="_blank">Clinton Foundation</a>, <a href="https://www.wsj.com/articles/as-secretary-of-state-hillary-clinton-hosted-at-dinner-a-ukrainian-donor-to-family-foundation-1471995857" target="_blank">dined with Hillary</a>, and holds court at Davos and the Venice Biennale. More recently Pinchuk has <a href="http://abcnews.go.com/Business/trump-foundation-donations-controversial-ukrainian-clinton-donor/story?id=43728278" target="_blank">curried favor</a> with President Trump.</p>
<p>Earlier that day, before meeting up with Interpipe, I attended an unrelated event put on by the Small Business Administration on the east side of Houston in a poor neighborhood called Kashmere Gardens at a pipemaking plant called Tejas Tubulars. SBA Administrator Linda McMahon spoke about how the agency was offering $200,000 low-interest loans to business owners affected by Hurricane Harvey. Maximo Tejeda, chief executive and owner of Tejas, said his plant had been under 2 feet of water during the worst of Harvey, but most of the equipment is robust and withstood the storm.</p>
<p>Tejeda went to school at Purdue University and in 1970 started working for National Steel. In 1990 he started his own company and bought this Houston facility, which had been idle since the industry collapse in 1982. A few of the machines are still in use, but the business has changed, and now, says Tejeda, he’s “optimizing for shale.”</p>
<div id="attachment_16180" class="wp-caption alignright"> 
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  <progressive-image class="progressive-placeholder" src="https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FIMG_7591-300x248.jpg%3Fwidth%3D960" low-res-src="https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fchristopherhelman%2Ffiles%2F2017%2F10%2FIMG_7591-300x248.jpg%3Fwidth%3D960"></progressive-image> 
  <small class="article-photo-credit">C. Helman</small> 
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    <p class="wp-caption-text">Max Tejeda (center) with Ryan Sitton of the Texas Railroad Commission (left) and Linda McMahon of the Small Business Administration.</p> 
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<p>Ryan Sitton, a commissioner at the Texas Railroad Commission, helped arrange the SBA event. He’s known Tejeda for years as an dedicated, homegrown entrepreneur. Sitton sees a real benefit in limiting imported pipe. “The U.S. is becoming the preeminent energy provider in the world,” said Sitton. “You want foreign capital to play in that business. But we need to protect the domestic companies as well. If they can get steel at a third of the cost that Max can, that’s not free market.”</p>
<p>Tejeda’s best year was 2014, the most recent oil peak, when he shipped $300 million worth of pipe (at very slim margins). Since then business has plunged, then “stabilized,” he says. Tejeda is 66, and thinking about turning the business over to his son someday.</p>
<p>Tejeda’s specialty is in taking unfinished pipe and using his machines to carve the seams and threads that join the two pipes together. He explains the difference between the old methods of sinking simple vertical wells into sandstone versus today’s 2-mile long horizontal laterals into tough shale. “Way back in the day everything was hanging so you were designing for tension. Now that you’re pushing down the lateral everything has to be redesigned for compression. You’ve got to compress them to push them.”</p>
<p>The irony is that more <a href="http://www.atlanticcouncil.org/blogs/ukrainealert/us-trade-actions-threaten-ukraine-and-strengthen-russia" target="_blank">imports of Ukrainian pipe could be good</a> for Tejas Tubulars. As we toured his plant, I asked Tejeda if he knew the guys at Interpipe who I’d be meeting that afternoon. “Oh sure,” he said. “We process some pipe for them.” It’s a small world. “Yes, Max will put his proprietary thread on our pipe and sell it for exuberant amounts of profit,” laughed Interpipe’s Valk when I mentioned Tejeda to him later in the day. “Our pipe is made in Ukraine but much of it is finished in Houston. We heat treat some of it here -- the specialty companies live off of us,” says Valk.</p>
<p>The U.S. government will loan billions to repair flood damaged homes and businesses in Houston. And <a href="https://www.usaid.gov/news-information/press-releases/sep-30-2016-usaid-announces-us-issuance-1-billion-loan-guarantee-government-ukraine" target="_blank">has loaned billions more</a> to prop up war-torn Ukraine. Loans are nice, but you have to pay them back. “We’re grateful,” said Pinchuk, but “a better trade relationship would help Ukraine a lot more than loans.”</p>
<p>Meanwhile, back on the job, Jenny Welsh with Samaritan’s Purse says that this week their mission has shifted from gutting damaged homes to rebuilding them — turns out the Ukrainians are good at that too.</p>
<p>&nbsp;</p></div>
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<!----><sig-file _ngcontent-c20=""><div innerhtml="<p><em>*** </em></p><p><em>Senior Editor Chris Helman has been based in Houston, Texas since 2004. Read his magazine profiles of billionaires <a href=&quot;https://www.forbes.com/sites/christopherhelman/2017/12/19/the-last-coal-tycoon-chris-cline/#438c86926097&quot;>Cline</a>, <a href=&quot;https://www.forbes.com/sites/christopherhelman/2014/04/16/harold-hamm-billionaire-fueling-americas-recovery/#6f1f3e93ac8e&quot;>Hamm</a>, <a href=&quot;https://www.forbes.com/sites/christopherhelman/2011/10/05/aubrey-mcclendon-chesapeake-billionaire-wildcatter-shale/#3eefb78b5409&quot;>McClendon</a>, <a href=&quot;https://www.forbes.com/sites/christopherhelman/2014/03/31/t-boone-reborn/#1e90344c7d9a&quot;>Pickens</a>, <a href=&quot;https://www.forbes.com/sites/christopherhelman/2013/09/04/a-billion-reasons-why-ross-perot-jr-loves-that-giant-sucking-sound/#2030933249f2&quot;>Perot</a>, <a href=&quot;https://www.forbes.com/sites/christopherhelman/2016/01/20/in-the-oil-bust-this-texas-tycoon-sees-a-land-of-opportunity/#45c11935530d&quot;>Rees-Jones</a>. On Twitter @chrishelman.</em></p>"><p><em>*** </em></p><p><em>Senior Editor Chris Helman has been based in Houston, Texas since 2004. Read his magazine profiles of billionaires <a href="https://www.forbes.com/sites/christopherhelman/2017/12/19/the-last-coal-tycoon-chris-cline/#438c86926097">Cline</a>, <a href="https://www.forbes.com/sites/christopherhelman/2014/04/16/harold-hamm-billionaire-fueling-americas-recovery/#6f1f3e93ac8e">Hamm</a>, <a href="https://www.forbes.com/sites/christopherhelman/2011/10/05/aubrey-mcclendon-chesapeake-billionaire-wildcatter-shale/#3eefb78b5409">McClendon</a>, <a href="https://www.forbes.com/sites/christopherhelman/2014/03/31/t-boone-reborn/#1e90344c7d9a">Pickens</a>, <a href="https://www.forbes.com/sites/christopherhelman/2013/09/04/a-billion-reasons-why-ross-perot-jr-loves-that-giant-sucking-sound/#2030933249f2">Perot</a>, <a href="https://www.forbes.com/sites/christopherhelman/2016/01/20/in-the-oil-bust-this-texas-tycoon-sees-a-land-of-opportunity/#45c11935530d">Rees-Jones</a>. On Twitter @chrishelman.</em></p></div></sig-file>
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	</app-root><script id="ng-templates-state" type="application/json">{&q;environmentName&q;:&q;prod&q;,&q;is_mobile&q;:false,&q;/forbesapi/content/uri.json?shortcodes=true&a;slides=true&a;type=ng&a;tickers=true&a;bvallpages=true&a;autovpslider=true&a;stream=true&a;compressimages=true&a;mobile=false&a;prgsmobileads=false&a;relativeVideo=true&a;videoplayertype=brightcove_perform_with_keyvalues&a;swimlane=&a;uri=http://www.forbes.com/sites/christopherhelman/2017/10/25/billionaire-heir-leads-team-from-ukraine-in-hurricane-harvey-cleanup/&q;:{&q;content&q;:{&q;id&q;:&q;content_59f0b64e64aaf9293e08ff26&q;,&q;naturalId&q;:&q;blogAndPostId/blog/post/912-16174&q;,&q;source&q;:&q;blogs&q;,&q;author&q;:&q;Christopher Helman&q;,&q;title&q;:&q;Billionaire Heir Leads Team From Ukraine In Hurricane Harvey Cleanup&q;,&q;date&q;:1508952840000,&q;body&q;:&q;&l;p&g;[caption id=\&q;attachment_16204\&q; photocredit=\&q;John Everett\&q;  align=\&q;\&q; width=\&q;640\&q;]&l;img class=\&q;size-full wp-image-16204\&q; src=\&q;http://blogs-images.forbes.com/christopherhelman/files/2017/10/Interpipe_318-3.jpg?width=960\&q; alt=\&q;\&q; data-height=\&q;448\&q; data-width=\&q;640\&q;&g; Ukrainians in the house! Interpipe volunteers work with a team from Samaritan&s;s Purse. (Credit: John Everett)&a;nbsp;[/caption]\r\n\r\nOut here behind the Addicks Reservoir on the west side of Houston whole neighborhoods were under three feet of water for days after Hurricane Harvey blew through. A month later&a;nbsp;there is still plenty of work to be done. Though the ground has now dried, hundreds of homes remain filled with the stench of mold spreading in drywall. I meet up with a work crew consisting mostly of Ukrainians like Alexandr Shkil, who twirls&a;nbsp;twin hammers as he smashes out bathroom tile, sending sparks flying.\r\n\r\nThe woman who owns the house stands in her garage, surrounded by stacks of belongings rescued from the muddy water. Sad about what happened, happy to get help, she doesn&a;rsquo;t want her name used; she just wants to get life back to normal for her son who has Down Syndrome. The team of Ukrainians are employees of Interpipe, which &l;a href=\&q;https://www.trade.gov/steel/countries/pdfs/exports-ukraine.pdf\&q; target=\&q;_blank\&q;&g;manufactures steel pipe&l;/a&g; for oilfield drilling. They&s;ve so far helped demo 20 homes over 10 days. Soon a new team will arrive from Ukraine to sub in. They are organized by &l;a href=\&q;https://www.samaritanspurse.org/disaster/hurricane-relief-2017/?utm_source=Ggl&a;amp;utm_medium=cpc&a;amp;utm_campaign=m_YGHR-B17V_HHSP-LP&a;amp;gclid=CjwKCAjw7MDPBRAFEiwAppdF9PNE6mhToY5cVL2deTbw40bBVDJWBNUACiYzUAwrRY8OvuNvWFT9RhoCxKQQAvD_BwE\&q; target=\&q;_blank\&q;&g;Samaritan&a;rsquo;s Purse&l;/a&g;, a relief organization run by Franklin Graham, son of famous preacher Billy. &a;ldquo;I call them my Ukrainians,&a;rdquo; says Jenny Welsh, team coordinator. &a;ldquo;People keep asking why are they here. They can&a;rsquo;t believe it. If I didn&a;rsquo;t have my Ukrainians it would take us a long time.&a;rdquo;\r\n\r\n&a;ldquo;It&a;rsquo;s a very satisfying feeling to be able to give,&a;rdquo; says Roman Pinchuk, 26. &a;ldquo;I wanted to help. As a company, and as a family.&a;rdquo; His father, Victor Pinchuk (estimated &l;a href=\&q;https://www.forbes.com/profile/victor-pinchuk/\&q;&g;net worth: $1.1 billion&l;/a&g;), owns a controlling stake in Interpipe. His mother&a;rsquo;s father is Leonid Kuchma, the former president of Ukraine.\r\n\r\nRoman has been working shoulder to shoulder with his colleagues, including Daniel Valk, president of Interpipe&a;rsquo;s North American division. Despite having had an office in Houston for 15 years, Interpipe remains a bit player in oilfield pipe. Valk says the company still hasn&a;rsquo;t shaken the feeling of being interlopers in Texas, where oilfield services remains the domain of the Good Ol&a;rsquo; Boy network. &a;ldquo;We understand that we&a;rsquo;re the underdog. We have to bend over backwards to please our customers,&a;rdquo; says Valk, who the day before had accompanied Pinchuk to get a tetanus shot after he caught himself on a nail.\r\n\r\n[caption id=\&q;attachment_16206\&q; photocredit=\&q;John Everett\&q;  align=\&q;\&q; width=\&q;640\&q;]&l;img class=\&q;size-full wp-image-16206\&q; src=\&q;http://blogs-images.forbes.com/christopherhelman/files/2017/10/edInterpipe_372-1.jpg?width=960\&q; alt=\&q;\&q; data-height=\&q;412\&q; data-width=\&q;640\&q;&g; Interpipe volunteers join Samaritan&s;s Purse group to help restore a home in west Houston. (Credit: John Everett).[/caption]\r\n\r\nAs part of their charm offensive, the Interpipe team has also been chatting up members of Congress and the Department of Commerce, which this summer extended a loosening of the anti-dumping quotas imposed on Interpipe in 2014. The move was telegraphed as a bit of a helping hand to a country still fighting for Donetsk and Crimea against forces backed by Russian President Vladimir Putin.\r\n\r\nYou can&a;rsquo;t get oil without steel. The average well drilled today &a;mdash; far longer and more complex than decades past &a;mdash; requires 500 tons of pipe. Interpipe last year imported 43,000 tons to the U.S. last year &a;mdash; enough for about 80 wells. (Compare that with &l;a href=\&q;http://enforcement.trade.gov/steel/license/news/monthly_SIMA_factsheet.pdf\&q; target=\&q;_blank\&q;&g;U.S. pipe imports&l;/a&g; of &l;a href=\&q;http://enforcement.trade.gov/steel/license/documents/execsumm.pdf\&q; target=\&q;_blank\&q;&g;3.6 million tons&l;/a&g; and more than 15,000 wells drilled in the past year.) Before the war with Russia in 2014, Interpipe was selling about 350,000 tons a year into Russia&a;rsquo;s oil complex. That&a;rsquo;s down to 35,000 tons now. Worldwide, Interpipe is a relatively small player, selling 600,000 tons of pipe and railway wheels per year.\r\n\r\nAmerican &l;a href=\&q;https://www.steel.org/~/media/Files/AISI/Public%20Policy/Testimony/2016/GEC%20trade%20testimony%20-%20April%202016.pdf?la=en\&q; target=\&q;_blank\&q;&g;pipemakers&l;/a&g; in the past decade have successfully lobbied the Department of Commerce to enact quotas and tariffs on cheap Chinese and Korean pipe. &l;a href=\&q;http://www.epi.org/blog/commerce-slaps-tariffs-steel-imports/\&q; target=\&q;_blank\&q;&g;Ukrainian companies got hit too&l;/a&g;. Admittedly, it&a;rsquo;s tough to drum up much sympathy for Interpipe or Victor Pinchuk. &l;a href=\&q;https://www.forbes.com/sites/katyasoldak/2014/03/03/ukraines-victor-pinchuk-the-oligarch-in-the-middle-of-the-crisis/#d83705d5ece8\&q;&g;According to this excellent 2014 profile in Forbes&l;/a&g;, the billionaire was a pipeline innovator who patented a new process for making seamless pipes just before the fall of the Berlin Wall. In the early 1990s he leveraged contacts from the Young Communist League to start selling to the likes of Gazprom and Rosneft. He took control of factories during the chaotic post-Soviet privatization period by buying up shares that had been distributed to employees. Pinchuk in a controversial 2016 op-ed suggested that the time had come for Ukraine to concede territory to Russia, make peace with Putin, and get on with rebuilding the country. He has been a &l;a href=\&q;https://www.nytimes.com/2016/08/21/us/politics/hillary-clinton-presidential-campaign-charity.html\&q; target=\&q;_blank\&q;&g;big donor&l;/a&g; to the &l;a href=\&q;https://www.wsj.com/articles/clinton-charity-tapped-foreign-friends-1426818602\&q; target=\&q;_blank\&q;&g;Clinton Foundation&l;/a&g;, &l;a href=\&q;https://www.wsj.com/articles/as-secretary-of-state-hillary-clinton-hosted-at-dinner-a-ukrainian-donor-to-family-foundation-1471995857\&q; target=\&q;_blank\&q;&g;dined with Hillary&l;/a&g;, and holds court at Davos and the Venice Biennale. More recently Pinchuk has &l;a href=\&q;http://abcnews.go.com/Business/trump-foundation-donations-controversial-ukrainian-clinton-donor/story?id=43728278\&q; target=\&q;_blank\&q;&g;curried favor&l;/a&g; with President Trump.\r\n&l;!--donotpaginate--&g;\r\nEarlier that day, before meeting up with Interpipe, I attended an unrelated event put on by the Small Business Administration on the east side of Houston in a poor neighborhood called Kashmere Gardens at a pipemaking plant called Tejas Tubulars. SBA Administrator Linda McMahon spoke about how the agency was offering $200,000 low-interest loans to business owners affected by Hurricane Harvey. Maximo Tejeda, chief executive and owner of Tejas, said his plant had been under 2 feet of water during the worst of Harvey, but most of the equipment is robust and withstood the storm.\r\n\r\nTejeda went to school at Purdue University and in 1970 started working for National Steel. In 1990 he started his own company and bought this Houston facility, which had been idle since the industry collapse in 1982. A few of the machines are still in use, but the business has changed, and now, says Tejeda, he&a;rsquo;s &a;ldquo;optimizing for shale.&a;rdquo;\r\n\r\n[caption id=\&q;attachment_16180\&q; photocredit=\&q;C. Helman\&q;  align=\&q;alignright\&q; width=\&q;300\&q;]&l;img class=\&q;size-medium wp-image-16180\&q; src=\&q;http://blogs-images.forbes.com/christopherhelman/files/2017/10/IMG_7591-300x248.jpg?width=960\&q; alt=\&q;\&q; data-height=\&q;248\&q; data-width=\&q;300\&q;&g; Max Tejeda (center) with Ryan Sitton of the Texas Railroad Commission (left) and Linda McMahon of the Small Business Administration.[/caption]\r\n\r\nRyan Sitton, a commissioner at the Texas Railroad Commission, helped arrange the SBA event. He&a;rsquo;s known Tejeda for years as an dedicated, homegrown entrepreneur. Sitton sees a real benefit in limiting imported pipe. &a;ldquo;The U.S. is becoming the preeminent energy provider in the world,&a;rdquo; said Sitton. &a;ldquo;You want foreign capital to play in that business. But we need to protect the domestic companies as well. If they can get steel at a third of the cost that Max can, that&a;rsquo;s not free market.&a;rdquo;\r\n\r\nTejeda&a;rsquo;s best year was 2014, the most recent oil peak, when he shipped $300 million worth of pipe (at very slim margins). Since then business has plunged, then &a;ldquo;stabilized,&a;rdquo; he says. Tejeda is 66, and thinking about turning the business over to his son someday.\r\n\r\nTejeda&a;rsquo;s specialty is in taking unfinished pipe and using his machines to carve the seams and threads that join the two pipes together. He explains the difference between the old methods of sinking simple vertical wells into sandstone versus today&a;rsquo;s 2-mile long horizontal laterals into tough shale. &a;ldquo;Way back in the day everything was hanging so you were designing for tension. Now that you&a;rsquo;re pushing down the lateral everything has to be redesigned for compression. You&a;rsquo;ve got to compress them to push them.&a;rdquo;\r\n\r\nThe irony is that more &l;a href=\&q;http://www.atlanticcouncil.org/blogs/ukrainealert/us-trade-actions-threaten-ukraine-and-strengthen-russia\&q; target=\&q;_blank\&q;&g;imports of Ukrainian pipe could be good&l;/a&g; for Tejas Tubulars. As we toured his plant, I asked Tejeda if he knew the guys at Interpipe who I&a;rsquo;d be meeting that afternoon. &a;ldquo;Oh sure,&a;rdquo; he said. &a;ldquo;We process some pipe for them.&a;rdquo; It&a;rsquo;s a small world. &a;ldquo;Yes, Max will put his proprietary thread on our pipe and sell it for exuberant amounts of profit,&a;rdquo; laughed Interpipe&a;rsquo;s Valk when I mentioned Tejeda to him later in the day. &a;ldquo;Our pipe is made in Ukraine but much of it is finished in Houston. We heat treat some of it here -- the specialty companies live off of us,&a;rdquo; says Valk.\r\n\r\nThe U.S. government will loan billions to repair flood damaged homes and businesses in Houston. And &l;a href=\&q;https://www.usaid.gov/news-information/press-releases/sep-30-2016-usaid-announces-us-issuance-1-billion-loan-guarantee-government-ukraine\&q; target=\&q;_blank\&q;&g;has loaned billions more&l;/a&g; to prop up war-torn Ukraine. Loans are nice, but you have to pay them back. &a;ldquo;We&a;rsquo;re grateful,&a;rdquo; said Pinchuk, but &a;ldquo;a better trade relationship would help Ukraine a lot more than loans.&a;rdquo;\r\n\r\nMeanwhile, back on the job, Jenny Welsh with Samaritan&a;rsquo;s Purse says that this week their mission has shifted from gutting damaged homes to rebuilding them &a;mdash; turns out the Ukrainians are good at that too.\r\n\r\n&a;nbsp;&l;/p&g;&q;,&q;description&q;:&q;“It’s a very satisfying feeling to be able to give,” says Roman Pinchuk, 26.&q;,&q;image&q;:&q;https://blogs-images.forbes.com/christopherhelman/files/2017/10/Interpipe_318-3.jpg&q;,&q;type&q;:&q;blog&q;,&q;storyType&q;:&q;post&q;,&q;uri&q;:&q;http://www.forbes.com/sites/christopherhelman/2017/10/25/billionaire-heir-leads-team-from-ukraine-in-hurricane-harvey-cleanup/&q;,&q;comments&q;:[],&q;visible&q;:true,&q;authors&q;:[{&q;naturalId&q;:&q;blogAuthorId/blog/author/51&q;,&q;name&q;:&q;Christopher Helman&q;,&q;avatars&q;:[{&q;size&q;:400,&q;image&q;:&q;https://secure.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=400&a;d=mm&a;r=g&q;},{&q;size&q;:136,&q;image&q;:&q;https://secure.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=136&a;d=mm&a;r=g&q;},{&q;size&q;:62,&q;image&q;:&q;https://secure.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=62&a;d=mm&a;r=g&q;},{&q;size&q;:40,&q;image&q;:&q;https://secure.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=40&a;d=mm&a;r=g&q;}],&q;url&q;:&q;http://www.forbes.com/sites/christopherhelman/&q;,&q;type&q;:&q;Forbes Staff&q;,&q;profileUrl&q;:&q;/sites/christopherhelman/&q;,&q;twitterName&q;:&q;chrishelman&q;,&q;authorType&q;:&q;individual&q;,&q;linkedIn&q;:&q;https://www.linkedin.com/pub/christopher-helman/0/718/a92&q;,&q;email&q;:&q;chelman@forbes.com&q;,&q;tagName&q;:&q;Big Oil, Big Energy&q;,&q;blog&q;:false,&q;timestamp&q;:1516136299778,&q;amazon&q;:&q;https://www.forbes.com/ebooks/booms-busts-billionaires/&q;,&q;blogName&q;:&q;Southwest Bureau&q;,&q;topics&q;:[&q;business&q;,&q;energy&q;,&q;commodities-currencies&q;,&q;lists&q;,&q;regulation&q;,&q;washington&q;,&q;oped&q;,&q;policy&q;,&q;economics&q;,&q;politics&q;,&q;investing&q;,&q;the-worlds-billionaires&q;,&q;markets&q;,&q;lifestyle&q;,&q;tech&q;,&q;international&q;,&q;the-economy&q;,&q;entrepreneurs&q;,&q;innovation-and-science&q;,&q;strategies-solutions&q;,&q;reinventing-america&q;,&q;green-tech&q;,&q;going-global&q;,&q;energy--environment&q;,&q;ceo-network&q;,&q;workforce-management&q;,&q;autos&q;,&q;stocks&q;,&q;wall-street&q;,&q;gold-commodities&q;,&q;under-30&q;],&q;recentFlag&q;:false,&q;description&q;:&q;From Texas, I mostly cover the energy industry and the tycoons who control it. I joined Forbes in 1999 and moved from New York to Houston in 2004. The subjects of my Forbes cover stories have included T. Boone Pickens, Harold Hamm, Aubrey McClendon, Michael Dell, Ross Perot, Exxon, Chevron, Saudi Aramco and more. Follow me on twitter @chrishelman.&q;,&q;recentActivityCount&q;:0,&q;latestActivityDate&q;:1446834840000,&q;dailyActivityCount&q;:0,&q;primaryBlogNaturalId&q;:&q;blogAuthorId/blog/author/blog-912&q;,&q;shortUri&q;:&q;http://onforb.es/12liJGo&q;,&q;displayChannel&q;:&q;business&q;,&q;displaySection&q;:&q;energy&q;,&q;contributorSince&q;:1260827819000,&q;slug&q;:&q;christopherhelman&q;,&q;showNoVestPocket&q;:false,&q;embargo&q;:false,&q;primaryChannelId&q;:&q;channel_1&q;,&q;primarySectionId&q;:&q;section_2&q;,&q;googlePlus&q;:&q;chrishelman&q;,&q;enableContribContact&q;:true,&q;sigfile&q;:&q;&l;em&g;*** &l;/em&g;\r\n\r\n&l;em&g;Senior Editor Chris Helman has been based in Houston, Texas since 2004. Read his magazine profiles of billionaires &l;a href=\&q;https://www.forbes.com/sites/christopherhelman/2017/12/19/the-last-coal-tycoon-chris-cline/#438c86926097\&q;&g;Cline&l;/a&g;, &l;a href=\&q;https://www.forbes.com/sites/christopherhelman/2014/04/16/harold-hamm-billionaire-fueling-americas-recovery/#6f1f3e93ac8e\&q;&g;Hamm&l;/a&g;, &l;a href=\&q;https://www.forbes.com/sites/christopherhelman/2011/10/05/aubrey-mcclendon-chesapeake-billionaire-wildcatter-shale/#3eefb78b5409\&q;&g;McClendon&l;/a&g;, &l;a href=\&q;https://www.forbes.com/sites/christopherhelman/2014/03/31/t-boone-reborn/#1e90344c7d9a\&q;&g;Pickens&l;/a&g;, &l;a href=\&q;https://www.forbes.com/sites/christopherhelman/2013/09/04/a-billion-reasons-why-ross-perot-jr-loves-that-giant-sucking-sound/#2030933249f2\&q;&g;Perot&l;/a&g;, &l;a href=\&q;https://www.forbes.com/sites/christopherhelman/2016/01/20/in-the-oil-bust-this-texas-tycoon-sees-a-land-of-opportunity/#45c11935530d\&q;&g;Rees-Jones&l;/a&g;. On Twitter @chrishelman.&l;/em&g;&q;,&q;enableTwitterFeed&q;:false,&q;disableCanonical&q;:false,&q;disableDigest&q;:false,&q;forbesTwitterProfile&q;:{&q;screenName&q;:&q;chrishelman&q;,&q;name&q;:&q;Helman&q;,&q;profileImageUrl&q;:&q;http://pbs.twimg.com/profile_images/854364951703674881/IKRwIsMe.jpg&q;,&q;description&q;:&q;I&s;m the southwest correspondent for Forbes Magazine. Tycoons, Texas, oil, entrepreneurs, BBQ. UC Berkeley and Columbia J-school alum.&q;,&q;createdDate&q;:1274892873000,&q;location&q;:&q;Houston&q;,&q;url&q;:&q;https://t.co/ufsROTuNWT&q;,&q;expandedUrl&q;:&q;http://www.forbes.com/christopher-helman/&q;,&q;displayUrl&q;:&q;forbes.com/christopher-he…&q;,&q;verified&q;:true},&q;inactive&q;:true,&q;primaryChannel&q;:{&q;id&q;:&q;channel_1&q;,&q;channelId&q;:&q;channel_1&q;,&q;channelName&q;:&q;Business&q;,&q;sectionId&q;:&q;section_2&q;,&q;sectionName&q;:&q;Energy&q;,&q;url&q;:&q;/energy&q;,&q;shortName&q;:&q;Energy&q;},&q;allowEmail&q;:false,&q;avatar_map&q;:{}},{&q;naturalId&q;:&q;blogAuthorId/blog/author/blog-912&q;,&q;name&q;:&q;Southwest Bureau&q;,&q;avatars&q;:[{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;}],&q;url&q;:&q;http://www.forbes.com/sites/christopherhelman/&q;,&q;profileUrl&q;:&q;http://blogs.forbes.com/christopherhelman/profile/&q;,&q;twitterName&q;:&q;chrishelman&q;,&q;authorType&q;:&q;individual&q;,&q;tagName&q;:&q;Big Oil, Big Energy&q;,&q;blog&q;:true,&q;timestamp&q;:1483567505902,&q;topics&q;:[&q;business&q;,&q;energy&q;,&q;regulation&q;,&q;washington&q;,&q;oped&q;,&q;policy&q;,&q;economics&q;,&q;politics&q;,&q;logistics-transportation&q;,&q;the-worlds-billionaires&q;,&q;lists&q;,&q;investing&q;,&q;markets&q;,&q;commodities-currencies&q;,&q;lifestyle&q;,&q;tech&q;,&q;international&q;,&q;the-economy&q;,&q;entrepreneurs&q;,&q;innovation-and-science&q;,&q;strategies-solutions&q;,&q;reinventing-america&q;,&q;financing&q;,&q;sports--leisure&q;,&q;green-tech&q;,&q;going-global&q;,&q;energy--environment&q;,&q;ceo-network&q;,&q;workforce-management&q;,&q;philanthropy&q;,&q;autos&q;,&q;stocks&q;,&q;wall-street&q;,&q;gold-commodities&q;,&q;under-30&q;],&q;recentFlag&q;:false,&q;recentActivityCount&q;:0,&q;latestActivityDate&q;:1446834840000,&q;dailyActivityCount&q;:0,&q;primaryBlogNaturalId&q;:&q;blogAuthorId/blog/author/blog-912&q;,&q;primaryContributor&q;:&q;blogAuthorId/blog/author/51&q;,&q;primaryContributorData&q;:{&q;naturalId&q;:&q;blogAuthorId/blog/author/51&q;,&q;name&q;:&q;Christopher Helman&q;,&q;avatars&q;:[{&q;size&q;:136,&q;image&q;:&q;http://1.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=136&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:40,&q;image&q;:&q;http://1.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=40&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:400,&q;image&q;:&q;http://1.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=400&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:62,&q;image&q;:&q;http://1.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=62&a;#038;d=mm&a;#038;r=g&q;}],&q;blog&q;:false,&q;shortBio&q;:&q;I&s;m based in Houston, Texas. Energy capital of the world.&q;,&q;description&q;:&q;From Texas, I mostly cover the energy industry and the tycoons who control it. I joined Forbes in 1999 and moved from New York to Houston in 2004. The subjects of my Forbes cover stories have included T. Boone Pickens, Harold Hamm, Aubrey McClendon, Michael Dell, Ross Perot, Exxon, Chevron, Saudi Aramco and more. Follow me on twitter @chrishelman.&q;,&q;allowEmail&q;:false},&q;shortUri&q;:&q;http://onforb.es/12liJGo&q;,&q;displayChannel&q;:&q;business&q;,&q;displaySection&q;:&q;energy&q;,&q;contributorSince&q;:1280847786000,&q;slug&q;:&q;christopherhelman&q;,&q;showNoVestPocket&q;:false,&q;embargo&q;:false,&q;primaryChannelId&q;:&q;channel_1&q;,&q;primarySectionId&q;:&q;section_2&q;,&q;enableContribContact&q;:false,&q;enableTwitterFeed&q;:true,&q;disableCanonical&q;:false,&q;disableDigest&q;:false,&q;forbesTwitterProfile&q;:{&q;screenName&q;:&q;chrishelman&q;,&q;name&q;:&q;Helman&q;,&q;profileImageUrl&q;:&q;http://pbs.twimg.com/profile_images/854364951703674881/IKRwIsMe.jpg&q;,&q;description&q;:&q;I&s;m the southwest correspondent for Forbes Magazine. Tycoons, Texas, oil, entrepreneurs, BBQ. UC Berkeley and Columbia J-school alum.&q;,&q;createdDate&q;:1274892873000,&q;location&q;:&q;Houston&q;,&q;url&q;:&q;https://t.co/ufsROTuNWT&q;,&q;expandedUrl&q;:&q;http://www.forbes.com/christopher-helman/&q;,&q;displayUrl&q;:&q;forbes.com/christopher-he…&q;,&q;verified&q;:true},&q;inactive&q;:false,&q;primaryChannel&q;:{&q;id&q;:&q;channel_1&q;,&q;channelId&q;:&q;channel_1&q;,&q;channelName&q;:&q;Business&q;,&q;sectionId&q;:&q;section_2&q;,&q;sectionName&q;:&q;Energy&q;,&q;url&q;:&q;/energy&q;,&q;shortName&q;:&q;Energy&q;},&q;allowEmail&q;:false,&q;avatar_map&q;:{}}],&q;channelSection&q;:[{&q;channelId&q;:&q;channel_1&q;},{&q;channelId&q;:&q;channel_1&q;,&q;sectionId&q;:&q;section_127&q;},{&q;channelId&q;:&q;channel_1&q;,&q;sectionId&q;:&q;section_2&q;}],&q;slug&q;:&q;Southwest Bureau&q;,&q;blogType&q;:&q;individual&q;,&q;sitePage&q;:&q;forbes.com/business/blogs/christopherhelman/index.html&q;,&q;displayChannel&q;:&q;business&q;,&q;displaySection&q;:&q;energy&q;,&q;vestPocketList&q;:[{&q;id&q;:&q;59e61f2a64aaf922be63b4e1&q;,&q;type&q;:&q;blogslide&q;,&q;uri&q;:&q;http://www.forbes.com/sites/christopherhelman/2017/10/17/the-richest-people-in-texas-2017/&q;,&q;image&q;:&q;https://blogs-images.forbes.com/christopherhelman/files/2017/10/1010_forbes-400-trump-11-14-2017-cover_768x1005-229x300.jpg&q;,&q;title&q;:&q;The Richest People In Texas, 2017&q;,&q;contentType&q;:&q;blogslide&q;,&q;position&q;:0,&q;naturalId&q;:&q;blogAndPostId/blog/post/912-16157&q;,&q;authorImage&q;:&q;https://secure.gravatar.com/avatar/a04d03a116ba51d787ed01245edc8a55?s=40&a;d=mm&a;r=g&q;,&q;authorUrl&q;:&q;http://www.forbes.com/sites/christopherhelman/&q;,&q;authorType&q;:&q;Forbes Staff&q;,&q;authorName&q;:&q;Christopher Helman&q;,&q;blogType&q;:&q;individual&q;},{&q;id&q;:&q;59df9dc164aaf9754c490d0f&q;,&q;type&q;:&q;blogslide&q;,&q;uri&q;:&q;http://www.forbes.com/sites/angelauyeung/2017/10/17/richest-women-2017-forbes-400/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/caa5091fe56c4a2b8a94138d02ccd363/960x0.jpg?fit=scale&q;,&q;title&q;:&q;America&s;s Richest Women 2017&q;,&q;contentType&q;:&q;blogslide&q;,&q;position&q;:1,&q;naturalId&q;:&q;blogAndPostId/blog/post/4876-316&q;,&q;authorImage&q;:&q;https://secure.gravatar.com/avatar/2ed8aeda33c2d8d526556de14b7027fa?s=40&a;d=mm&a;r=g&q;,&q;authorUrl&q;:&q;http://www.forbes.com/sites/angelauyeung/&q;,&q;authorType&q;:&q;Forbes Staff&q;,&q;authorName&q;:&q;Angel Au-Yeung&q;,&q;blogType&q;:&q;individual&q;},{&q;type&q;:&q;slide&q;,&q;uri&q;:&q;https://www.forbes.com/pictures/mlj45jggj/1-detroit/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/026M72T8ElbzS/&q;,&q;title&q;:&q;The 10 Most Dangerous U.S. Cities&q;,&q;naturalId&q;:&q;blogAndSlideId/blog/slide/986-6336&q;,&q;count&q;:37276,&q;reason&q;:&q;MP-G&q;},{&q;type&q;:&q;blogslide&q;,&q;uri&q;:&q;https://www.forbes.com/sites/scottmendelson/2018/02/16/black-panther-breaks-its-first-box-office-records-with-25-2m-thursday/&q;,&q;image&q;:&q;https://blogs-images.forbes.com/scottmendelson/files/2018/01/MV5BMjA5MjA0MjMwMV5BMl5BanBnXkFtZTgwMTUyNTQ5MjI@._V1_SX1500_CR001500999_AL_-1200x799.jpg&q;,&q;title&q;:&q;Box Office: &s;Black Panther&s; Roars With Record-Breaking $25.2M Thursday&q;,&q;naturalId&q;:&q;blogAndPostId/blog/post/2595-47794&q;,&q;count&q;:168981,&q;reason&q;:&q;PV-D&q;},{&q;type&q;:&q;slide&q;,&q;uri&q;:&q;https://www.forbes.com/pictures/feki45eieki/the-toughest-jobs-to-fil/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/316974200/&q;,&q;title&q;:&q;The Toughest Jobs To Fill In 2017&q;,&q;naturalId&q;:&q;blogAndSlideId/blog/slide/2175-15175&q;,&q;count&q;:21022,&q;reason&q;:&q;MP-G&q;}],&q;generatedId&q;:&q;mef45ejekh&q;,&q;manualDescription&q;:&q;“It’s a very satisfying feeling to be able to give,” says Roman Pinchuk, 26.&q;,&q;primaryChannelId&q;:&q;channel_1&q;,&q;primarySectionId&q;:&q;section_2&q;,&q;vestPocketPosition&q;:6,&q;siteSlug&q;:&q;christopherhelman&q;,&q;preview&q;:false,&q;showComments&q;:true,&q;timestamp&q;:1509133301765,&q;statsEntities&q;:[{&q;id&q;:null,&q;name&q;:&q;Economy of Ukraine&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Interpipe Group&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Victor Pinchuk&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Quotation 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current=\&q;0\&q;&g; \n    &l;p class=\&q;wp-caption-text\&q;&g;Ukrainians in the house! Interpipe volunteers work with a team from Samaritan&s;s Purse. (Credit: John Everett)&a;nbsp;&l;/p&g; \n   &l;/fbs-accordion&g; \n  &l;/div&g; \n &l;/div&g; \n&l;/div&g;\n&l;p&g;Out here behind the Addicks Reservoir on the west side of Houston whole neighborhoods were under three feet of water for days after Hurricane Harvey blew through. A month later&a;nbsp;there is still plenty of work to be done. Though the ground has now dried, hundreds of homes remain filled with the stench of mold spreading in drywall. I meet up with a work crew consisting mostly of Ukrainians like Alexandr Shkil, who twirls&a;nbsp;twin hammers as he smashes out bathroom tile, sending sparks flying.&l;/p&g;\n&l;p&g;The woman who owns the house stands in her garage, surrounded by stacks of belongings rescued from the muddy water. Sad about what happened, happy to get help, she doesn’t want her name used; she just wants to get life back to normal for her son who has Down Syndrome. The team of Ukrainians are employees of Interpipe, which &l;a href=\&q;https://www.trade.gov/steel/countries/pdfs/exports-ukraine.pdf\&q; target=\&q;_blank\&q;&g;manufactures steel pipe&l;/a&g; for oilfield drilling. They&s;ve so far helped demo 20 homes over 10 days. Soon a new team will arrive from Ukraine to sub in. They are organized by &l;a href=\&q;https://www.samaritanspurse.org/disaster/hurricane-relief-2017/?utm_source=Ggl&a;amp;utm_medium=cpc&a;amp;utm_campaign=m_YGHR-B17V_HHSP-LP&a;amp;gclid=CjwKCAjw7MDPBRAFEiwAppdF9PNE6mhToY5cVL2deTbw40bBVDJWBNUACiYzUAwrRY8OvuNvWFT9RhoCxKQQAvD_BwE\&q; target=\&q;_blank\&q;&g;Samaritan’s Purse&l;/a&g;, a relief organization run by Franklin Graham, son of famous preacher Billy. “I call them my Ukrainians,” says Jenny Welsh, team coordinator. “People keep asking why are they here. They can’t believe it. If I didn’t have my Ukrainians it would take us a long time.”&l;/p&g;\n&l;p&g;“It’s a very satisfying feeling to be able to give,” says Roman Pinchuk, 26. “I wanted to help. As a company, and as a family.” His father, Victor Pinchuk (estimated &l;a href=\&q;https://www.forbes.com/profile/victor-pinchuk/\&q; target=\&q;_self\&q;&g;net worth: $1.1 billion&l;/a&g;), owns a controlling stake in Interpipe. His mother’s father is Leonid Kuchma, the former president of Ukraine.&l;/p&g;\n&l;p&g; \n &l;fbs-ad position=\&q;inread\&q; progressive=\&q;\&q;&g;&l;/fbs-ad&g;&l;/p&g;\n&l;p&g;Roman has been working shoulder to shoulder with his colleagues, including Daniel Valk, president of Interpipe’s North American division. Despite having had an office in Houston for 15 years, Interpipe remains a bit player in oilfield pipe. Valk says the company still hasn’t shaken the feeling of being interlopers in Texas, where oilfield services remains the domain of the Good Ol’ Boy network. “We understand that we’re the underdog. We have to bend over backwards to please our customers,” says Valk, who the day before had accompanied Pinchuk to get a tetanus shot after he caught himself on a nail.&l;/p&g;\n&l;div id=\&q;attachment_16206\&q; class=\&q;wp-caption alignnone\&q;&g; \n &l;div class=\&q;article-body-image\&q;&g; \n  &l;img class=\&q;size-full wp-image-16206\&q; src=\&q;//blogs-images.forbes.com/christopherhelman/files/2017/10/edInterpipe_372-1.jpg?width=960\&q; alt=\&q;\&q; data-height=\&q;412\&q; data-width=\&q;640\&q; /&g; \n  &l;small class=\&q;article-photo-credit\&q;&g;John Everett&l;/small&g; \n &l;/div&g; \n &l;div article-image-caption=\&q;\&q;&g; \n  &l;div class=\&q;caption-container\&q; ng-class=\&q;caption_state\&q;&g; \n   &l;fbs-accordion current=\&q;0\&q;&g; \n    &l;p class=\&q;wp-caption-text\&q;&g;Interpipe volunteers join Samaritan&s;s Purse group to help restore a home in west Houston. (Credit: John Everett).&l;/p&g; \n   &l;/fbs-accordion&g; \n  &l;/div&g; \n &l;/div&g; \n&l;/div&g;\n&l;div class=\&q;vestpocket\&q; vest-pocket=\&q;\&q;&g;&l;/div&g;\n&l;p&g;As part of their charm offensive, the Interpipe team has also been chatting up members of Congress and the Department of Commerce, which this summer extended a loosening of the anti-dumping quotas imposed on Interpipe in 2014. The move was telegraphed as a bit of a helping hand to a country still fighting for Donetsk and Crimea against forces backed by Russian President Vladimir Putin.&l;/p&g;\n&l;p&g;You can’t get oil without steel. The average well drilled today — far longer and more complex than decades past — requires 500 tons of pipe. Interpipe last year imported 43,000 tons to the U.S. last year — enough for about 80 wells. (Compare that with &l;a href=\&q;http://enforcement.trade.gov/steel/license/news/monthly_SIMA_factsheet.pdf\&q; target=\&q;_blank\&q;&g;U.S. pipe imports&l;/a&g; of &l;a href=\&q;http://enforcement.trade.gov/steel/license/documents/execsumm.pdf\&q; target=\&q;_blank\&q;&g;3.6 million tons&l;/a&g; and more than 15,000 wells drilled in the past year.) Before the war with Russia in 2014, Interpipe was selling about 350,000 tons a year into Russia’s oil complex. That’s down to 35,000 tons now. Worldwide, Interpipe is a relatively small player, selling 600,000 tons of pipe and railway wheels per year.&l;/p&g;\n&l;p&g;American &l;a href=\&q;https://www.steel.org/~/media/Files/AISI/Public%20Policy/Testimony/2016/GEC%20trade%20testimony%20-%20April%202016.pdf?la=en\&q; target=\&q;_blank\&q;&g;pipemakers&l;/a&g; in the past decade have successfully lobbied the Department of Commerce to enact quotas and tariffs on cheap Chinese and Korean pipe. &l;a href=\&q;http://www.epi.org/blog/commerce-slaps-tariffs-steel-imports/\&q; target=\&q;_blank\&q;&g;Ukrainian companies got hit too&l;/a&g;. Admittedly, it’s tough to drum up much sympathy for Interpipe or Victor Pinchuk. &l;a href=\&q;https://www.forbes.com/sites/katyasoldak/2014/03/03/ukraines-victor-pinchuk-the-oligarch-in-the-middle-of-the-crisis/#d83705d5ece8\&q; target=\&q;_self\&q;&g;According to this excellent 2014 profile in Forbes&l;/a&g;, the billionaire was a pipeline innovator who patented a new process for making seamless pipes just before the fall of the Berlin Wall. In the early 1990s he leveraged contacts from the Young Communist League to start selling to the likes of Gazprom and Rosneft. He took control of factories during the chaotic post-Soviet privatization period by buying up shares that had been distributed to employees. Pinchuk in a controversial 2016 op-ed suggested that the time had come for Ukraine to concede territory to Russia, make peace with Putin, and get on with rebuilding the country. He has been a &l;a href=\&q;https://www.nytimes.com/2016/08/21/us/politics/hillary-clinton-presidential-campaign-charity.html\&q; target=\&q;_blank\&q;&g;big donor&l;/a&g; to the &l;a href=\&q;https://www.wsj.com/articles/clinton-charity-tapped-foreign-friends-1426818602\&q; target=\&q;_blank\&q;&g;Clinton Foundation&l;/a&g;, &l;a href=\&q;https://www.wsj.com/articles/as-secretary-of-state-hillary-clinton-hosted-at-dinner-a-ukrainian-donor-to-family-foundation-1471995857\&q; target=\&q;_blank\&q;&g;dined with Hillary&l;/a&g;, and holds court at Davos and the Venice Biennale. More recently Pinchuk has &l;a href=\&q;http://abcnews.go.com/Business/trump-foundation-donations-controversial-ukrainian-clinton-donor/story?id=43728278\&q; target=\&q;_blank\&q;&g;curried favor&l;/a&g; with President Trump.&l;/p&g;\n&l;p&g;Earlier that day, before meeting up with Interpipe, I attended an unrelated event put on by the Small Business Administration on the east side of Houston in a poor neighborhood called Kashmere Gardens at a pipemaking plant called Tejas Tubulars. SBA Administrator Linda McMahon spoke about how the agency was offering $200,000 low-interest loans to business owners affected by Hurricane Harvey. Maximo Tejeda, chief executive and owner of Tejas, said his plant had been under 2 feet of water during the worst of Harvey, but most of the equipment is robust and withstood the storm.&l;/p&g;\n&l;p&g;Tejeda went to school at Purdue University and in 1970 started working for National Steel. In 1990 he started his own company and bought this Houston facility, which had been idle since the industry collapse in 1982. A few of the machines are still in use, but the business has changed, and now, says Tejeda, he’s “optimizing for shale.”&l;/p&g;\n&l;div id=\&q;attachment_16180\&q; class=\&q;wp-caption alignright\&q;&g; \n &l;div class=\&q;article-body-image\&q;&g; \n  &l;img class=\&q;size-medium wp-image-16180\&q; src=\&q;//blogs-images.forbes.com/christopherhelman/files/2017/10/IMG_7591-300x248.jpg?width=960\&q; alt=\&q;\&q; data-height=\&q;248\&q; data-width=\&q;300\&q; /&g; \n  &l;small class=\&q;article-photo-credit\&q;&g;C. Helman&l;/small&g; \n &l;/div&g; \n &l;div article-image-caption=\&q;\&q;&g; \n  &l;div class=\&q;caption-container\&q; ng-class=\&q;caption_state\&q;&g; \n   &l;fbs-accordion current=\&q;0\&q;&g; \n    &l;p class=\&q;wp-caption-text\&q;&g;Max Tejeda (center) with Ryan Sitton of the Texas Railroad Commission (left) and Linda McMahon of the Small Business Administration.&l;/p&g; \n   &l;/fbs-accordion&g; \n  &l;/div&g; \n &l;/div&g; \n&l;/div&g;\n&l;p&g;Ryan Sitton, a commissioner at the Texas Railroad Commission, helped arrange the SBA event. He’s known Tejeda for years as an dedicated, homegrown entrepreneur. Sitton sees a real benefit in limiting imported pipe. “The U.S. is becoming the preeminent energy provider in the world,” said Sitton. “You want foreign capital to play in that business. But we need to protect the domestic companies as well. If they can get steel at a third of the cost that Max can, that’s not free market.”&l;/p&g;\n&l;p&g;Tejeda’s best year was 2014, the most recent oil peak, when he shipped $300 million worth of pipe (at very slim margins). Since then business has plunged, then “stabilized,” he says. Tejeda is 66, and thinking about turning the business over to his son someday.&l;/p&g;\n&l;p&g;Tejeda’s specialty is in taking unfinished pipe and using his machines to carve the seams and threads that join the two pipes together. He explains the difference between the old methods of sinking simple vertical wells into sandstone versus today’s 2-mile long horizontal laterals into tough shale. “Way back in the day everything was hanging so you were designing for tension. Now that you’re pushing down the lateral everything has to be redesigned for compression. You’ve got to compress them to push them.”&l;/p&g;\n&l;p&g;The irony is that more &l;a href=\&q;http://www.atlanticcouncil.org/blogs/ukrainealert/us-trade-actions-threaten-ukraine-and-strengthen-russia\&q; target=\&q;_blank\&q;&g;imports of Ukrainian pipe could be good&l;/a&g; for Tejas Tubulars. As we toured his plant, I asked Tejeda if he knew the guys at Interpipe who I’d be meeting that afternoon. “Oh sure,” he said. “We process some pipe for them.” It’s a small world. “Yes, Max will put his proprietary thread on our pipe and sell it for exuberant amounts of profit,” laughed Interpipe’s Valk when I mentioned Tejeda to him later in the day. “Our pipe is made in Ukraine but much of it is finished in Houston. We heat treat some of it here -- the specialty companies live off of us,” says Valk.&l;/p&g;\n&l;p&g;The U.S. government will loan billions to repair flood damaged homes and businesses in Houston. And &l;a href=\&q;https://www.usaid.gov/news-information/press-releases/sep-30-2016-usaid-announces-us-issuance-1-billion-loan-guarantee-government-ukraine\&q; target=\&q;_blank\&q;&g;has loaned billions more&l;/a&g; to prop up war-torn Ukraine. 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