Partnership project with Interpipe
Boulogne-Billancourt, 18 April 2018 - Vallourec, world leader in premium tubular solutions, and Interpipe, Ukrainian manufacturer of steel seamless tubes, announce their intention to start a partnership to produce in cooperation non-OCTG[1] carbon seamless tubes for the European market.
These products, mostly for mechanical, line pipe and process applications[2], will be produced by Interpipe before being conditioned and controlled in a finishing line to be implemented in one of Interpipe's mills located in Nikopol city in Ukraine and managed by Vallourec. The start of production is planned for autumn 2018. These tubes will be commercialized by Vallourec in Europe.
With this partnership, Vallourec will be able to complement its offer with highly competitive entry-level pipes and therefore propose a global portfolio of solutions to reinforce its market position in Europe, the Group's historic base currently positioned on products with higher added value.
About Vallourec
Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting edge R&D open new technological frontiers. With close to 19,500 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible.
[1] OCTG: "Oil Country Tubular Goods" products are seamless tubes that are found in oil and gas wells (casing and tubing).
[2] - Tubes for mechanical applications = machines tools, agricultural machinery
- Line pipe = line pipes for the transport of oil and gas
- Process tubes = tubes for the transport of hydrocarbon within refineries, petrochemical plants.