Vallourec SA - Company Profile
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Business Description
Vallourec SA (Vallourec) manufactures seamless steel tubes, drill pipes, special line pipes, stainless and carbon steel tubes, welded titanium tubes and nickel alloy tubes.
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R&D Overview
R&D activities focuses on manufacturing processes; new products launches and improving the performance of existing products; services and solutions. It strives to maintain its technological leadership and meet customer needs. The company intends to continue the identification and addressing technological challenges faced by customers. The company has five research centers in Germany, France, Brazil and the US; and has 430 engineers and technicians for R&D activities. In FY2022, the company spent EUR45 million on R&D, which as a percentage of its sales stood at 1%. As of December 31, 2022, it had filed and maintained more than 4,600 patents across the world.
Business Segments
Overview
Include revenues primarily from financial dividends, interest on long-term loans to subsidiaries, and investment income from cash and cash equivalents, as well as the cost of debt.
Performance
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Overview
Consists of the operations of iron ore mine and the forests, which supply charcoal to the blast furnace located in Jeceaba in the Brazilian state of Minas Gerais.
Performance
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Overview
Manufactures hot-rolled seamless carbon and alloy steel tubes, including smooth and threaded. It offers a wide range of tubing & casing accessories, surface equipment and completion accessories. It serves primarily to the Oil and Gas industry.
Performance
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