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Vallourec: Edouard Guinotte To Replace Philippe Crouzet As Chairman
Vallourec Has Been Awarded 900 Million Dollars Contract With ADNOC
Vallourec Q2 EBITDA Increases To 102 Million Euros
Vallourec SA is a France-based company, which specializes in the production of seamless and welded steel tube products for industrial applications. It operates through two segments: Seamless Tubes and Specialty Products. For the oil and gas industry, it designs and develops a comprehensive range of products including seamless tubes and connections for drilling operations, line pipes and well equipment. For the power generation market, it offers tubes that withstand severe temperature and pressure conditions. Its solutions enable power companies to meet the challenges of energy efficiency and reduce CO2 emissions in power plants. It also offers a wide range of tubes for petrochemical installations (refineries), for mechanical engineering applications (hydraulic cylinders and machine tools), for the automotive industry, for construction (stadiums, other complex buildings and structures) and for various other industrial sectors. It operates through Vallourec Solucoes Tubulares do Brasil.
Oil Well Services & Equipment
27, avenue du General Leclerc
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Member of the Executive Committee
Independent Vice Chairman of the Supervisory Board, Lead Director
Chief Financial Officer, Member of the Management Board and Executive Committee
Senior Vice President Technology & Industry, Member of the Executive Committee
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France's Vallourec on Wednesday it would cut about 18 percent of its staff in Germany by 2020 and announced other savings measures, after reporting a sharp rise in full-year earnings.
Steel pipe maker Vallourec <VLLP.PA> denied on Wednesday it was preparing a vast redundancy plan for France though it said it was working on an action plan to boost competitiveness its German operations.
French steel pipe maker Vallourec plans to cut jobs in France and Germany to reduce costs and its heavy debt burden, French weekly business magazine Challenges said on Wednesday.
* VALLOUREC SUCCESSFULLY PRICES OFFERING OF €400 MILLION SENIOR NOTES DUE 2023
French steel pipe maker Vallourec reported a gross operating profit for 2017 on Wednesday, bucking analysts' expectations for a loss as it was helped by cost cutting and a rebound in oil and gas prices.
* DGAP-NEWS: VALLOUREC AWARDS PSI WITH THE DELIVERY OF A NEW MES Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* VALLOUREC : VALLOUREC IS CONSIDERING DIVESTING ITS "DRILLING PRODUCTS" BUSINESS
French steel pipe maker Vallourec raised its 2017 financial guidance on Thursday for the second time since July, after higher oil and gas revenue in the United States and cost cutting helped it swing to a core profit in the third quarter.
French steel pipe maker Vallourec and Asco Industries announced on Thursday the finalisation of their acquisition of the Saint Saulve steel mill in northern France.
* Co holds majority stake of 84.6% in vallourec soluções tubulares do brasil, nippon steel & sumitomo metal corp 15%, and sumitomo corp 0.4%.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.