Bilan carbone: Vallourec

Descriptif de l'activité

With over 135 years of expertise, Vallourec stands as a trustworthy partner for cutting-edge steel solutions that make energy transformation a reality. With 15000 employees over 20 countries, it is a global industry leader on energy markets, including Oil & Gas and New Energies. The Group operates a global network of steel shops, tube rolling mills and heat treatment and threading facilities backed by a state-of-the-art Research and Development operation. In 2023, Vallourec completed its transformation plan, called New Vallourec, which aimed to create a profitable company with a long-term future, regardless of market conditions. The plan involved a significant realignment of Vallourec's industrial footprint, with the closure of most of its production units in Europe and the transfer of tube volumes for the Oil & Gas market to Brazil. The plan also focused on value over volume, leveraging Vallourec's technological expertise and premium products to serve its customers. Vallourec offers a wide range of premium, high-performance tubular solutions whose manufacture requires significant technological and industrial expertise. The Group serves four key markets: • Hydrocarbon exploration and production: Vallourec provides tubes, connections and services for the development of oil and gas fields, from the simplest to the most complex, in onshore, offshore and unconventional environments. • Industry: Vallourec produces lightweight and resistant tubes for automotive, agribusiness, construction, mechanicals and other industrial applications. • New Energies: Vallourec develops innovative solutions for the low-carbon energy markets, such as hydrogen storage, carbon capture and storage, geothermal and solar energy. • Iron ore production: Vallourec operates an iron mine in Brazil, which supplies its own steel production and the local market. Vallourec relies on leading-edge R&D to push the limits of industrial technology, while maintaining one of the lowest carbon footprints on the market. The Group has a robust culture of innovation that has allowed it to build the industry's largest patent portfolio in the OCTG industry and to specialize in premium tubular connections via its VAM line of products. Vallourec also offers a wide range of digital solutions and services to enhance its customers' operational efficiency and performance. Vallourec is strongly committed to a bold decarbonization journey and has set ambitious targets to reduce its CO2 emissions by 35% by 2035 compared to 2021. The Group also contributes to the energy transition of its customers by providing solutions that enable safe and clean energy production and storage. Vallourec respects people and the environment and integrates the highest standards of safety, quality, social responsibility and environmental consciousness into its strategy.