{ "schemaVersion": 1, "organisationId": "O-86a6d7b5f1f24eb8a14d14c897563dd1", "slug": "vallourec", "name": "VALLOUREC", "updatedAt": "2026-10-04T14:58:00.590885Z", "sections": [ { "type": "OVERVIEW", "text": "Vallourec is a global manufacturer of premium tubular solutions for energy and industrial markets. Its core products include seamless steel tubes, oil-country tubular goods, line pipe and premium connections, serving oil and gas, low-carbon energy, power generation and mechanical applications. [https://www.vallourec.com/identity/focus/][https://solutions.vallourec.com/oil-gas/oil-country-tubular-goods/][https://solutions.vallourec.com/oil-gas/project-line-pipe/]\n\nThe company reports operations in 20 countries and 13,000 employees. Its stated vision is to be an innovative and agile partner of choice, providing smart and sustainable tubular solutions. [https://www.vallourec.com/identity/focus/][https://www.vallourec.com/perspective/our-vision/] Vallourec reported FY2025 revenue of €3.809 billion. [T504723]\n[T504723][https://www.vallourec.com/identity/focus/][https://solutions.vallourec.com/oil-gas/oil-country-tubular-goods/][https://solutions.vallourec.com/oil-gas/project-line-pipe/][https://www.vallourec.com/perspective/our-vision/]", "updatedAt": "2026-10-04T14:58:00.590885Z" }, { "type": "PRODUCTS", "text": "Vallourec’s main product lines are oil-country tubular goods (OCTG) and Project Line Pipe (PLP). OCTG includes seamless casing, which supports well walls, and production tubing, which carries fluids to the surface; these products can be combined with Vallourec’s VAM® premium threaded connections for demanding deepwater, corrosive, shale and high-pressure/high-temperature applications. [P88211137][P22571299][P72227638][P19464137][P3953136]\n\nNamed connection products include VAM® 21, available in 3.5–16-inch diameters and qualified for temperatures up to 350°C; VAM® SLIJ-3, designed for enhanced tensile, compression and torque capacity; and VAM® SPRINT variants for unconventional wells. Other specialized offerings include CLEANWELL® dope-free technology, VAM® BOLT-II, VAM® HP, VAM® SG and VAM® EDGE SF+. Project Line Pipe and Process products include tubes, coatings and accessories for transporting oil and gas, including insulated pipe-in-pipe solutions for temperature control. [P120564559][P24215705][P19429294][P5601081][P91541275][P3949503][P70270054][P39462168]\n\nServices include VAM® Field Services, tubular management, supply-chain and well-design support, maintenance and repair of VAM joints, digital traceability and integrity-monitoring solutions, and project engineering, welding, coating, insulation, bending and logistics. Vallourec also offers tubular solutions for geothermal energy, hydrogen and carbon sequestration. Delphy® is an on-site vertical hydrogen-storage system designed for 1–100 tonnes of hydrogen; Vallourec announced its qualification by DNV in 2025. [P86892837][P93940853][P103006160][P50696640][P80496472][P718062][P78341222][https://www.vallourec.com/app/uploads/2025/06/Vallourec_Press-Release_Delphy_Qualification.pdf]\n\nFor FY2025, Tubes revenue by customer market was €2,954 million from Oil & Gas and Petrochemicals (about 83.8%), €320 million from Industry (about 9.1%) and €252 million from Other (about 7.1%), out of €3,526 million in total Tubes revenue. These are customer-market shares, not a breakdown by individual product. [T4038185]\n[P88211137][P22571299][P72227638][P19464137][P3953136][P120564559][P24215705][P19429294][P5601081][P91541275][P3949503][P70270054][P39462168][P86892837][P93940853][P103006160][P50696640][P80496472][P718062][P78341222][T4038185][T4038185][T4038185][T4038185][https://www.vallourec.com/app/uploads/2025/06/Vallourec_Press-Release_Delphy_Qualification.pdf]", "updatedAt": "2026-10-04T14:58:00.590885Z" }, { "type": "GEOGRAPHY", "text": "In FY2025, Vallourec reported €3,526 million in Tubes revenue across its management regions: North America €1,432 million (40.6%), the Middle East €779 million (22.1%), South America €560 million (15.9%), Asia €382 million (10.8%), Europe €148 million (4.2%), and Rest of World €224 million (6.4%). These figures describe Tubes revenue by region, not total Group revenue or revenue by individual country. [T10941530]\n\nVallourec’s manufacturing and manufacturing-and-sales entities span France, Germany, the United Kingdom, the United States, Mexico, Brazil, Indonesia, China, and Saudi Arabia. Its entities also include sales operations in Canada, the UAE, and Uruguay, and service operations in Singapore, Malaysia, Nigeria, Angola, and Uganda. The company groups its Tubes operations into Europe/Africa, Middle East/Asia, North America, and South America; named operating sites include Aulnoye-Aymeries in France, Houston in the United States, PT Citra Tubindo, and Barreiro and Jeceaba in Brazil. [T8850345][T7277698]\n\nAt FY2024 year-end, Vallourec reported 12,497 permanent employees. Brazil accounted for 6,801 (54.4%), the United States 1,891 (15.1%), France 1,206 (9.7%), China 930 (7.4%), and Mexico 425 (3.4%); the remaining permanent workforce was distributed across other countries, including Indonesia, Saudi Arabia, the United Kingdom, Malaysia, and the UAE. Percentages are calculated from the reported permanent-employee total. [T2101264]\n[T10941530][T8850345][T7277698][T2101264]", "updatedAt": "2026-10-04T14:58:00.590885Z" }, { "type": "SEGMENTS", "text": "Vallourec’s FY2025 results present business categories as Tubes, Mine & Forest, and Holding & Other (H&O), with inter-segment transactions eliminated in reconciling to Group revenue. Tubes covers seamless steel tubes, while Mine & Forest comprises iron-ore production and forestry activities [P75091198][P96600442][P97811268].\n\nIn FY2025, Tubes generated €3,526 million, approximately 92.6% of Group revenue of €3,809 million. Mine & Forest generated €340 million, approximately 8.9%, and H&O generated €172 million, approximately 4.5%. These figures include inter-segment sales; a €229 million elimination (about 6.0% of Group revenue) reconciles the categories to the consolidated total. Percentages are calculated against Group revenue and may not sum to 100% before eliminations [T6602927].\n\nVallourec also discloses revenue by geographic area separately; that is a different analytical view from the FY2025 business-category breakdown [T11352974].\n[P75091198][P96600442][P97811268][T6602927][T6602927][T6602927][T6602927][T6602927][T11352974]", "updatedAt": "2026-10-04T14:58:00.590885Z" }, { "type": "HISTORY", "text": "Vallourec’s industrial roots include the 1886 Mannesmann seamless-tube rolling process and French tube businesses established in the late 19th century, including the Montbard plant company formed in 1899. The Vallourec name emerged in 1930 when French tube manufacturers combined operations, and in 1957 Société des Tubes de Valenciennes merged with Société Louvroil-Montbard-Aulnoye; the resulting group was listed in Paris as Vallourec. [P36411885][P51035243][P114145702][P63696759]\n\nThe company introduced its VAM® premium pipe connection in 1965 and expanded it through a partnership with Sumitomo, which became a joint venture in 1984. Vallourec and Mannesmannröhren-Werke formed Vallourec & Mannesmann Tubes in 1997; Vallourec acquired its partner’s remaining 45% stake in 2005. The group expanded internationally through acquisitions and new operations, including North Star Steel’s seamless-tube business in the United States in 2002 and a manufacturing presence in China from 2006. [P105817852][P79949050][P88686197][P35252637][P105620038][P66568766][P53222728][P98914765]\n\nIn 2021, a financial restructuring reduced Group debt by about €1.8 billion. [https://www.vallourec.com/app/uploads/2021/07/20210701-Vallourec-Press-Release-Succes-Restructuration-Financiere.pdf] In 2024, ArcelorMittal completed its purchase of Apollo funds’ stake and became Vallourec’s anchor shareholder. [https://www.vallourec.com/app/uploads/2024/08/20240806-Vallourec_Press-Release_ArcelorMittal-Anchor-Shareholder.pdf] In 2025, Vallourec completed its acquisition of Thermotite do Brasil, adding offshore pipe-coating activities. [https://www.vallourec.com/app/uploads/2025/06/Vallourec_PR_Completion_Acquisition_Thermotite_do_Brasil.pdf]\n[P36411885][P51035243][P114145702][P63696759][P105817852][P79949050][P88686197][P35252637][P105620038][P66568766][P53222728][P98914765][https://www.vallourec.com/app/uploads/2021/07/20210701-Vallourec-Press-Release-Succes-Restructuration-Financiere.pdf][https://www.vallourec.com/app/uploads/2024/08/20240806-Vallourec_Press-Release_ArcelorMittal-Anchor-Shareholder.pdf][https://www.vallourec.com/app/uploads/2025/06/Vallourec_PR_Completion_Acquisition_Thermotite_do_Brasil.pdf][https://www.vallourec.com/app/uploads/2021/07/20210701-Vallourec-Press-Release-Succes-Restructuration-Financiere.pdf][https://www.vallourec.com/app/uploads/2024/08/20240806-Vallourec_Press-Release_ArcelorMittal-Anchor-Shareholder.pdf][https://www.vallourec.com/app/uploads/2025/06/Vallourec_PR_Completion_Acquisition_Thermotite_do_Brasil.pdf]", "updatedAt": "2026-10-04T14:58:00.590885Z" } ], "sources": [ { 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