VALLOUREC : Innovation and competitive strength: Vallourec inaugurates new cutting-edge tube-piercing equipment in Germany
21 Juin 2017 - 08:48PM
Innovation and
competitive strength: Vallourec inaugurates new cutting-edge
tube-piercing equipment in Germany
Boulogne-Billancourt, 21 June 2017 - Vallourec, world
leader in premium tubular solutions, puts a new high-performance
piercer into operation at its Düsseldorf-Rath tube plant. This
cutting-edge equipment is considered among the most modern in the
world and guarantees increased productivity and reduced energy
consumption.
The piercing of solid steel
billets and their hot rolling on a mandrel are two key stages in
the production of seamless steel tubes. Controlling these processes
is crucial to the dimensional and metallurgical quality of the
products. With this new tool, Vallourec demonstrates its
determination to maintain its highest level of technological
expertise and reinforces its position as a global leader.
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Equipped with three-roll technology, the new piercer is more
powerful, enabling it to shape, with outstanding dimensional
precision and excellent surface quality, premium tubes designed for
the most demanding applications.
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Working alongside the plant's
rolling mill, the new piercer will also offer greater flexibility
in terms of the dimensions that can be achieved (outside diameter,
thickness, length) and the range of materials manufactured. It will
also consume less energy per metric ton produced.
The new equipment will enable the
Group to meet rising demand for high-strength and/or high-alloy
steel tubes. Alloys that exhibit an optimal strength/weight ratio
are indeed being sought for a growing number of applications in the
engineering industry (cylinder tubes, crane components), steel
construction (structural components for drilling platforms), oil
and gas (casing tubes and coupling, line tubes), power generation
(boiler tubes for power plants) and petrochemicals, all markets in
which the Group has a strong presence.
Lastly, the new piercer makes it
possible to fully automate the process, resulting in numerous
internal production optimizations and improvements in quality.
Christoph Bem, the plant's director, explained: "The combination of the latest technology and automation
leads to a faster production process that is able to sustain the
highest quality standards. In this way we can intensify our
commitment to excellence for our customers".
Philippe Crouzet, Chairman of the
Management Board, concluded: "This new innovative
tool, which is faster, more reliable and more efficient, is an
undeniable asset for the Group in Europe and is aligned with our
global approach to innovation. It will enable us to meet the
market's ever-growing requirements and maintain our technological
lead in the manufacturing of high-strength premium tubes".
To download photos of the new
piercer, click here:
http://www.vallourec.com/EN/group/MEDIA/Library/Pages/news.aspx
About
Vallourec
Vallourec is a world leader in premium tubular solutions for the
energy markets and for demanding industrial applications such as
oil and 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 continually open new technological frontiers.
Operating in more than 20 countries, its 19,000 dedicated and
passionate employees work hand-in-hand with their customers to
offer more than just tubes: they deliver innovative, safe,
competitive and smart tubular solutions, to make every project
possible.
Listed on the Euronext in Paris (ISIN code: FR0000120354, Ticker
VK) and eligible for the Deferred Settlement Service (SRD),
Vallourec is included in the following indices: SBF 120 and Next
150.
In the United States, Vallourec has established a sponsored Level 1
American Depositary Receipt (ADR) program (ISIN code: US92023R2094,
Ticker: VLOWY). The parity between the ADR and the ordinary
Vallourec share is 5 for 1.
vallourec.com
Follow us on Twitter @Vallourec
For more
information, please contact:
Investor relations |
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Press relations |
Etienne
Bertrand |
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Héloïse
Rothenbühler |
Tel: +33
(0)1 49 09 35 58 |
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Tel: +33
(0)1 41 03 77 50 / +33 (0)6 45 45 19 67 |
etienne.bertrand@vallourec.com |
|
heloise.rothenbuhler@vallourec.com |
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Investor relations |
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Individual shareholder
relations |
Guilherme
Camara |
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Toll-Free Number: 0 800 505 110 |
Tel: +33
(0)1 49 09 39 92 |
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actionnaires@vallourec.com |
guilherme.camara@vallourec.com |
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Source: VALLOUREC via Globenewswire
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