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Vallourec Inaugurates Vallourec & Sumitomo Tubos do Brasil

Vallourec inaugurated its new Brazilian steel and tube plant at a ceremony attended by Dilma Rousseff, President of Brazil, and Antonio Anastasia, Governor of the Sate of Minas Gerais. Production is in the start-up phase.
 
Created under a joint-venture agreement with Sumitomo Metals of Japan, Vallourec & Sumitomo Tubos do Brasil (VSB) is 56% owned by Vallourec and 44% owned by Sumitomo Metals and Sumitomo Corp. This project, launched in 2007, is in line with the company’s strategy of international growth, supported by Jean-Paul Parayre, Chairman of the Supervisory Board since 2000. Construction of the new plant began in 2008.
 
VSB is located in Jeceaba, in the state of Minas Gerais, close to Vallourec’s other Brazilian entities. It is an integrated plant, producing steel billets and seamless steel tubes, which benefits from direct access to raw materials provided by two Vallourec subsidiaries, one specializing in iron ore extraction and the other in charcoal production.
 
The manufacturing complex will have two blast furnaces and an electric furnace, a premium tube-making facility and heat treatment, threading and finishing lines. It will employ a workforce of 1600 and have an annual production capacity of 1 million tonnes of steel (of which 300,000 tonnes will be for Vallourec’s own, non-VSB requirements), and 600,000 tonnes of tubes, of which 300,000 tonnes are for Vallourec. The plant will boost the Group’s tube production capacity by over 10% and will serve international oil and gas markets, notably in West Africa.
 
According to Vallourec, from the outset the VSB plant has been designed to minimize its environmental impact, both in terms of its carbon footprint and the protection and preservation of flora, fauna, and natural resources.
 
Vallourec is a world leader in premium tubular solutions primarily serving the energy markets, as well as other industrial applications. With more than 20,000 employees, integrated manufacturing facilities, advanced R&D, and presence in more than 20 countries, Vallourec offers its customers innovative global solutions to meet the growing energy challenges of the 21st century.