Interpipe and Vallourec announced joint project

21 April 2018

Interpipe, producer of seamless pipes and forged railway wheels, and Vallourec, world leader in premium tubular solutions, announce their intention to start a partnership to produce in cooperation non-OCTG carbon seamless tubes for the European market.

These products, mostly for mechanical, line pipe and process applications, will be produced by Interpipe before being conditioned and controlled in a finishing line to be implemented in one of Interpipe’s mills located in Nikopol city in Ukraine and managed by Vallourec. The facility will be created as a part of joint venture between Interpipe and Vallourec.

The start of production is planned for autumn 2018. These tubes will be commercialized by Vallourec in Europe.

As a reminder Interpipe belongs to TOP-10 largest global seamless pipes producer and TOP-3 railcar wheels producers. In Y2017 total pipes and wheels sales volume of the company made 767k tons.

Main page

Popular on site:
Interpipe - fighting for survival

Company Price, USD Market Cap Change,%
MHP
Kernel
Ferrexpo
Astarta
Ovostar

Type Price Weekly change,% Annual change,%
Corn CBOT
Wheat CBOT
Iron Ore
Crude Oil

Currency Rate Weekly change,% Annual change,%
USD/UAH
EUR/USD
USD/RUR