Below is the information acquired on VALLOUREC TUBES, which is not yet included in our research perimeter.

To request an evaluation of this company and its inclusion in the OpenCorporation Ranking or if you have additional, different and more updated data than what is published in this OpenCorporation company card, please write to info@opencorporation.org so that our team may take it in account.

Last update 31 March 2022

Description of economic activities

Activities of head offices (NACE2 7010)

The company is the world market leader in the manufacture of seamless hot rolled steel tubes for all applications. The company supplies the world's largest and most comprehensive range of seamless steel tube sizes and has an annual output of up to three million tonnes. Its corporate headquarters is located in Boulogne Billancourt, France.The company was founded in October 1997 as a joint venture between the French Vallourec Group (55 percent of shares) and the German Mannesmannrahren-Werke AG (45 percent of shares) joining together all their production units and marketing interests for seamless hot rolled tubes and threaded oilfield tubulars (OCTG).Seamless hot-rolled steel tubes from the company have a wide range of applications in its modern world. These are the main industrial branches which require different tube and pipe products suited to their special applications: Oil and Gas Industry, Petrochemical Industries, Power Generation, Mechanical Engineering, Automotive Industry, Construction and Civil Engineering, Mining Industry, and Hollows.It has steel production capacities of its own in Saint-Saulve (France), Duisburg-Huckingen (20 percent shares in HKM, Germany), Belo Horizonte (Brazil) and in Youngstown (Ohio). With this independence, the company is not only in a position to offer short delivery times but also to produce hundreds of different steel grades matched to the individual demands of the tube and pipe customers.The company operates production sites in Europe, Brazil, the USA and China. It also has representative offices in Germany, the United Kingdom, Italy, the USA, Brazil, China, Canada, Mexico, Indonesia, Singapore, Vietnam, Malaysia and Russia.
  • VALLOUREC TUBES

  • France (FR)
  • Company type: Corporate
  • Parent company: VALLOUREC
  • Chief Executive Officer (CEO): Mr Edouard Frederic Guinotte
  • CEO Total remuneration: N/A
  • Website: www.vmtubes.com

Financial data

Number of employees

N/A
237
N/A
213

Revenue 1

N/A
84
90
72

EBIT 1

N/A
-21
-17
-24

EBITDA 1

N/A
-19
-16
-21

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines:
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC:
  • D. 89/391/EEC:
  • D. 98/59/EC:
  • D. 2000/43/EC:
  • D. 2000/78/EC:
  • D. 2001/23/EC:
  • Council D. 2001/86/EC:
  • D. 2002/14/EC:
  • D. 2002/73/EC:
  • Council D. 2003/72/EC:
  • EP and Council D. 2005/56/EC:
  • D. 2009/38/EC:
  • D. 2004/25/EC:
  • D. 2011/35/EU:

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions