Vallourec will provide tubular solutions for the state-owned company and will take a giant leap forward in its business in Brazil in the pre-salt area
Being one of the great companies in the field of tubular solutions, Vallourec is now laughing for nothing with a contract it won with Petrobras to supply products in its category with a focus on the Brazilian pre-salt. She had already set up a factory in the state of Minas Gerais and had been supplying other companies, but she ended up seeing the potential that the Brazilian oil market had, participated in some competitions and now there are the fruits of her work. It has been exporting a lot of everything that is produced on Brazilian soil abroad, but according to the Vallourec executive, Hildeu Dellaretti, the focus will be on the country itself from now on.
In fact, this contract entered into with Petrobras is an extension of another that already existed previously, it decided to face the technological challenges of producing products to work under the layer of salt and work in extreme conditions of temperature and pressure, it accepted the challenge, Petrobras got the message and ended up giving the vote of confidence to Vallourec, now it is one of the giants in Brazilian territory in its modality.
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Nowadays, it supplies tubular products from its premium line to almost all offshore operators in Brazil, but it also has a strong presence in the civil construction, shipbuilding, structural, light machinery, automotive, agricultural machinery and now pre-salt solutions sectors. . Dellaretti claims that Brazil is now a major business hub, mainly in the supply of tubes for thermoelectric and petrochemical plants and other onshore interconnection needs.
The fact is that Vallourec like other multinational companies, are seeing in Brazil a very promising and lucrative market, facilitated by the new local content rules, many are complaining that we have the “delivery syndrome”, but is it really so bad to let other companies do what we are not capable of in order to recover our economic stability?