Vallourec launches its Open Innovation platform to create new partnerships with innovative companies
May 20 2019 - 9:00AM
Boulogne-Billancourt, on May 20th,
2019 - On May 6th, 2019, Vallourec launched its
Open Innovation Platform, a website designed to create new
partnerships to produce “augmented” pipes. To submit an
application, start-ups, labs and companies need to sign up via
https://openinnovationplatform.vallourec.com
An “augmented” pipe features new functionalities, in addition to
its main function of transporting fluids safely and providing a
structural component.
This year, Vallourec hopes to develop pipes with two new features
for:
- Enhancing the flow of fluids inside the pipes
- Conveying information and/or power via the pipes.
Solutions to these two challenges will be studied as a priority.
However, all proposed innovative solutions will be taken into
consideration.
Proposals submitted up to September 24th, 2019 will be
pre-selected. Candidates with pre-selected proposals will be
invited to present their project on October 24th. Decisions on the
final selection will be released at the end of November. The
collaborative workshops with the winning start-ups, labs and/or
companies will start around mid-January 2020.
“Through its new Open Innovation Platform, Vallourec is
demonstrating its commitment to developing regular partnerships
with agile, leading-edge companies on new technologies. We believe
that new technologies represent great opportunities. We would like
to combine them with our internal skills to offer differentiating
solutions for our customers and consolidate Vallourec’s leadership
over the long term”, says Sylvie Dubois-Decool, Group
Innovation Director.
New digital technologies, effective micro-sensors, quick surface
treatment, additive manufacturing and even new smart coatings all
provide opportunities to expand the features of the pipes to meet
our customers’ need to maximize the use and the profitability of
their projects.
The Open Innovation platform
(https://openinnovationplatform.vallourec.com) comes within the
scope of Vallourec’s initiatives in terms of open innovation.
Vallourec paved the way for open innovation several decades ago,
leading to the first VAM® connections developed through a
partnership. The open innovation strategy has been especially
strengthened for the past 3 years, through a partnership with
Saagie on big data developments in 2016, and open innovation
challenges organized in 2017, one in Brazil, the other
worldwide.
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 a sponsored Level 1 American
Depository Receipt (ADR) program (ISIN code: US92023R2094; Ticker:
VLOWY). Parity between ADR and a Vallourec ordinary share has been
set at 5:1.
vallourec.com
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For more information, please contact:
Investor relations
Jean-Marc Agabriel
Tel: +33 (0)1 49 09 39 77
investor.relations@vallourec.com
|
Press relations
Mathieu Carré
Tel.: +33 (0)1 41 03 78 71 / +33 (0)6 89 95 53 30
mathieu.carre@vallourec.com
|
Individual shareholder relations
Toll-Free Number: 0 800 505 110
actionnaires@vallourec.com
|
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