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5 stories mentioning VK.PAUpdated 14d ago

Every FINWIRES story that references VK.PA, newest first.

Equities

Vallourec Partners with Ultra Corpotech to Distribute VAM Products in India

Vallourec (VK.PA) said Tuesday it is collaborating with Ultra Corpotech to improve the distribution of its VAM products, particularly in India.The partnership is outlined in a memorandum of understanding that is planned to be implemented in late 2026 and commissioned in early 2027. The deal is expected to facilitate the establishment of local production for VAM products in India, the French steel tubes manufacturer noted.

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Equities

Vallourec, Syngular Solutions to Develop Bioenergy Carbon Capture, Storage Projects in Brazil

Vallourec (VK.PA) said Friday it will collaborate with engineering and consulting company Syngular Solutions on carbon capture and geological storage projects in Brazil.The French energy pipelines company said Friday that the memorandum of understanding will involve developing bioenergy with carbon capture and storage, as well as carbon capture, utilization, and storage initiatives.Vallourec noted that the agreement aims to boost its footprint in the new energy market through partnerships.

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Equities

Vallourec Receives Line Pipe Orders from ExxonMobil Guyana

French tubular products manufacturer Vallourec (VK.PA) won two new line pipe orders from ExxonMobil Guyana.The orders comprise a combined supply of more than 145 kilometers of coated line pipe for ExxonMobil Guyana's deepwater Hammerhead and Longtail projects, according to a Wednesday release. The orders were placed under a long-term deal signed in 2021.

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Research

AlphaValue/Baader Europe Downgrades Vallourec to Reduce, Lifts PT

AlphaValue/Baader Europe on Tuesday lowered French steel tubes manufacturer Vallourec (VK.PA) to reduce from add, while increasing its price target to 27 euros from 25.70 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Equities

Fitch Confirms Vallourec's Rating Amid Strong Market Position; Outlook Stable

Fitch on Thursday affirmed Vallourec's (VK.PA) BBB- long-term issuer default rating with a stable outlook.The French steel tubes manufacturer's ratings mirror its conservative financial policy, key production hubs and value-enhancing strategy, among others.The action also incorporates the company's strong position in the seamless tubes market, focus on value over volume, ongoing cost reduction and footprint optimization measures.

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