Vallourec Solucoes Tubulares do Brasil SA

Vallourec Soluções Tubulares do Brasil (VSB), established in October 2016, is the result of the merging between Vallourec Tubos do Brasil (VBR) and Vallourec & Sumitomo Tubos do Brasil (VSB). Vallourec's interest in the new company is 84.6%, while Nippon Steel & Sumitomo Metal Corporation (NSSMC) holds 15% and Sumitomo Corporation holds 0.4%. The company has two plants for the production of seamless steel pipes, one in Belo Horizonte (MG) in the district of Barreiro, and the other in Jeceaba (MG). Barreiro's Plant is one of the most well-equipped steel complexes in the international market, with capacity to produce approximately 550 thousand tons of tubes a year, meeting the needs of the oil, manufacturing, automotive, energy and civil construction industries. Jeceaba's Plant is one of the most modern steel plants in the world, with capacity to produce 600 thousand tons of seamless steel pipes, exclusively for the oil and gas industry. The seamless steel pipes produced by Vallourec Soluções Tubulares do Brasil supply the national and international market and undergo strict assessment systems, ensuring the high quality of products. In addition to the Plants in Barreiro and Jeceaba, Vallourec holds the control of the Florestal (Forest) and Mineração (Mining) units, which ensures the supply chain integration with strategic advantages for the company, in terms of raw materials, while supplying charcoal and iron ore, two of the main inputs for the manufacture of steel in the Plants of Barreiro and Jeceaba. Mission: To be recognized as a Premium tubular solutions provider trough industrial excellence, cutting edge technology, sustainable management and cultural diversity, ensuring a highly competitive position in Brazilian and International markets. Vision: Be recognized in the market and in society for its sustainable management and as the best option in tubular solutions. Integrated Management System Policy: - Maintain leadership in the markets it operates based on customers confidence in our quality, delivery and price. - Practice an ethical and socially responsible management. - Promote health and safety work. - Preserve and protect the environment, preventing pollution. - Identify, evaluate and control occupation hazards and environmental impacts. - Support and improve energy performance. - Comply with applicable laws and regulations. - Continuously improve the performance and effectiveness of its Integrated Management System. Administrative Board Council: The highest governing body of Vallourec is the Administrative Board. It is made up by 7 executives from the Vallourec group. The main attributions of the board are to define the course of the business, to spearhead the making of the strategic plan and define the acquisition of assets among other. - Alexandre de Campos Lyra (Chairman)- - Jean-Pierre Robert Luc Michel - Olivier Mallet - Philippe Crouzet - Pierre Frentzel - Jean-Yves le Cuziat - Didier Hornet Board: The board of directors is made up of hired professional who follow-up on the current management of the business and are responsible for the performance of the areas. - Alexandre de Campos Lyra (CEO) - Manfred Ernst Leyerer (CFO) Statistics: - Productive capacity: 550 thousand tons of tubes yearly, considering current mix of products - Direct staff (31.12.2013): 4.268 employees Products and services: Vallourec supplies to the sectors of Oil and Gas, Energy, Industrial, Civil Construction and Automotive.