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Back to news 2019-06-18


Ramp up of the joint venture Vallourec Niko Tube Ukraine’s operations now completed


Vallourec Niko Tube Ukraine (VNTU) is the joint venture created by Vallourec and Interpipe in the frame of the partnership announced in April 2018 to produce in cooperation carbon seamless tubes for the European market.
 
The VNTU’s facilities, located in Ukraine, are composed of two finishing lines in the tube rolling mills No. 2 and No. 7 of Interpipe Niko Tube plant. VNTU performs various operations including steel grade control, visual inspection, length measuring, weighing, marking and stamping, UV-varnishing, bundling, delivery of products. The joint venture’s product portfolio includes non-OCTG carbon tubes for mechanical, line pipe and process applications.

Within the partnership, Interpipe is responsible for the production and delivery of products to customers, whereas Vallourec is in charge of quality control and inspection before shipment as well as the negotiations with customers and sales.

The tubes are produced in Ukraine in rolling facilities of Interpipe Niko Tube and Interpipe NTRP. At the same time, finishing and quality control on the finishing lines are performed by VNTU. The products are sold on the European market under Vallourec brand. In November 2018, the joint venture processed and shipped its first pipe order.

Besides the joint venture pipe operations, Interpipe also process tubes with the finishing line in the tube rolling mills No. 2 of Interpipe Niko Tube to supply its customers from America and the Middle East.

Michael Diekenbrock has been appointed as joint venture Managing Director and Yevgeny Dmitrenko acts as Production Director. The joint venture staff includes 122 production personnel. Some of these employees already completed training at Vallourec facilities in Düsseldorf and Mülheim in Germany.



Denis Morozov, Interpipe Chief Financial Officer:
“For Interpipe, a joint project with Vallourec is a step forward in strengthening technical expertise and cooperation, reaching a new level in terms of product quality and increasing production volumes.”
 
This partnership enables Interpipe to increase its production volumes, improve quality and service levels and strengthen its global position on the European market. In addition, Interpipe will benefit from additional technical expertise from one of the world largest pipe manufacturers. Interpipe Niko Tube locally receives a new industrial equipment, additional jobs and world-class production level.

For Vallourec it means complementing its European solutions portfolio.
 
About the company:
Interpipe is global producer of steel pipes and railway wheels, based in Ukraine. The company’s products are marketed in more than 80 countries all around the world via the network of sales offices located in key markets of Ukraine, Europe, North America and the Middle East. In 2018, Interpipe supplied 857 kt of finished goods, including 189 kt of railway products.
 
Interpipe has 12 thousand people working at the company’s facilities. During 2018 the Company transferred UAH 2.17bln in taxes to budgets of all levels and extra-budgetary funds.
 
Contacts for the mass media:
Andrey Pisarevskiy
Press Officer
Phone: +380 44 233 66 53
Cell: +380 67 952 17 62
Andrey.Pisarevskiy@m.interpipe.biz
www.interpipe.biz


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