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VALLOUREC AND ULTRA CORPOTECH PVT LTD SIGN A MEMORANDUM OF UNDERSTANDING FOR THE DEPLOYMENT OF ITS VAM® THREADING CAPABILITIES IN INDIA
GlobeNewswire Inc.·
Vallourec has signed a Memorandum of Understanding with Ultra Corpotech Pvt Ltd to deploy its VAM® threading capabilities in India. The partnership aims to establish localized production of premium tubular solutions for Oilfield Services customers, with implementation planned for late 2026 and commissioning expected in early 2027. This reflects the broader shift of manufacturing activities from North America to the Eastern Hemisphere.
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