Complex Made Simple

Vallourec makes Zamil Pipes acquisition

Vallourec, a France-based tubular solutions manufacturer, has signed an agreement to acquire Saudi Seamless Pipes Factory Co (Zamil Pipes), the first processing company of seamless OCTG(1) in Saudi Arabia, Saudi Gazette has reported. Located in Dammam, Zamil Pipes is close to Vallourec's new VAM threading plant which is currently under construction and due to be commissioned in the second half of this year.