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Vallourec opens Rio R&D center

Keywords: Tags  Vallourec, R&D, research and development, Rio de Janeiro, pipe, Petrobras

NEW YORK — Vallourec SA has opened a new research and development center in Rio de Janeiro that will be fully operational in October.

"The Rio center will focus on all pre-salt activities of the group, with the support of Vallourec’s research center in Belo Horizonte which was recently expanded as well," the Boulogne-Billancourt, France-based company said.

The pipe and tube maker said it spent €93 million ($119.5 million) on research and development in 2012.

The new center is located next to a research facility for Brazilian oil producer Petrobras, with which Vallourec has a long-term pipe supply agreement (, Jan. 9).

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