Vallourec is launching its first "Open Innovation Challenge" on the theme of intelligent tubes.

Boulogne-Billancourt, 20 September 2017 - Vallourec is launching its first "OpenInnovation Challenge" on the theme of intelligent tubes.

"The Group is consciously embracing Open Innovationto exploit the opportunities allowed by new technologies and thus develop itsoffer," explains Director of Innovation SylvieDubois Decool.

"Intelligent" tubes could be designed to recordand transmit information during their lifecycle: either information about thefluids in contact with the tubes (flow rate, pressure or temperature) orrelated to changes in the tubes themselves (changes in thickness, or crackdetection).

Developments such as high-performance sensors, low datatransmission networks, big data, energy harvesting are innovative technologiesthat open up new opportunities for intelligent tubes.

This Open Innovation challenge enables Vallourec toidentify start-ups, laboratories and companies with expertise in thesedifferent technologies, and to work with selected companies to developsolutions adapted to the Group's markets.

It comes within the scope of Vallourec’s initiatives interms of open innovation.

"Through its Open Innovation Challenge, Vallourec isdemonstrating its commitment to developing win-win partnerships with agile,leading-edge companies on new technologies. Our goal is to anticipate and takeadvantage of new technologies to offer differentiating solutions for ourcustomers and consolidate Vallourec's leadership over the long term," says Sylvie Dubois Decool. 

How to apply

·       Signup is via the website here.

·       Applications can be submitted up to 3 November 2017.

·       They will then be pre-selected for presentation to the jury.

·       Pitches will be presented on 13 November 2017.

·       The selection committee will announce the names of the selected partners during the week of 20 November 2017.

·       The selected partners will work on their projects with Vallourec over a period of around six months.