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Stock impact report

VALLOUREC AND ASMO SIGN A STRATEGIC PARTNERSHIP [Yahoo! Finance]

VALLOUREC SA SP/ADR (VLOWY) 
Company Research Source: Yahoo! Finance
Incorporated in 2024, ASMO will deliver a comprehensive range of end-to-end supply chain services, including sourcing, procurement, inventory management, logistics, warehousing, and a Business-to-Business e-marketplace. Focused on leveraging cutting-edge technology and driving digitalization, ASMO aims to transform supply chain management operations and create value for companies across the region. Being over the first companies to sign such an MOU with ASMO demonstrates that Vallourec is identified as a key partner in the Oil and Gas industry in Saudi. It also positions Vallourec at the forefront of a new leading supply chain service provider that will create value for companies in the energy, chemical, and industrial sectors in the MENA region. Laurent Dubedout, Senior Vice President of OCTG, Services and Accessories and Executive Committee member at Vallourec, declared: “ Vallourec is honored to be selected among the very first partners of ASMO. This testifies to the trust and Show less Read more
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