Vallourec and PSI extend Worldwide Master Supply Agreement (MSA)

PSI Metals has signed a Master Supply Agreement (MSA) with Vallourec, defining the governance of the close cooperation with respect to production management solutions based on PSImetals.

The industry standard for production planning and control PSImetals has already been implemented successfully in numerous Vallourec business units and plants.

The new MSA allows the use of PSImetals in all Vallourec facilities worldwide as its Manufacturing Execution System (MES) up to 2022. It forms the base for current projects such as the rolling out of PSImetals in all plants in Brazil, Germany and France.

"We are pleased to continue our collaboration with PSI as our longstanding and innovative partner. As a leading provider of premium tube solutions, we are convinced that together we can contribute to major improvements in productivity and quality," stressed Dr. Barthélémy Longueville, CIO/CDO at Vallourec.

The first MSA has been signed for Europe, Middle East and Asia in 2007. Since, PSImetals has been successfully implemented at Vallourec plants in the Middle East, China and the UK.

Vallourec is a world leader in premium tubular solutions for energy markets and demanding industrial applications such as oil and gas wells in challenging environments, the latest generation of power plants, sophisticated architectural projects, and powerful machinery and equipment.

Based on its own software products, PSI Group develops and integrates complete solutions for optimizing the flow of energy and materials for utilities (energy networks, energy trading, public transport) and industry (mining, metals production, automotive, mechanical engineering, logistics). PSI was founded in 1969 and employs more than 1,700 people worldwide.

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