Vallourec Aims 10-15% EBITDA via Geothermal

Vallourec’s Geothermal Strategy for 2030

Vallourec SA (EPA:VLLP), a French steel pipe manufacturer, said that geothermal energy is expected to become the largest contributor to its New Energies portfolio as part of its 2030 ambition. The company reaffirmed its target of generating between 10 % and 15 % of EBITDA from New Energies activities by the end of 2030. Vallourec projects that the addressable market for its geothermal‑related products will approach 400,000 tonnes by 2030. The announcement was published on 15 June 2026.