vallourec 2006 first half results 13 september presentation of the group 3 an integrated pure player highly technical products one core business seamless steel tubes own production around 90 requirements a good balance between two processes pig iron process scrap 42 58 4 presence in growth sectors 2 717 5502 500 204 376 038 307 2000 2001 2002 2003 2004 2005 h1 sales m oil demand over next 10 years energy total & gas power generation 34 6 64 1 7 per year source eia information administration electricity 25 5 iea international agencysource leader with dominance high value added 20 premium within octg market vam share 40 increasingly critical applications demanding economical and environmental needs s almost 2x
