Vallourec launches the third edition of its ‘Open Innovation Challenge’, dedicated to finding solutions to help its customers reduce their carbon footprint. This initiative is open worldwide to start-ups, laboratories and companies that can offer and develop such solutions adapted to the group's markets. A number of proposals have already been submitted in just a few weeks.
“For several years now, Vallourec has been integrating Open Innovation into its strategy in order to forge partnerships in new domains to strengthen its offer and continue to serve its customers better,” explains Innovation Director Sylvie Dubois-Decool.
Vallourec has already initiated win-win partnerships, as demonstrated by its four year Big Data co-operation with Saagie. The group has also developed, in collaboration with a start-up specialised in sensors, tubes capable of measuring and recording the parameters of areas that are difficult to access. In addition, promising projects are underway to develop new functions for our tubes, including the ability to transmit data. Lastly, the group is also working with start-ups in the Additive Manufacturing field.
This year, the challenge is focused on finding solutions to reduce our customers’ carbon emissions. This issue is a key one for the group, which has been pursuing a proactive policy of reducing its CO2 emissions for more than ten years and already has several low-carbon solutions thanks to the production processes implemented in its steel mills.
Proposals submitted before 13 October 2020 will be pre-selected. The four best pre-selected proposals will be invited to present their project to a jury at a pitching session on 27 October 2020. The selected projects will be announced in mid-November, after which the partnerships with the selected start-ups, laboratories and companies will start.
How to apply
Applications can be submitted up to 13 October 2020
- They will then be pre-selected for presentation to the jury
- Presentations will be held on 27 October 2020.
- The selection committee will announce the names of the selected partners during the week of 16 November.
- Selected partners will collaborate on their project with Vallourec throughout the development process.
Read the article online at: https://www.worldpipelines.com/business-news/17092020/vallourec-launches-the-third-edition-of-its-open-innovation-challenge/