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Vallourec and Vinci Immobilier Announce the Signing of a Sale Agreement for the Déville-Lès-Rouen Site
Vallourec and Vinci Immobilier Announce the Signing of a Sale Agreement for the Déville-Lès-Rouen Site

Yahoo

time18 hours ago

  • Business
  • Yahoo

Vallourec and Vinci Immobilier Announce the Signing of a Sale Agreement for the Déville-Lès-Rouen Site

Press release VALLOUREC AND VINCI IMMOBILIER ANNOUNCE THE SIGNING OF A SALE AGREEMENT FOR THE DÉVILLE-LÈS-ROUEN SITE Meudon (France), July 22, 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces that it has reached a significant milestone in the selling process for its Déville-lès-Rouen (76) site. On Friday, July 11, 2025, Vallourec and VINCI Immobilier signed an exclusive sale agreement for the transfer of this site. Since 2023, Vallourec Group has undertaken a major decontamination and rehabilitation process of its Déville-lès-Rouen site, thus honoring its commitments to elected officials and administrations. The Group subsequently launched a call for tenders in September 2024 to oversee the sale of the site. Following a highly competitive application phase, Vallourec entered exclusive negotiations in March 2025 with VINCI Immobilier, whose proposal best met the Group's expectations and aligned with the regional priorities expressed by local officials. Since then, VINCI Immobilier has been able to refine its project and present it not only to Vallourec, the seller of the site, but also to local institutional stakeholders concerned with the economic development of the municipality and the Rouen metropolitan area. The project led by VINCI Immobilier aligns well with the history and stakeholders' desires for the future development of the site. VINCI Immobilier's project is part of an economic revitalization initiative, transforming the Déville-lès-Rouen site into an attractive business hub designed to offer diverse employment opportunities and spaces suited to the needs of local businesses. It is set to become a true engine of economic and social development. VINCI Immobilier will provide turnkey buildings for local companies and industrial firms, enabling ultimately the creation of 300 jobs. Furthermore, in collaboration with the municipality and the Métropole Rouen Normandie, part of the site will be rewilded, and 25% of the area will be developed into green spaces, particularly around the Cailly River, which will be restored to its natural state as part of the project. In addition, the disused railroad line will be offered to the Métropole Rouen Normandie as part of the future Cailly urban walkway. Following this agreement, Vallourec Group and VINCI Immobilier will continue the necessary regulatory steps for the final transfer of the site, expected in 2026. About Vallourec Vallourec is a world leader in premium seamless tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting-edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible. Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service. In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1. About VINCI Immobilier A subsidiary of the VINCI Group, VINCI Immobilier is a comprehensive real estate operator engaged in three complementary activities: property development, the operation of managed residences (OVELIA senior residences, STUDENT FACTORY student housing, and BIKUBE coliving spaces), and real estate services. Present throughout the country, VINCI Immobilier is a key player in both residential and commercial property development, serving individuals as well as institutional clients. With a multi-product offering and expertise in delivering large-scale, complex projects, VINCI Immobilier also supports local authorities in their urban planning initiatives and contributes to the development, design, and transformation of urban areas. As a comprehensive developer — a partner, creative force, and responsible corporate citizen — VINCI Immobilier is committed to achieving zero net land take (ZAN) by 2030 and to generating 50% of its revenue in 2030 through urban recycling. With a deep understanding of local specificities and the evolving expectations of its stakeholders, VINCI Immobilier is reinventing its approach to help shape a more inclusive, attractive, and sustainable city. For further information, please contact: Investor relations:Connor LynaghTel : +1 (713) Individual shareholders:Toll Free number (From France):0 805 65 10 10actionnaires@ Press relations: Taddeo Romain GrièreTel : +33 (0)7 86 53 17 29 Nicolas EscoulanTel : +33 (0)6 42 19 14 74 Press relations- VINCI Immobilier: Caroline MaureyTél : +33 (0)6 69 95 06 Attachment Vallourec_Press Release_Sale Agreement for the Deville-les-Rouen SiteSign in to access your portfolio

Low-level radioactive soil in Fukushima arrives at PM's office grounds for reuse
Low-level radioactive soil in Fukushima arrives at PM's office grounds for reuse

NHK

time4 days ago

  • Politics
  • NHK

Low-level radioactive soil in Fukushima arrives at PM's office grounds for reuse

The first batch of soil removed for decontamination after the 2011 nuclear accident at the Fukushima Daiichi plant has arrived at the grounds of the Prime Minister's Office in Tokyo for the first reuse in the country. Bags of soil were unloaded from a 10-ton truck onto the front yard of the office on Saturday morning. The soil had been stored at an intermediate storage facility in Fukushima Prefecture. By law, soil removed during decontamination work in Fukushima Prefecture shall be disposed outside the prefecture by 2045 after an interim storage. The government plans to use low-level radioactive soil for public works and other projects to reduce the volume for final disposal as much as possible. This is the first case of reuse in the nation except of the use in a demonstrative project in Fukushima Prefecture. Two cubic meters of soil will be buried at the depth of 60 centimeters in the front yard. It will be overlaid by a layer of regular soil that is at least 20 centimeters thick. The work is to take two days through Sunday. As of March this year, 14-million cubic meters of soil was stored at the interim storage facility. The government standard for reuse sets a limit of 8,000 becquerels of radioactive cesium per kilogram of soil. The limit was set so that additional radiation doses to workers and residents near the soil will not exceed 1 millisievert per year, the international standard for the allowable dose to the public. The radioactive cesium concentration in the soil being buried is 6,400 becquerels per kilogram, within the government's reuse standard. The Environment Ministry will measure radioactive levels around the yard once a week or so and publish them on its official website. Ministry officials say they hope the first case of reuse will help enhance public acceptance of the removed soil.

Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety
Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety

Arab News

time4 days ago

  • Politics
  • Arab News

Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety

TOKYO: Decontaminated but slightly radioactive soil from Fukushima was delivered Saturday to the Japanese prime minister's office to be reused in an effort to showcase its safety. This is the first soil to be used, aside from experiments, since the 2011 nuclear disaster when the Fukushima Daiichi nuclear power plant suffered a cataclysmic meltdown following an earthquake and tsunami that left large amounts of radioactive materials spewing out from the facility, polluting surrounding areas. The government is desperate to set people's minds at ease about recycling the 14 million cubic meters of decontaminated soil, enough to fill 11 baseball stadiums, collected after massive clean-ups and stored at a sprawling outdoor facility near the Fukushima plant. Officials have pledged to find final disposal sites by 2045. The Environment Ministry said the 2 cubic meters, now at Prime Minister Shigeru Ishiba's office complex in Tokyo, will be used as foundation material in one section of the lawn garden, based on the ministry's safety guidelines endorsed by the International Atomic Energy Agency. The soil does not include any from inside the plant. Despite assurances, there has been much public unease. The government has already been forced to scrap a plan to experiment using some of the soil in flower beds at several public parks in and around Tokyo following protests.

Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety
Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety

Yahoo

time4 days ago

  • Politics
  • Yahoo

Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety

Japan Fukushima Soil TOKYO (AP) — Decontaminated but slightly radioactive soil from Fukushima was delivered Saturday to the Japanese prime minister's office to be reused in an effort to showcase its safety. This is the first soil to be used, aside from experiments, since the 2011 nuclear disaster when the Fukushima Daiichi nuclear power plant suffered a cataclysmic meltdown following an earthquake and tsunami that left large amounts of radioactive materials spewing out from the facility, polluting surrounding areas. The government is desperate to set people's minds at ease about recycling the 14 million cubic meters of decontaminated soil, enough to fill 11 baseball stadiums, collected after massive clean-ups and stored at a sprawling outdoor facility near the Fukushima plant. Officials have pledged to find final disposal sites outside of Fukushima by 2045. The Environment Ministry said the 2 cubic meters, now at Prime Minister Shigeru Ishiba's office complex in Tokyo, will be used as foundation material in one section of the lawn garden, based on the ministry's safety guidelines endorsed by the International Atomic Energy Agency. The soil does not include any from inside the plant. Despite assurances, there has been much public unease. The government has already been forced to scrap a plan to experiment using some of the soil in flower beds at several public parks in and around Tokyo following protests. Solve the daily Crossword

Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety
Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety

Washington Post

time4 days ago

  • Politics
  • Washington Post

Slightly radioactive Fukushima soil is used at Japanese prime minister's office to prove safety

TOKYO — Decontaminated but slightly radioactive soil from Fukushima was delivered Saturday to the Japanese prime minister's office to be reused in an effort to showcase its safety. This is the first soil to be used, aside from experiments, since the 2011 nuclear disaster when the Fukushima Daiichi nuclear power plant suffered a cataclysmic meltdown following an earthquake and tsunami that left large amounts of radioactive materials spewing out from the facility, polluting surrounding areas. The government is desperate to set people's minds at ease about recycling the 14 million cubic meters of decontaminated soil, enough to fill 11 baseball stadiums, collected after massive clean-ups and stored at a sprawling outdoor facility near the Fukushima plant. Officials have pledged to find final disposal sites outside of Fukushima by 2045. The Environment Ministry said the 2 cubic meters, now at Prime Minister Shigeru Ishiba's office complex in Tokyo, will be used as foundation material in one section of the lawn garden, based on the ministry's safety guidelines endorsed by the International Atomic Energy Agency . The soil does not include any from inside the plant. Despite assurances, there has been much public unease. The government has already been forced to scrap a plan to experiment using some of the soil in flower beds at several public parks in and around Tokyo following protests.

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