TPi May 2014

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business & market news
20 Tube Products International May 2014
Delivery of large titanium alloy tubes
Tool Peaks secured an order for 430 tons
of titanium seamless tubes in December
2012. The company’s wholly owned
subsidiary, titanium tube mill Xuyi Titan
and Materials Co, Ltd undertook the
production throughout 2013.
Among the order was 60,000 pieces of
titanium Grade 12 of 16m per length.
Titanium molybdenum nickel alloy tubes
were used to satisfy the strict anti-
corrosion requirements.
Xuyi Titan completed the delivery of this
huge titanium Gr 12 seamless tubes
order in January 2014.
“In order to maintain a good position we
have to put more effort into exploring
markets and reducing production costs,
but not at the cost of quality,” said
Ken Su, president of Tool Peaks and
Xuyi Titan. “We have diversified our
production structure towards a higher
level; more updated products fall into
our category, such as pipe fittings and
machined parts.”
Tool Peaks Industries Ltd – China
Metalube awarded ANP
licence to trade in Brazil
Metalube’s subsidiary in Brazil has
received regulatory approval from
Agência Nacional do Petróleo (ANP) for
all its lubricant products.
ANP is the Brazilian government agency
that issues licences for all chemical
products manufactured both inside
Brazil and also imported. The ANP
licence enables Metalube Brazil to
market products to end-user clients in
the non-ferrous tube and wire drawing
industries in Brazil.
General manager Ricardo Neves
manages the company’s Brazilian
operation, and has worked in the
lubricant industry for the past 15 years
with ITW Rocol in São Paulo state.
Commenting on the new licence,
Metalube’s commercial director,
Douglas Hunt, said, “We started our
application process for this licence over
a year ago and are thrilled to now be
able to launch and sell our products into
such an exciting market place. We will
be heavily focusing our efforts on Brazil
to enable the business to flourish and
develop.”
Metalube Ltd – UK
Molecor plans partnership in Malaysia
Spanish company Molecor Tecnologia
SL, a specialist in technology and
production of PVC pipes, has entered
into a memorandum of understanding
with Fitters Diversified Berhad, to
invest in creating Molecor (SEA)
Sdn Bhd, as part of its international
expansion strategy.
The joint venture combines the
molecular orientation technology
patented by Molecor and the reliability
of a firm with almost 30 years of
experience in Malaysia and the
Southeast Asia region.
Fitters is an investment and
manufacturing company established
in Malaysia in 1986. The company’s
main activities are in fire-safety
materials, equipment and fire-
prevention systems.
The company reported a strong profit
increase in 2013, which motivated
it to launch a new line of business
exclusively using molecular orientation
technology made by Molecor.
This commitment is realised with the
establishment of Molecor (SEA) Sdn
Bhd, of which Fitters is the major
shareholder.
“We’re clearly convinced about the
PVC-O pipe possibilities worldwide
and the entrance in the Asian
market with a reputed partner is a
new business venture model with a
promising future,” commented Ignacio
Muñoz, CEO and founder of Molecor
Tecnologia.
Molecor – Spain
Ricardo Neves, general manager of
Metalube’s Brazilian operation