EoW January 2010

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EuroWire – January 2010 13
corporatenews
Kiswire is to open a new production ▼ ▼
facility for wire rope
New premises and
capacity for Kiswire
Kiswire is building a new plant for the
production of very large wire ropes for
offshore and mining applications. The
Neptune 2 plant is located in Tanjung
Langsat, on the east coast of Johor,
Malaysia and will be operational in the
summer of 2011.
The equipment installed is capable
of manufacturing wire rope units up
to 600 metric tonnes in non-rotating,
multi-strand constructions. The output
capacity of Neptune 2 will be 25,000
metric tonnes per annum, in addition to
the existing Neptune 1 plant output of
25,000 metric tonnes each year.
With this investment Kiswire plans to
service even the most extreme wire
rope needs of the offshore and mining
market.
Kiswire Ltd – Korea
Fax: +82 2753 5323
Website :
UK wire products
industry review 2009
Plimsoll has published a review of the
UK wire products industry, reflecting
on the last twelve months and
looking forward to the challenges and
opportunities of 2010.
The report claims that some 49 com-
panies in the market are finishing the
year in financial difficulty. However,
among the gloom there have been
some outstanding performers.
David Pattison, author of the review,
says, “A number of companies have
managed to improve their performance
in the last year. They are part of a
band of 101 companies that prove
success can still be achieved in the
wire products industry despite difficult
trading conditions.”
Summing up, the new 2010 edition of
the Plimsoll Industry Analysis shows
a buffeted market emerging from
recession with a third of companies
making a loss and one in three
companies in financial difficulty.
Pattison adds, “If you are going to make
a success of 2010, you need to learn the
lesson of 2009.”
Plimsoll Publishing Ltd – UK
Fax: +44 1642 626410
Email:
Website :