TPT May 2008

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15 May 2008
Industry News
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The management of Maillefer SA,
Switzerland, has proceeded with a second
buy-out of the company with backing from
the Alpha Group. Prior to the deal, Maillefer
management was financed through private
equity from Argos Soditic.
The timing for the buy-out was opportune,
as Maillefer activities have been steadily
developing. Total sales in 2006, as
announced in early 2007, reached a record
exceeding €100 million. Though the figures
IIL celebrates 60 years of
service to the industry
International Industries Limited (IIL),
Pakistan, has recently celebrated its 60th
anniversary of recognized services to the
international steel processing industry.
This achievement follows on from success
in 2007 when the company conducted
business worth US$183 million, with exports
amounting to US$32 million.
Established in Karachi, the company has
demonstrated its commitment to being an
ethical and quality conscious company
since 1948. IIL currently claims to have the
highest production capacity of steel pipes in
Pakistan with over 300,000t capacity in a
25-acre production and storage facility.
After expansion projects undertaken in the
last 6 years, IIL is now operating with six
cold rolled tube mills, six hot rolled tube
mills, three hot rolled slitters, two cold
rolled slitters and four fully automatic hot
dipped galvanizing plants. Four Thermatool
welders, eight vacuum tube type welders,
eight cold saws and four friction saw NC
cutoffs ensure high quality tube production.
For galvanized iron (GI) pipes, the product
range varies from ½″ to 6″ and a thickness
range from 1.80-7.11mm. The company’s
capacity for these products is 150,000 tons/
annum.
IIL claims to be the only local private sector
company in Pakistan to have a cold rolling
mill. Products manufactured using this mill
include cold rolled tubes in a range from
12.70-60.30mm in round, 10-38mm2 in
square, 10x20mm to 32x62mm rectangular,
and 19x42mm to 24x56mm elliptical tubes
(thickness from 0.60-2mm). For these
products, the company has a manufacturing
capacity of 72,000t.
The company can meet a sizable amount
of local API demand with its range of
API pipe (2″, 4″ and 6″). All API pipes are
produced with inline seam annealing and
hydrotesting.
In 2006, IIL widened its portfolio of
products by installing two extrusion plants
for polyethylene pipes (PE). This product
range is 12-250mm, with a thickness range
of 1.80-30.50mm.
International Industries Limited (IIL) –
Pakistan
Fax: +92 021 5680373
Email:
Website:
for 2007 are not yet published, they are
clearly topping those of 2006.
The Alpha Group is an independent private
equity firm based in Europe. It manages
funds exceeding €1.7 billion. Maillefer looks
forward to expand activities into new growth
areas with the support of Alpha.
Maillefer SA – Switzerland
Fax: +41 21 691 2143
Website:
Maillefer SA gets backing from the Alpha Group