EoW July 2007

20 / 120

EuroWire – July 2007 18
english corporate news
New Indian factory
for Niehoff
Maschinenfabrik Niehoff opened a new
plant in India at the beginning of February,
representing an investment of US$1.5m.
Located in a new industrial development
area near Hyderabad and boasting
production facilities spanning around
3,500m², the production area includes
a manufacturing shop for mechanical
components, a warehouse, a paint shop,
an assembly area, a test area, and a
showroom for machines and assemblies.
The need for the building and its modern
equipment arose when it became
apparent that the manufacturing
capacities of Niehoff of India (NoI)
– Niehoff’s Indian subsidiary – had to be
brought into line with the requirements of
the growing Indian market and to be able
to further expand NoI’s position as market
leader in India.
The country is also a strategic location
for the future of the Niehoff Group with a
view to extending business operations to
the surrounding countries, especially the
Asian markets.
NoI currently employs 43 staff and is
expecting sales figures approaching US$
6.6m (€5m) in the 2006/07 trading year.
Every year the Niehoff head office also
ships goods to the value of some US$1.3m
(€1m) direct to Indian customers.
Maschinenfabrik Niehoff GmbH & Co
KG – Germany
Fax: +49 912297 7155
Email:
Website :
The new Niehoff of India (NoI) factory ▲
Borouge, a provider of plastics solutions in the Middle East, Asia Pacific and Africa,
has announced that it is moving its Singapore marketing company headquarters
to a prestigious new location in the heart of the city, as of 2ndApril 2007.
The opening of the new, larger office reflects the continued growth of the
company’s production and sales activities in the region and the Middle East.
The marketing company’s annual turnover exceeded US$1 billion in 2006.
The high specification office, located in Singapore’s central business district, has
an area of 30,000ft2 – three times the size of the current office – and will eventually
house up to 75 employees.
The Singapore office provides leadership to its sales offices and distributor
network in 18 countries across Asia Pacific and the Middle East, as well as business
management, strategic development, human resource, customer service, regional
sales for Asia Pacific, technical service and finance support. The location was
chosen for its strategic geographic position, excellent infrastructure and strong
global trading links.
As part of the company’s strategic growth plans, the expansion of the Singapore
office will provide the staffing and infrastructure resources required to support
additional capacity coming online from Borouge 2, Borouge’s multi-billion dollar
expansion project at its production site in Ruwais, in Abu Dhabi, United Arab
Emirates.
This project is set to triple the company’s production capacity of polymers made
using Borstar® technology to 2 million tons per annum by 2010.
Borouge, through its parent company Borealis, has a history with Singapore which
spans 15 years. The company first opened its Singapore headquarters in 1998, in
Alexandra Technopark with around 10 staff. Today, the organisation has 55 staff,
representing more than 10 nationalities.
Borouge – Singapore Email: Website:
lBorouge plans for growth with new
lmarketing office in Singapore
Sale of Lati USA plant
Lati USA Inc has completed its North
American market reorganisation through
the sale of the facility located in Deming
Way, Summerville, South Carolina, to the
company Force ProtectionTechnologies Inc.
Lati USA will continue commercial activity
across the North American market,
distributing its materials from the plants
of its parent company based in northern
Italy. The new office will be located in
Mount Pleasant, South Carolina.
The company will focus its sales on
high range compounds: special and
high performance products. The new
strategy provides that the production
will be focussed on high performance
compounds, which Lati is developing
with intrinsically high performance resins,
based on PEEK, PPS, PSU, PES, PPSU,
PPA and PA12.
The special products of the Lati range
have particular features thanks to
formulations which allow exclusive
characteristics, such as antistatic or
electrical conductivity (Latistat/Latiohm),
electromagnetic shielding (Latishield),
thermal conductivity (Laticonther),
self-lubricating (Latilub), radio-opacity
(Latigray), outstanding surface finish
for structural materials (Latigloss), and
controlled density (Latimass).
Lati USA Inc – USA
Fax: +1 843 881 8352
Email:
Website :