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108

S

eptember

2011

www.read-tpt.com

G

lobal

M

arketplace

Our product lines:

Forming machines of butt-weld pipe fitting.

Beveling machines for pipe fittings.

Pipe end beveling machine for

Prefabricated pipe plant.

Pipe fittings for fire protection,

petro-chemical &pulp industry, etc.

Auto threading m/c for socket &nipple.

Transfer machine & special purpose m/e.

HAN SUM ENTERPRISE CO.LTD.

Factory: No.17, Shyr Jian St., Ert Chen, Kuan-Tien Ind.

Zone Tainan-Hsien, Taiwan, R.O.C.

Tel:886-6-6986411~2 Fax:886-6-6983830

Website:http

:/

/www.hansum.com.tw

E-mail

:bevlform@ms23.hinet.net

NIPPLE

SUS & A234

SOCKET

BHP Billiton started pumping oil from its first new well in the

Gulf since the Obama administration lifted the deepwater drilling

ban. The Australian natural resources group also said it had begun

begun drilling a second well;

Exxon Mobil Corp, the largest US oil group, reported three

discoveries – one of them among the biggest in the Gulf in the

past decade – after drilling its first deepwater exploration well since

the BP spill.

Automotive

A big name, Volkswagen, makes a big

difference to a small city in China

A long-time Beijing resident, Jack Perkowski, recently has been

using his blog “The China Factor,” in

Forbes

, to call attention to the

potential of some smaller Chinese cities as factory sites.

In his conviction that the rising costs of manufacturing in China

should not drive foreign companies from the country, but only farther

inland, he devoted his 6 June post to “China’s Tier 2 and Tier 3

Cities.”

Himself a former auto parts supplier, Mr Perkowski considered in

particular Yizheng, a Jiangsu Province city just a 90-minute drive

from the Nanjing airport.

For setting up a factory, Yizheng – where in 1995 Mr Perkowski

completed a piston ring joint venture – is held to offer important

advantages over Tier 1 cities like Beijing and Shanghai with their

very high wages, rents and other costs. To judge from the scope and

ambition of its plans, Germany’s largest auto maker, Volkswagen

AG, is similarly impressed by Yizheng, where in July 2010 Shanghai

VW agreed to locate a new assembly plant.

Mr Perkowski supplied some background. Volkswagen already has

a considerable presence in China, where Shanghai VW currently

operates three plants in Shanghai and one in Nanjing. With sales

of just over a million vehicles in 2010, Shanghai VW was in a virtual

tie with Shanghai GM – a unit of General Motors, of the US – to be

known as China’s largest assembler of passenger cars.

Shanghai VW’s plant in Yizheng is under construction, with

completion slated for the second half of 2012. To accommodate VW

and the 30 components suppliers who already have signed up for

sites, the city fathers almost doubled the size of the zone set aside

for the auto industry from 7.72 to 15 square miles. The zone is to be

further expanded beyond manufacturing to include commercial and

residential facilities.

Phase I of the Yizheng project, which may ultimately exceed all

three of VW’s Shanghai locations in capacity, will produce 300,000

vehicles (the Santana NF and Skoda) per year; Phase II will

raise production by another 300,000 cars. In addition, Shanghai

Automotive Industry Corp (SAIC), a Volkswagen partner, may build

120,000 units per year of its first-ever branded car (the Roewe)

near the main site.