January 2011 Tube Products International
9
news
business & market
Hannibal Pipe Solutions SA has
announced that Byard Spiral Mill has
finalised a 15% share capital investment
in Hannibal Pipes SA (previously fully
owned by Hannibal Pipe Solutions SA).
Hannibal Pipes’ first phase investment
is equal to €10mn, and Byard Spiral Mill
has acquired 15% for €1.5mn.
Hannibal Pipes, located in Hellin
(Albacete) within the Autonomous
Region of Castilla La Mancha, is the first
spirally welded steel pipe mill to operate
in the south of Spain.
Byard Spiral Mill will be the technical
partner for supply and operation of pipe
manufacturing equipment, initially having
a yearly capacity of 90,000M/tons. The
Byard production line is capable of
manufacturing spiral steel pipes with
diameters from 508 to 2,540mm and
having a thickness up to 22mm. Pipe
production is expected to start in Q1
2011 and the major targets are the
water and oil & gas pipeline projects in
the Iberian Peninsula and North Africa.
Hannibal Pipes is located in a strategic
area close to 80% of incoming
pipeline projects planned in Spain.
Directly connected by railway with the
Cartagena Port, Hannibal Pipes is in a
suitable location to serve North African
destinations.
“Having Byard Spiral Mill on board is
for us of paramount importance as we
are now in the best position to offer to
our clients the most reliable products in
the most strategic location,” stated a
Hannibal Pipes spokesman.
Mr Ting, chairman and CEO of Byard
Spiral Mill, commented, “We decided
to invest in Hannibal Pipes after
thorough market analysis. Despite the
EU economic situation, some projects
in the south of Spain are classified
a priority especially relating to water
pipelines. Moreover, our equipment is
designed and fabricated to serve the
oil & gas market, which is still strong in
North Africa and hopefully will grow in
EU starting from 2012-2013.”
Hannibal Pipes also designs and
manufactures a large range of
steel special pieces, including
bends, T-connections, sleeves and
couplings, in accordance with clients’
requirements. Byard Spiral Mill is
a supplier of equipment for spirally
welded steel pipe production, and
during the last 30 years has sold its
equipment to important worldwide pipe
manufacturing companies, including
Ratnamani, Welspun, Essar, Milan
International (Ssangyong Piling), Surja
Rosni Group and Rico Australia.
Byard Spiral Mill
– Malaysia
Hannibal Pipes SA
– Spain
Byard Spiral Mill to acquire
15% in Hannibal Pipes
International
pipe
manufacturer
Welspun Corp Ltd has announced the
appointment of David Delie as president
of Welspun Tubular LLC.
Mr Delie is a 30-year veteran of the
steel industry, with many of these years
spent working in the tubular side of the
business.
He was previously with Berg Steel Pipe
Corporation in Panama City, Florida and
Mr Delie will assume his new duties in
Little Rock, Arkansas effective January
2011.
“We are looking forward to having
David onboard as soon as possible,”
commented Lauri Malkki, CEO of
Welspun Corp Ltd. “His rich experience
and expertise will help to strengthen our
continued growth in the US market over
the coming years.”
“I am very excited to join Welspun
Tubular,” said Mr Delie. “The company’s
remarkable growth in the US market is a
credit to its outstanding workers based
in Arkansas. I look forward to building
on this success, and continuing the
company’s commitment to supply
products from multiple sources with
quality and capabilities unmatched in
the industry.”
Welspun Corp announced earlier in
2010 that it is set to add more than
230 jobs and to invest over $30mn
in its Little Rock, Arkansas facility,
the company’s first large-diameter
pipe manufacturing location in North
America.
With this expansion, Welspun will
employ more than 600 people, more
than doubling the workforce at the
plant since its opening in 2009.
Welspun Tubular LLC is a spiral pipe
and coating facility, spread across 740
acres.
Welspun Corp Ltd
– USA
President of Welspun
Tubular LLC appointed
