TPT May 2007

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28 May/June 2007
Industry News
ITALY–Tel: +39(0) 536 851616 – e-mail:
N.C. punching lines
for tubes and profiles
MADE TO MEET EVERY
REQUIREMENT
Pipe joint and repair specialist Viking
Johnson ) has
opened a Middle East office in Dubai to
accommodate growing demand for its
products and expertise throughout the
region. Headed by international sales
manager Mr Steve Lacey, the office
will provide ‘local’ technical support in
collaboration with the company’s distributors
in ten countries. The office can be contacted
via telephone on +971 4 887 1558 or fax on
+971 4 881 8495.
Hayes Tubes Ltd
co.uk), UK, has been acquired by
Caparo Precision Tubes Ltd (www.
caparo.co.uk), a subsidiary of the
Caparo Group. The deal involves
Caparo’s purchase of a 100 per cent
capital share in Hayes. Mr Angad Paul,
CEO of Caparo, states “Hayes is a long
established manufacturer of precision
tubes and its activities will complement
those of Caparo.” Another subsidiary of
Caparo, Caparo Engineering India Ltd,
also recently acquired International Auto
Ltd, a specialist in sheet metal.
Socotherm SpA ),
Italy, has been awarded a contract for
the design, assembly and installation
of an anti-corrosion pipe plant in India.
Steel Authority of India Ltd (SAIL) has
commissioned the plant for installation at
their pipe mill in Rourkela, India. Valued at
US$6.5mn, this will be the first pipe coating
facility to be installed by SAIL. Installation
is expected to start from the first quarter
of 2008, and will lead to the supply of 3-
layer polyolefin external anticorrosion
coatings (Plastykote®) on pipes from 8-42"
diameter.
Rehau , Germany,
have announced plans to extend its
production capacity and logistics
structures. The company has already
invested heavily in 2006 and will
invest more than €20mn in its Building
Technology Sector in 2007. In March
2007 production of PE-Xa pipes began
in the Rehau plant in Bourges, France.
In April 2007, greater capacity became
available in the German plants Viechtach
and Triptis. Outside of Europe, the new
plant in Cullman, USA was inaugurated
at the start of this year.
SABIC ), Saudi Arabia, has
announced a net profit increase of 6 per
cent for 2006, rising from SR 19.2 billion in
2005 to SR 20.3 billion in 2006. The highest
ever achieved by the company since its
inception, these profits are partnered by a 7
per cent increase in total operating profits.
This success is reflected by the growth in
the company’s production output from 46.7
million tons in 2005 to 49.1 million tons last
year. The company has recently purchased
the base chemicals and polymers business
of Huntsman’s UK for a purchase price of
US$685mn.
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125mm
85mm
9000 ST. GALLEN SWITZERLAND Tel +41 71 245 25 56 Fax +41 71 245 77 61
M - STATIC AG
POWDER COATING TECHNOLOGY
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PIPE COATING PLANTS
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180 kg/h per Flat-Jet
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FLAT-JET WRAPPING PIPE COATING
HIGH VOLTAGE
20 -100 kV
ADJUSTABILITY
settings on touch panel
POWDER CONTROL
1-24 kg/h
HIGH VOLTAGE
20 -100 kV
ADJUSTABILITY
settings on touch panel
30 years of experience
3-Layer and FBE
rough or tough System
3-Layer and FBE
rough or tough System