WCA July 2007

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Industry News
Wire & Cable ASIA – July/August 2007
New India plant for DSM
Royal DSM NV (DSM) is to build a new
engineering plastics plant in India.
The plant, for producing engineering
plastics compounds, will be in the
Ranjangaon MIDC industrial zone,
60km from Pune, and will triple the
capacity for the production of Akulon®
PA6, Arnite® PBT and PET and Stanyl®
PA46 in India.
These materials are used in
manufacturing moulded components
for the automotive, electrical and
electronics, consumer and industrial
segments.
Being one of the world’s fastest growing
economies, India has an important
place in DSM’s Vision 2010 strategy, as
one of the three pillars of this strategy
is growth in emerging economies.
The new plant will be fully equipped
with best-in-class safety, health and
environment compliance systems and
will use state-of-the-art compounding
technology.
The new facility will enable DSM to
meet the growing demand from the
Indian market during the next few years
while its design will also allow for future
capacity expansions.
DSM Engineering Plastics India
Private Ltd – India
Fax: +91 2040 26 14
Email:
Website:
Lesjöfors acquires European Springs and Pressing Ltd
Spring manufacturer Lesjöfors has continued its acquisition trail with the
purchase of UK business, European Springs and Pressing Ltd.
European Springs and Pressing manufactures springs and flat strip
components, primarily for the British market.
The company, which has 130 employees, has enjoyed high growth and good
profitability for a number of years, boasting operations in both London and
Cornwall.
The acquisition marks the second in six months for Lesjöfors – having recently
acquired spring maker Harris Springs – and cements the company’s position
as one of the UK’s fastest growing spring manufacturers and supports its
overall strategy to grow within Europe through an increased local presence.
In the UK, European Springs and Pressing’s customer base will allow
Lesjöfors to increase its sales activities through offering its product range,
especially gas springs. In turn, European Springs and Pressing will have
full access to Lesjöfors companies in Latvia and China, to further strengthen
its competitiveness.
European Springs and Pressing will continue to be managed by its current
owners, as Lesjöfors begins the process of enhancing cooperation between
the company and its existing operations in the UK.
Lesjöfors AB – Sweden Fax : +46 5421 0810
Email: Website:
DSM – tripling capacity in India ▲
Messe Düsseldorf China
on the move
Messe Düsseldorf China Ltd, has
moved its Shanghai office to Units
307-308, Tower 1, German Centre
for Industry and Trade, Shanghai,
88 Keyuan Road, Zhangjiang
Hi-Tech Park, Pudong, Shanghai
201203.
Messe Düsseldorf China Ltd
– China
Fax: +86 21502 78128
Email:
Website:
Banks join forces for
new loan deal
Rusal – one of the world’s top-three
aluminium producers – has secured
a syndicated loan of US$500m to
bring the Khakas Aluminium
Smelter, Russia, up to full capacity
and refinance the previously
secured loans.
The following banks joined the
transaction in the syndication
phase – Calyon, BLB, HSBC,
Mizuho, Natixis, Sberbank of
Russia, SG and SMBC.
Rusal – Russia
Fax: +7 495 720 5171
Email:
Website: