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17
www.read-wca.comWire & Cable ASIA – March/April 2013
Joint
venture
Jiangsu
Province-based
steel producer
Xingcheng
Special Steel
Works Co signed
a framework
agreement with
Taiwan-based
wire and cable
producer Walsin
Lihwa for the
construction of a
stainless steel
wire rod rolling
and processing
project.
The joint venture,
which will be built
in Jiangyin, is
expected to have
an annual output
capacity of
120,000 tonnes of
stainless wire rod.
Usha Siam Steel Industries
Ltd has formed a 50:50 joint
venture with TESAC Wire
Rope, a Japanese company, to
produce
wire
ropes
in
Thailand. The new company
will be called TESAC Usha
Wire Rope Company.
The venture will have an annual
capacity of 12,000 tonnes of
steel wire rope for elevator and
crane applications, aiming to
meet the growing demand of
Japanese elevator makers in
the ASEAN region.
A new plant, at a cost of $17
million, is to be developed
adjacent to Usha Siam’s
existing plant in the Pathum
Thani’s Navanakorn industrial
estate in Thailand.
The
plant
will
become
operational during 2014. Usha
Siam, located in Bangkok, was
established in 1980 and has an
annual production of about
36,000 tonnes of wire rope,
auto cables, strands and wires.
The venture with Usha Siam
will
be
TESAC’s
first
manufacturing base outside
Japan. The companies have
already been working together
for over a decade.
Usha Siam Steel Industries
Ltd – Thailand
Website
:
www.ushasiam.comThailand and Japanese companies are joining forces
Distribution partner for Brand-Rex
Brand-Rex has appointed Intec Systems & Solutions as a
distribution partner for Sri Lanka. The company will offer the
full range of Brand-Rex copper and optical cabling systems in
the region.
Regional manager at Brand-Rex, Andrew Gomez, said:
“Brand-Rex has placed technology, innovation and customer
service at the heart of its business strategy in recent years
and we believe that this new relationship will allow us to thrive
in the Sri Lankan market.”
Mr Gomez added that with this new appointment, Brand-Rex
will now be able to offer a service in Sri Lanka that he believes
to be unmatched in the industry.
Brand-Rex is a global operation, designing, developing and
manufacturing high performance copper and fibre cabling
systems for communications and extreme environment
applications.
Brand-Rex Ltd – UK Website
:
www.brand-rex.co.uk