WCA September 2012

Industry news

New plant in Xinyu, Jiangxi

Bekaert and Xinsteel have broken ground for a new production plant in Xinyu, Jiangxi Province, China. The new plant, to be called Bekaert (Xinyu) New Materials Co Ltd, will be located in Jiangxi Xinyu High-Tech Industrial Park Development Zone and will house a spring wire manufacturing facility, which is currently located in two separate factories. The plant is expected to begin operations during the third quarter of 2013, and will mainly serve domestic customers with spring wires. Bekaert formed the partnership with Xinyu Iron & Steel Co Ltd (Xinsteel) in December 2011 with the establishment of a 50/50 joint venture, with the aim of combining their complementary technologies and applications to open up new opportunities in the markets. Mr Xiong Xiaoxing, chairman of Xinsteel, said: “This new plant is a substantial step in our strategic partnership, and will create more business opportunities for Xinsteel in partnership with Bekaert. “I am confident that our partnership will bring both of us leading positions in our markets.” Mr Mark Goyens, president Bekaert Asia, added: “It is particularly meaningful for the establishment of Bekaert Xinyu New Materials Co Ltd and marks another big step forward in our long term China strategy.” Established in 1989, Cabrol is a reel manufacturer that specialises in manufacturing steel CKD reels. The CKD reels are engineered to carry heavy loads, a perfect solution for dispatching finished cable. With two manufacturing units in India and a third one coming up in the Middle East, Cabrol is well positioned to satisfy all reel requirements. For decades, with superior quality and lower prices, the CKD reels have proven to be an economical alternative to wooden reels. The company has gained the expertise to build an optimum design suiting customer requirements resulting in economical reels. The CKD advantage is that they are stronger, durable, weather proof, recyclable, have a higher resale value, economical, have no nails, are environmentally friendly, provide better safety of cable and conductors, and are able to withstand high stringing speeds. With a commitment to lower packing costs, Cabrol has also implemented a new concept of renting reels. Reels can also be fabricated and customised to meet customer needs. Bekaert (Xinyu) New Materials Co Ltd – China Website : www.bekaert.com Dispatch your cable on steel reels

Cabrol – India Website : www.cabrolindia.com

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Wire & Cable ASIA – September/October 2012

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