WCA July 2007

Industry News

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

DSM – tripling capacity in India

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while its design will also allow for future capacity expansions. DSM Engineering Plastics India Private Ltd – India Fax : +91 2040 26 14 Email : media.relations@dsm.com Website : www.dsm.com

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 : shanghai@mdc.com.cn Website : www.mdc.com.cn 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.

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.

Rusal – Russia Fax : +7 495 720 5171 Email : info@rusal.ru Website : www.rusal.ru

Lesjöfors AB – Sweden Email : info@lesjoforsab.com

Fax : +46 5421 0810

Website : www.lesjoforsab.com

Wire & Cable ASIA – July/August 2007