WCA March 2013

Thailand and Japanese companies are joining forces

Joint venture Jiangsu

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.com

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.

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

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Wire & Cable ASIA – March/April 2013