Business Daily from THE HINDU group of publications Tuesday, Aug 08, 2006 |
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Corporate
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New Projects States - Maharashtra Tata BlueScope Steel opens facility in Pune Our Bureau
Pune , Aug. 7 Tata BlueScope Steel Ltd, the 50:50 joint venture between Tata Steel and Australian BlueScope Steel Ltd on Monday opened its first roll forming and pre-engineered building facility at Hinjewadi in Pune. Ms Kathryn Fagg, Chairman of Tata BlueScope and Mr Chetan Tolia, Managing Director, Tata BlueScope, told newspersons that the new facility would manufacture, design and supply flat steel products such as zincalume and colorbond coated steels and a range of Butler and Lysaght metal building solutions.
Total investment
He said a total investment of Rs 300 crorewould be utilised for its three facilities in Pune, Sriperumbudur in Chennai and Bhiwandi in Rajasthan. The Chennai and Bhiwandi facilities are under construction and are expected to be operational by the fourth quarter of the current fiscal.
Design centre
He said the Pune facility would also house a design centre with a fully staffed engineering team, which would create new concepts, products and applications for steel in buildings. Mr Tolia said the Pune facility would manufacture beams, columns, purlins and other roofing and wall cladding components for pre-engineered metal buildings and other building solutions. He said the company would be entering the market in the industrial and commercial segment and then later residential segment.
He said the production facilities would cater to the domestic market as well as export to the SAARC countries. Mr Tolia said apart from the three facilities, it is also constructing a metallic coating and painting facility at Jamshedpur in Jharkhand.
The new facility would have an annual metallic coating capacity of 2,50,000 tonnes and paint line capacity of 1,50,000 tonnes. This facility is expected to be operational by 2008-end and would be utilising Rs 900 crore.
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