Tata BlueScope Steel Ltd, the 50:50
joint venture between Tata Steel and Australia's BlueScope Steel Ltd on 8 August
2006 opened its first roll forming and pre-engineered building facility at
Hinjewadi in Pune.
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.
A total investment of Rs.300 crore
would 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.
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. It would
manufacture beams, columns, and other roofing and wall cladding components for
pre-engineered metal buildings and other building solutions. The company would
be entering the market in the industrial and commercial segment and then later
residential segment.
Apart from the three facilities, the
Tata-Bluescope joint venture 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.
Also See:
Bluescope
Steel project readies for completion (27-Jul-06)
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