The Managing Director of Tata Steel, B Muthuraman inaugurated Tata Metaliks
Kubota Pipes' (TMKPL) ductile iron (DI) pipe manufacturing facility at Kharagpur
in West Bengal on 07 March 2009.
TMKPL, a 51:44:5 JV between Tata Metaliks (TML), Japan's Kubota Corporation
and Metal One Corporation, expects to start commercial production of DI pipes
from April.
The new facility has been set up at an investment of Rs.185 crore within the
premises of Tata Metaliks' pig iron plant. The plant will produce 1.1 lakh tonne
per year of DI pipes in Phase I. The capacity will be ramped up to over two lakh
tonne in phase II. As per the agreement with Kubota, the company will export 20
per cent of the total produce to West Asia, South East Asian countries and
Africa.
Also See:
Central
government accords PL to Tata Metaliks (05-Feb-09)
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