[INDUSTRY NEWS] The partnership includes:
• Two manufacturing plants in Xinyu which produce high carbon steel wires, mainly spring wires for the automotive, motorcycle, and engineering sectors. The portfolio complements Bekaert’s existing product range manufactured in its wire plant in Jiangyin, Jiangsu Province.
• The Aluclad (aluminum clad) wire and strand production unit, serving markets for overhead conductor networks and data communication. Manufacturing is concentrated in one production plant in Xinyu.
The acquisition deal follows all customary closing and approval processes and represents a purchase value of CNY 107 million. The companies herewith formally enter a partnership aimed at combining complementary technologies and applications to open up new opportunities in the respective target markets. The results of the joint venture will be included in Bekaert’s financial records under the equity accounting method as from 1 December 2011.
SC&RA Join With Others To Establish Interna- tional Crane Stakeholders Assembly Prior to the start of the World Crane & Transport Summit, SC&RA Executive Vice President Joel Dandrea and Vice President Beth O’Quinn participated in an international meeting with representatives from the Crane Industry Council of Australia (CICA), the European Association of Abnormal Road Transport and Mobile Cranes (ESTA), the Federation Europeene de la Manutention (FEM), the National Commission for the Certification of Crane Operators (NCCCO) and members of Oil and Gas Producers (OGP). During this meeting, which primarily grew
out of SC&RA’s ongoing concerns about EN 13000, the European crane design standard, attendees agreed to a proposal to establish the International Crane Stakeholders Assembly which would conduct future meetings annually. The group decided that the annual International Crane Users Meetings would meet jointly in sequence with the International
Crane Technical Liaison Meetings, which began in 1997 as an assembly of manufacturers’ organizations. Participants at these meetings could then reconvene at the same venue for a combined meeting of the International Crane Stakeholders Assembly. These meetings would be planned around larger events such as Bauma China, Bauma Germany or ConExpo USA. As the new users group develops, SC&RA
plans to continue its active role in discussions of key international, technical crane issues.
J D Neuhaus Supply their Largest Ever Crane System The largest crane system constructed to date by J D Neuhaus has been delivered to Westcon Lofteteknikk AS (WCL) of Norway for use on an offshore drilling rig. The semi portal design comprises an A-frame supporting twin overhead horizontal track beams providing a 7.5 meter span. The crane has an approximate height of
11.5 meters with a total weight of 32 tons. It is equipped with JDN hydraulic EH 40-H
The Pinnacle of Quality Wire rope you can trust.
WIRE ROPE EXCHANGE
JANUARY-FEBRUARY 2012
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