TPT May 2008

I ndustry N ews

Maillefer SA gets backing from the Alpha Group

IIL celebrates 60 years of service to the industry

The management of Maillefer SA, Switzerland, has proceeded with a second buy-out of the company with backing from the Alpha Group. Prior to the deal, Maillefer management was financed through private equity from Argos Soditic. The timing for the buy-out was opportune, as Maillefer activities have been steadily developing. Total sales in 2006, as announced in early 2007, reached a record exceeding €100 million. Though the figures

for 2007 are not yet published, they are clearly topping those of 2006. The Alpha Group is an independent private equity firm based in Europe. It manages funds exceeding €1.7 billion. Maillefer looks forward to expand activities into new growth areas with the support of Alpha. Maillefer SA – Switzerland Fax : +41 21 691 2143 Website : www.mailleferextrusion.com

International Industries Limited (IIL), Pakistan, has recently celebrated its 60 th anniversary of recognized services to the international steel processing industry. This achievement follows on from success in 2007 when the company conducted business worth US$183 million, with exports amounting to US$32 million. Established in Karachi, the company has demonstrated its commitment to being an ethical and quality conscious company since 1948. IIL currently claims to have the highest production capacity of steel pipes in Pakistan with over 300,000t capacity in a 25-acre production and storage facility. After expansion projects undertaken in the last 6 years, IIL is now operating with six cold rolled tube mills, six hot rolled tube mills, three hot rolled slitters, two cold rolled slitters and four fully automatic hot dipped galvanizing plants. Four Thermatool welders, eight vacuum tube type welders, eight cold saws and four friction saw NC cutoffs ensure high quality tube production. For galvanized iron (GI) pipes, the product range varies from ½″ to 6″ and a thickness range from 1.80-7.11mm. The company’s capacity for these products is 150,000 tons/ annum. IIL claims to be the only local private sector company in Pakistan to have a cold rolling mill. Products manufactured using this mill include cold rolled tubes in a range from 12.70-60.30mm in round, 10-38mm 2 in square, 10x20mm to 32x62mm rectangular, and 19x42mm to 24x56mm elliptical tubes (thickness from 0.60-2mm). For these products, the company has a manufacturing capacity of 72,000t. The company can meet a sizable amount of local API demand with its range of API pipe (2″, 4″ and 6″). All API pipes are produced with inline seam annealing and hydrotesting. In 2006, IIL widened its portfolio of products by installing two extrusion plants for polyethylene pipes (PE). This product range is 12-250mm, with a thickness range of 1.80-30.50mm. International Industries Limited (IIL) – Pakistan Fax : +92 021 5680373 Email : inquiries@iil.com.pk Website : www.iil.com.pk

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M ay 2008

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