TPi July 2009

news business & market

Osborn wins Queen’s Award for Enterprise

Various precision steel tubes from Osborn ▼ ▼

extruded near net shapes in steel and titanium, and is claimed to be the only plant of its type in the UK, and one of only a handful worldwide. Hot extrusion allows the manufacture of complex shapes with the minimum

Osborn Metals Limited is now proudly flying the Queen’s Award flag, to celebrate the recognition of the group’s sustained performance. The group, which has plants in the UK and France employing over 150 people, exports over 70% of its production to thirty countries around the world.

The Osborn Steel Extrusions plant in Bradford, UK, produces complex

use of material, and reduces the machining costs of customers with applications in industries as varied as aerospace, power generation, petro- chemical industries and specialist vehicles. Osborn’s hot extrusion process allows the manufacture of complex shapes with the minimum use of material

Osborn has extrusions on leading civil aircraft, including the state-of-the-art Boeing 787 and Airbus A350. Osborn Metals Ltd was formed in 2001, and has enjoyed solid growth based on its core businesses. Osborn Metals in France has two plants producing cold drawn steel profiles and precision cold drawn tubing with applications across all sectors.

Osborn Metals Ltd – UK extrusion@osbornmetals.com www.osbornmetals.com

Economic cooperation Invitalia, a national agency for investment and enterprise development, and SIDCO, the Saudi-Italian society for the development, know-how and service exchange to attract foreign investments, have signed a memorandum of understanding for new economic cooperation between the two countries. In 2008, economic relations between Italy and Saudi Arabia increased by 17%. The Saudi government announced a plan of public investment of €95 billion, with 1.3 million new jobs and the construction of six new cities. In a period of economic changes and international crises, the Riyadh agreement offers new perspectives and opportunities for the Italian market and economy, and will also support an exchange of information between companies interested in investing in Italy to boost a positive exchange and a growing working cooperation. One of the largest Italian investments is for a steel mill company with plants of more than €400 million, designed and built by Danieli Group for the production of steel tubes for the oil and gas industry, both for ARAMCO (the Saudi governing body for energy) and for other market areas.

Invitalia – Italy www.invitalia.it

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July 2009 Tube Products International