TPi May 2014

business & market news

Delivery of large titanium alloy tubes Tool Peaks secured an order for 430 tons of titanium seamless tubes in December

“In order to maintain a good position we have to put more effort into exploring markets and reducing production costs, but not at the cost of quality,” said Ken Su, president of Tool Peaks and Xuyi Titan. “We have diversified our production structure towards a higher level; more updated products fall into our category, such as pipe fittings and machined parts.” Tool Peaks Industries Ltd – China terry@tool-peaks.com www.titool.com

2012. The company’s wholly owned subsidiary, titanium tube mill Xuyi Titan and Materials Co, Ltd undertook the production throughout 2013. Among the order was 60,000 pieces of titanium Grade 12 of 16m per length. Titanium molybdenum nickel alloy tubes were used to satisfy the strict anti- corrosion requirements. Xuyi Titan completed the delivery of this huge titanium Gr 12 seamless tubes order in January 2014.

Molecor plans partnership in Malaysia Spanish company Molecor Tecnologia SL, a specialist in technology and production of PVC pipes, has entered into a memorandum of understanding with Fitters Diversified Berhad, to invest in creating Molecor (SEA) Sdn Bhd, as part of its international expansion strategy. Fitters is an investment and manufacturing company established in Malaysia in 1986. The company’s main activities are in fire-safety materials, equipment and fire- prevention systems.

Bhd, of which Fitters is the major shareholder.

“We’re clearly convinced about the PVC-O pipe possibilities worldwide and the entrance in the Asian market with a reputed partner is a new business venture model with a promising future,” commented Ignacio Muñoz, CEO and founder of Molecor Tecnologia.

The company reported a strong profit increase in 2013, which motivated it to launch a new line of business exclusively using molecular orientation technology made by Molecor.

The joint venture combines the molecular orientation technology patented by Molecor and the reliability of a firm with almost 30 years of experience in Malaysia and the Southeast Asia region.

Molecor – Spain info@molecor.com www.molecor.com

This commitment is realised with the establishment of Molecor (SEA) Sdn

Metalube awarded ANP licence to trade in Brazil

lubricant industry for the past 15 years with ITW Rocol in São Paulo state.

Metalube’s subsidiary in Brazil has received regulatory approval from Agência Nacional do Petróleo (ANP) for all its lubricant products. ANP is the Brazilian government agency that issues licences for all chemical products manufactured both inside Brazil and also imported. The ANP licence enables Metalube Brazil to market products to end-user clients in the non-ferrous tube and wire drawing industries in Brazil. General manager Ricardo Neves manages the company’s Brazilian operation, and has worked in the

Commenting on the new licence, Metalube’s commercial director, Douglas Hunt, said, “We started our application process for this licence over a year ago and are thrilled to now be able to launch and sell our products into such an exciting market place. We will be heavily focusing our efforts on Brazil to enable the business to flourish and develop.”

Metalube Ltd – UK post@metalube.co.uk www.metalube.co.uk

Ricardo Neves, general manager of Metalube’s Brazilian operation

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Tube Products International May 2014

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