Jamshedpur, August 7, 2006
Tata BlueScope Steel Limited, a 50:50 joint venture between
Indias Tata Steel and Australias BlueScope Steel Limited today inaugurated its
first rollforming and pre-engineered building facility near the IT Park at Hinjewadi,
Pune. The company also unveiled its new corporate identity, which will lead brand
development in the fast emerging Indian construction market. The new facility will
manufacture, design and supply of a range of BUTLER pre-engineered buildings and
LYSAGHT steel building solutions.
Mr B Muthuraman, Managing Director, Tata Steel said,
This facility reaffirms our commitment that Tata BlueScope Steel will create value
in the steel business. The building industry is experiencing rapid growth and it is a
great opportunity to showcase our range of product and solutions to the construction
industry. In doing so, this boosts the consumption of steel in this region.
Speaking at the inauguration ceremony, Ms Kathryn Fagg,
Chairman of Tata BlueScope Steel and BlueScope Steels President Asia, said:
This is the first demonstration of the powerful partnership between, BlueScope Steel
and Tata Steel and we are proud to be part of this. This state-of-the-art manufacturing
facility incorporates a leading edge building design centre and will offer premium quality
branded steel products to the building and construction markets of India and South
Asia.
Mr Chetan Tolia, Managing Director, Tata BlueScope Steel
Limited said, This is the first manufacturing facility of Tata BlueScope
Steel. This state-of-the-art facility will manufacture beams, columns, purlins, and other
roofing and wall cladding components for Pre-Engineered Metal Buildings and other Building
Solutions. This facility will house a design centre with a fully staffed engineering team
that will create new concepts, products and applications of steel in buildings. This
facility is capable of product testing in order to assure quality and demonstrate features
to customers.
Mr Tolia further said, This is a memorable day
as we have inaugurated our first facility and also formally unveiled our new corporate
identity. The new logo depicts the strength of two companies resulting in one powerful
outcome. The forward moving waves resemble the driving force of Tata BlueScope Steel and
its ability to take on new challenges.
About Tata BlueScope Steel
Tata BlueScope Steel Limited is a 50:50 joint venture between Tata
Steel Limited and BlueScope Steel Limited. The company will have three rollforming and
pre-engineered building facilities in India. The operation in Pune will serve the
burgeoning Western region, while the Sriperumbudur (Chennai under construction) and
Bhiwadi (Rajasthan under construction) operations, will serve India's growth
territories in the South and North respectively.
Apart from the three facilities, the company is constructing a
state-of-the-art metallic coating and painting facility at Jamshedpur, in the state of
Jharkand, eastern India. The new facility will have an annual metallic coating capacity of
250,000 tonnes and paint line capacity of 150,000 tonnes.
Tata BlueScope Steel Limited will offer a comprehensive range of
branded steel products for building and construction applications, including the premium
ZINCALUME® metallic coated and COLORBOND® painted steels, LYSAGHT range of steel
building solutions and BUTLER pre-engineered metal building systems.
Tata BlueScope Steel will focus on developing new markets and
applications for coated steels in the fast-growing construction markets of India and other
South Asian countries.
Tata BlueScope Steel will operate in greater South Asian Association
for Regional Co-operation (SAARC) which encompasses India, Sri Lanka, Pakistan,
Bangladesh, Nepal, Bhutan and the Maldives.
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