Brass Pipe fittings which has been known for manufacturing of Brass pipe fittings ( http://www.brass-pipe-fittings.com ) turned parts anchors fasteners http://brass-anchors.brass-pipe-fittings.com/ Hose couplings Brass pipe fittings http://brass-pipe-fittings.brass-pipe-fittings.com hex nuts machine screws etc with exports to 29 countries and a turnover of 19 mn US$ has decided to step up its operations by adding a new Brass and Copper pipe with a capacity for 300 tons/month.This involves an outlay of 112 mn US$ and a workforce of 156 people. The project will be set up in Naghedi Jamnagar .
The machinery for this has already been imported from Italy and the finance has been worked out with SBS . Initial production will commence in about 4 months from now and the target market is Western Europe. Brass pipes are used for many uses worldwide by Brass Copper and Bronze foundries and for electro mechnaical applications. Non ferrous casting industry is growing at about 12% P/A thanks to demand in automotive and electrification.
Mr. Malin Sanghvi the Exports director of the company is positive to break even in the very first year with envisaged profit for FY 2011 of US$4 Million. The company also has plans for IPO once the production comes on stream and company products like Brass fasteners anchors turned parts Bronze billets are well received in the European markets
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Manufacturers of Brass hose barbs pipe fittings pipe nipples hose couplings screw machine parts brass Anchors Brass screws Brass nuts Brass fasteners Brass turned parts
Monday, June 30, 2008
Friday, June 20, 2008
Brass Parts components City Jamnagar to have new Reliance refinery
Jamnagar a city of Brass parts Brass components Brass screws Brass fasteners etc will soon have a new refinery.Reliance Industries is now on the verge of a quantum leap in one of its several growth platforms, energy, Chairman and Managing Director Mukesh Ambani said here on Thursday.
“Two large projects, founded on the energy growth platform, will be commissioned in the second half of this financial year. They will mark a historic milestone in Reliance’s leap to global heights,” said Mr. Ambani while addressing the company’s Annual General Meeting (AGM) here. According to him, the Jamnagar refinery will create the largest refining site in the world. Commissioning of oil and gas production systems will make Reliance one of the largest deep-water international oil and gas companies in the world. In addition, the East-West pipeline gas transmission system, built by Reliance Gas Transportation Infrastructure Limited, will connect Indian towns and cities with its gas resources.
Mr. Ambani said, “gas sales, which will commence this year, will be at a wellhead price equivalent to $25.2 per barrel of crude oil as compared to the current market price of $135 a barrel of crude oil.”
Four years ago, Reliance embarked on setting up petroleum retail outlets all across the country. And it garnered a 14 per cent share of the diesel market in India in a short time.
“However, as crude oil prices began to rise dramatically to a record high, the Union Government decided to provide subsidies only to the public sector petroleum retailing companies. Absence of a level playing field between private and public sector petroleum retailing companies gave rise to an unviable situation. Therefore, Reliance had no alternative but to suspend sales of petrol and diesel from its retail outlets, especially because of the high price environment,” Mr. Ambani said.
However, he stated that, Reliance remains committed to the long-term potential of the petroleum retail business, both in India and overseas.
“Two large projects, founded on the energy growth platform, will be commissioned in the second half of this financial year. They will mark a historic milestone in Reliance’s leap to global heights,” said Mr. Ambani while addressing the company’s Annual General Meeting (AGM) here. According to him, the Jamnagar refinery will create the largest refining site in the world. Commissioning of oil and gas production systems will make Reliance one of the largest deep-water international oil and gas companies in the world. In addition, the East-West pipeline gas transmission system, built by Reliance Gas Transportation Infrastructure Limited, will connect Indian towns and cities with its gas resources.
Mr. Ambani said, “gas sales, which will commence this year, will be at a wellhead price equivalent to $25.2 per barrel of crude oil as compared to the current market price of $135 a barrel of crude oil.”
Four years ago, Reliance embarked on setting up petroleum retail outlets all across the country. And it garnered a 14 per cent share of the diesel market in India in a short time.
“However, as crude oil prices began to rise dramatically to a record high, the Union Government decided to provide subsidies only to the public sector petroleum retailing companies. Absence of a level playing field between private and public sector petroleum retailing companies gave rise to an unviable situation. Therefore, Reliance had no alternative but to suspend sales of petrol and diesel from its retail outlets, especially because of the high price environment,” Mr. Ambani said.
However, he stated that, Reliance remains committed to the long-term potential of the petroleum retail business, both in India and overseas.
Tuesday, June 10, 2008
Jamnagar Brass parts Brass screws fasteners to setp up production
Jamnagar Brass parts which has been known for manufacturing of Brass turned parts anchors fasteners Brass forgings Brass screws Brass castings Brass neutral links hex nuts machine screws etc with exports to 29 countries and a turnover of 19 mn US$ has decided to step up its operations by adding a new extrusion plant for Bronze billets with a capacity for 300 tons/month.This involves an outlay of 14 mn US$ and a workforce of 225 people. The project will be set up in Naghedi Jamnagar .
The machinery for this has already been imported from Italy and the finance has been worked out with SBS . Initial production will commence in about 4 months from now and the target market is Western Europe. Bronze ingots are used for Bronze casting worldwide by Brass Copper and Bronze foundries. Non ferrous casting industry is growing at about 12% P/A thanks to demand in automotive and electrification.
Mr. Hitesh Shah the Exports director of the company is positive to break even in the very first year with envisaged profit for FY 2010 of US$ 3 Million. The company also has plans for IPO once the production comes on stream and company products like Brass fasteners anchors turned parts Bronze billets are well received in the European markets.
http://www.indiaprwire.com/pressrelease/mining-metals/2008060910145.htm
The machinery for this has already been imported from Italy and the finance has been worked out with SBS . Initial production will commence in about 4 months from now and the target market is Western Europe. Bronze ingots are used for Bronze casting worldwide by Brass Copper and Bronze foundries. Non ferrous casting industry is growing at about 12% P/A thanks to demand in automotive and electrification.
Mr. Hitesh Shah the Exports director of the company is positive to break even in the very first year with envisaged profit for FY 2010 of US$ 3 Million. The company also has plans for IPO once the production comes on stream and company products like Brass fasteners anchors turned parts Bronze billets are well received in the European markets.
http://www.indiaprwire.com/pressrelease/mining-metals/2008060910145.htm
Wednesday, June 4, 2008
Brass parts city Jamnagar will get a face lift
Gujrat chief Minister Narendra Modi will inaugurate three projects in Jamnagar worth many millions on Wednesday during a whirlwind tour of the district. The Brass parts Brass components city will have a new pumping station , housing scheme and better civic facilities.
Jamnagar which is known for manufacturers of Brass components Brass fittings Brass anchors Brass neutral links Brass earth bars turned parts hose fittings Brass casting Bronze fittings Brass Fasteners is also turning in to a regional hub for trade.
Jamnagar which is known for manufacturers of Brass components Brass fittings Brass anchors Brass neutral links Brass earth bars turned parts hose fittings Brass casting Bronze fittings Brass Fasteners is also turning in to a regional hub for trade.
Monday, June 2, 2008
Jamnagar Brass parts industry in clutches of a slow down
The Brass parts industry of Jamnagar is in the throes of trouble facing acute slow down with most of the European and American markets also going soft.
The manufacturing of parts like Brass fasteners Brass turned parts brass anchors Brass machined components hose barbs neutral links Brass terminals Brass moulding inserts Brass PPR fittings Brass anchor fasteners Brass casting Brass pipe fittings Brass bathroom CPVC fittings Brass neutral bars earth bars Brass plug socket pins hose nipples nozzles conduit fittings electrical accessories cable glands etc is facing serious slow down if markets of Europe and US do not improve in next quarter.
The volatility in Brass prices /LME copper prices have not helped Jamnagar manufacturers and exporters either. Most of the small time manufacturers have taken huge hits during price fluctuation of raw materials.
The manufacturing of parts like Brass fasteners Brass turned parts brass anchors Brass machined components hose barbs neutral links Brass terminals Brass moulding inserts Brass PPR fittings Brass anchor fasteners Brass casting Brass pipe fittings Brass bathroom CPVC fittings Brass neutral bars earth bars Brass plug socket pins hose nipples nozzles conduit fittings electrical accessories cable glands etc is facing serious slow down if markets of Europe and US do not improve in next quarter.
The volatility in Brass prices /LME copper prices have not helped Jamnagar manufacturers and exporters either. Most of the small time manufacturers have taken huge hits during price fluctuation of raw materials.
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