December 02, 2008

Welspun Gujarat Stahl update on expansion plans

It is reported that Welspun Gujarat Stahl Rohren is increasing its LSAW pipe capacity by 300,000 tons at SEZ in Gujarat. As per report, Welspun already possessed critical equipments and this facility will be operational in just 12 months time and shall entail investments of INR 2.98 billion.

Besides this, Welspun has taken up capacity expansion and de bottlenecking of HSAW Spiral pipes at its existing facility at Anjar to increase capacity to 550,000 tonnes from 400,000 tonnes at an additional expenditure of nearly INR 1 billion.

Welspun has already started trial production of its plate cum coil mill, which would produce India’s widest plate of 4.5 meters. This 1.5 million tonnes per annum facility will be fully operational by the end of this financial year.

Similarly, the implementation of 300,000 tons project in Little Rock in US is going as per schedule and the facility is likely to be commissioned by July 2008.

Mr BK Goenka vice CMD of Welspun Gujarat Stahl said that “We strongly believe that we are poised to become one of the biggest and most respected one stop solution providers for steel pipes in the World.”

Mr Braja Mishra CEO & ED of Welspun Gujarat Stahl said that “We are growing at a rapid pace in our aggressive growth phase. Team Welspun has ensured that we remain focused, adhere to Engineering Excellence and continue to delight our customers with flawless product quality and timely delivery schedules.”

Post completion of US and Indian project, the company’s capacities will reach 1.6 million tonnes per annum.