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Bekaert GmbH Otto-Hahn-Straße 20 61381 Friedrichsdorf, Germany http://www.bekaert.com/building
Contact Mr Jacques Anckaert +32 56 23 05 72
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Bekaert GmbH

Bekaert and Xinyu Steel announce successful closing of partnership deal in Xinyu, Jiangxi Province, China

(PresseBox) (Friedrichsdorf, )
Bekaert, worldwide technological and market leader in drawn wire products and applications, and Xinyu Iron & Steel Co., Ltd (Xinsteel), a Xinyu-based (Jiangxi, China) iron and steel company, announced today the successful closing of their partnership transaction by which Bekaert acquires 50% of the spring wire and Aluclad activities of Xinsteel in Xinyu, Jiangxi Province, China. These activities represent an annual turnover of approximately CNY 500 million.

The partnership includes:

- two manufacturing plants in Xinyu which produce high carbon steel wires, mainly spring wires for the automotive, motorcycle, and engineering sectors. The portfolio complements Bekaert's existing product range manufactured wz yrl akur deldn od Awpqvnny, Xgzkftq Kaexirgw.
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.