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デュエルビッツカジノ ログインope to increase production of flux-cored welding wire

March 15, 2006

デュエルビッツカジノ ログインel's Netherlands-based subsidiary, Kobelco Welding of Europe B.V., plans to invest 10.9 million euros to produce fluxed-cored welding wire for carbon steel, beginning in 2007. This type of wire is commonly used to weld ordinary steel, which is used in large quantities in the shipbuilding industry and offshore structures. デュエルビッツカジノ ログインope currently makes flux-cored welding wire (FCW) for stainless steel. Production capacity is approximately 1,000 metric tons per year. With growth for carbon steel FCW projected to increase in Europe, Kobelco intends to add production capacity of 6,000 metric tons per year for carbon steel FCW. This will give Kobelco a total capacity of 7,000 metric tons by 2008, making it one of the largest producers of FCW in Europe. Flux-cored welding wire consists of a steel sheath and flux. Flux composition contributes greatly to the mechanical properties, welding workability and other capabilities of the welding wire. Owing to outstanding bead shape and appearance, FCW is commonly used in the welding of ships, offshore structures, bridges and other structures. In Japan, the market for this welding consumable is growing year by year. Demand for carbon steel FCW is also increasing remarkably in South Korea. To meet this demand, デュエルビッツカジノ ログインel's Korean affiliate, Kobe Welding of Korea Co., Ltd., plans to boost production capacity to 1,600 metric tons per month in fiscal 2006 Investment plans Product Flux-cored welding wire for carbon steel Production 6,000 metric tons per year Investment 10.9 million euros (about 1.47 billion yen) Equipment 6 production lines Area 6,000 sq. m. Schedule Construction of new facility to start in mid-2006 Production to commence in early 2007 Profile of デュエルビッツカジノ ログインope B.V. Managing Director Kimihiko Nakamura Location Heerlen, Limburg, The Netherlands Established June 1994 (production start-up in December 1995) Equity デュエルビッツカジノ ログインel 94.6%, Sojitz Group 5.4% Business Production and sale of flux-cored welding wire for stainless steel Production 1,000 metric tons per year Employees About 40