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| Kobe Steel Group opens new compressor plant in Shanghai |
|
May 13, 2008
TOKYO, May 13, 2008 - Kobe Steel, Ltd. announces the opening of the new compressor
plant of subsidiary Kobelco Compressors Manufacturing (Shanghai) Corporation
(or KCMS) in Shanghai, China.
KCMS relocated its operations to the northern part of Shanghai's Jiading Industrial
Zone, about 15 kilometers northwest of its former facility. The new plant continues
the manufacturing operations, as well as continues to employ the workers of the
previous facility.
A ceremony marking the start of full operations was held today, attended by Chinese
government officials and Consul-General Yuji Kumamaru of the Japanese consulate
in Shanghai.
In April 2005, KCMS began manufacturing standard compressors in the southern
part of the Jiading Industrial Zone in northwestern Shanghai. However, Shanghai
decided to implement the Jiading New Town Plan, which involved the moving of
dozens of Japanese companies in the area. In response to the Chinese government's
request to relocate, KCMS moved to the northern part of the district with the
guidance and support of the Consulate-General of Japan in Shanghai and JETRO
Shanghai.
KCMS began marketing the energy-efficient Kobelion II series of oil-flooded standard
compressors in 2007 in China first, ahead of the Japanese market. The compressors
are noted for having one of the world's highest levels of discharged air volume
and energy efficiency. Orders for these compressors have been growing. Users
have given high marks to the Kobelion II series and with an expanded number of
distributors, orders from Japanese affiliates and local companies in China have
risen. With higher sales volume, the Kobelion II series is contributing to higher
profits at KCMS.
In comparison to the previous facility, the new plant has a larger floor space,
cranes with higher lifting capacity, and a larger power source for trial compressor
operation. The new plant is also equipped to manufacture large oil-free screw
compressors with motor outputs up to 400 kW.
Demand for compressors in China has been increasing yearly and is forecast to
continue growing in the coming years. As a result, KCMS, which originally anticipated
producing roughly 1,500 compressors a year, plans to double production to 3,000
units per year in several years time. KCMS intends to steadily increase the sales
volume of its compressors to meet the growing market in China.
Main Attendees of Opening Ceremony
| Jiading District: |
|
Sun Ji Wei, Governor
Zhuang Mu Di, Vice Governor |
| Consulate-General of Japan in Shanghai: |
|
Consul-General Yuji Kumamaru |
| Kobe Steel, Ltd.: |
|
Shuzo Mohri, Senior Officer, Kobe Steel & General Manager of the Compressor
Division |
Company Profile
| Name: |
|
Kobelco Compressors Manufacturing (Shanghai) Corporation |
| Location: |
|
Jiading Industrial Zone, Shanghai, China |
| Capital: |
|
US$5 million |
| Equity share: |
|
75% Kobe Steel, Ltd.
25% Kobelco Compressors Corporation (a Kobe Steel subsidiary) |
| Established: |
|
February 2004 |
| Start-up: |
|
April 2005 |
| Product: |
|
Standard compressors |
| Chairman: |
|
Shuzo Mohri, Senior Officer, Kobe Steel, Ltd. & General
Manager, Compressor Division |
| President: |
|
Hiroki Iwamoto |
| Employees: |
|
51 |
About Kobe Steel
Kobe Steel, Ltd. manufactures screw, centrifugal and reciprocating compressors
- the only company in the world that produces all three types of compressors.
One of the top suppliers of screw compressors, Kobe Steel leads the industry
with its outstanding technical expertise.
In addition to a wide array of industrial machinery and engineering services,
Kobe Steel is one of Japan's leading steelmakers and producers of aluminum and
copper products. Other businesses include welding consumables, wholesale power
supply, construction machinery, real estate, and electronic materials. For more
information on Kobe Steel, please visit: www.kobelco.com
|
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