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26
Messe Frankfurt launches new fastener show in Guangzhou
Guangzhou Guangya providing two ‘platforms’. platform’ with exhibitors Exhibition Co Ltd), which Asia Fastener clearly has
Messe Frankfurt Co Ltd The sourcing element of offering manufacturing includes fastener, spring the backing of an
will stage Asia Fastener the event will be equipment, inspection and manufacturing internationally renowned
at the Guangzhou populated by fastener machines, tooling and technology exhibitors. exhibition organiser and
International Convention producers and suppliers dies, and materials aimed demonstrates high levels
and Exhibition Centre, in coming mainly from China, at manufacturers of Louis Leung says his of professionalism in its
Haizhu District, Taiwan and other Asian fasteners and similar parts. company has researched approach. Moreover, it has
Guangzhou, from 24 to countries – although the the opinions of exhibitors been far more realistic in
26 September 2008. organisers are keen to “We expect over 50% of from the Julang event and its expectations of a first
entice European and US the exhibitors here will believes that they need event. It does face the
The show will run exhibitors seeking to come from outside China,” “another event that is same challenge as Julang
alongside Asiamold, a fair penetrate the southern says Leung. Guangzhou more international, in attracting serious, high
covering mouldmaking Chinese end user market. Guangya Messe Frankfurt dedicated to the industry level buyers from and
and tooling, including is not exaggerating the rather than mixed with undoubtedly massive
design and development, Deputy general manager scale of the first Asia unrelated exhibits in the industrial base in
first staged in 2007. The Louis Leung says this Fastener show and has same hall, and organised Guangdong and the south
Asian show has developed element of the show will made it clear it is by a strongly established of China. There is no doubt
from the strongly target high quality buyers committed to developing brand.” it recognises the challenge
established Euromold and industrial user groups the event in the longer and is resolved to meet it
event held in Frankfurt. from not only China but term. The show will come Julang, as this magazine and the opportunity for a
also from overseas just two months after the reported after the 2007, professional fastener event
The organiser says it is countries. 9th staging of the has been extremely in China certainly exists.
targeting 2,500 square Guangzhou International “enthusiastic” about the Whether Guangzhou will
metres of exhibition space The second element of the Metal & Metallurgy volume of visitors it ultimately prove to be the
for the inaugural fastener event will be a Exhibition in Guangzhou attracts to the Metal & right collection remains to
event, which it sees as ‘manufacturing technology (organised by Julang Metallurgy Exhibition. be proven.
Viraj increasing fastener capacity
Indian stainless steel producer Viraj Group has announced it is expanding its fastener manufacturing capacity to 36,000 tonnes per
annum. The new plant is being built in Tarapur, near Mumbai at an initial cost of over 13 million euros.
Viraj started production of bolts, screws and threaded bars in 2006. The company says it sees strong growth prospect in the fastener category and
this move will further consolidate its market position as a quality producer of stainless steel fasteners.
Jiaxing Association goes public on AD in Brussels
In an extremely unusual move, senior European Union consumers and importers to minimum required to justify an investigation.
figures of the Jiaxing Association of fight with us as this case represents their
Fasteners held a press conference in interests too," said Tu Zhiqing, deputy
Trade lawyer Robert Maclean, acting for the
Brussels in February. secretary of the Jiaxing Association of
Association, argued that these companies
Fasteners Import and Export Companies.
could escape duties on shipments to Europe if
They called on the EU not to hit their
the Commission deemed their business
members’ exports with antidumping duties, Mr Tu went on to say that European fastener
practices to be in line with a normal market
economy, something not usually granted to
arguing that European consumers and makers no longer produce equivalent product
Chinese companies. The Jiaxing Association
companies would also suffer. Members of the to that exported by China. He argued that EC
also pointed out that increases in the cost of
association are responsible for supplying an investigators should exclude from
steel have resulted in a 50% increase in their
estimated 149 million euros of fasteners into consideration the arguments of European
export prices. If duties are applied by August,
Europe. fastener producers who also have plants in
Mr Tu added, Chinese producers could ask
China, saying that doing this would bring the
their government to take action against the EU
"We want to use this channel to urge market share of complainants to less than the at the WTO.
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