Kiswire is building a new factory in Malaysia for construction of large wire ropes for the offshore and mining sectors.
The Neptune 2 plant, based on the coast in Johore state, should be operational during fall 2011.
The plant will be equipped to manufacture wire rope sections weighing up to 600 metric tons (661 tons) in non-rotating, multi-strand constructions. It will also be able to fabricate six-strand wire rope sections weighing up to 300 metric tons (331 tons) and eight-strand sections of 400 metric tons (441 tons).
Neptune 2 will have an output capacity of 35,000 metric tons (38,581 tons) per annum. Kiswire’s existing plant (Neptune 1) can produce up to 25,000 metric tons (27,558 tons) annually.