June 2012 : CMI Spreads in India - Cover Story - CMI FPE LTD
June 2012 : CMI Spreads in India - Cover Story - CMI FPE LTD
June 2012 : CMI Spreads in India - Cover Story - CMI FPE LTD
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<strong>Cover</strong> <strong>Story</strong><br />
Are you satisfied with the progress <strong>in</strong><br />
the past four years ?<br />
- In a turbulent economic context worldwide,<br />
<strong>CMI</strong> Industry further re<strong>in</strong>forced its leadership <strong>in</strong><br />
galvaniz<strong>in</strong>g l<strong>in</strong>es by demonstrat<strong>in</strong>g that its latest<br />
generation '100% <strong>CMI</strong> technology' l<strong>in</strong>es give<br />
steelmakers a major competitive edge. In <strong>India</strong>, we<br />
have been actively develop<strong>in</strong>g our subsidiaries <strong>CMI</strong><br />
<strong>FPE</strong> and <strong>CMI</strong> Industry Automation dur<strong>in</strong>g the last<br />
four years. Beyond the <strong>in</strong>tegration and development<br />
of new technologies we have enhanced our 3D<br />
eng<strong>in</strong>eer<strong>in</strong>g and project management capabilities,<br />
developed automation solutions, <strong>in</strong>vested <strong>in</strong> safety<br />
equipment and tra<strong>in</strong><strong>in</strong>g, market<strong>in</strong>g supports, the<br />
image of the company <strong>in</strong> <strong>India</strong> has dramatically<br />
changed and we received very prestigious orders<br />
from more and more customers.<br />
When we decided to develop the turnover of<br />
<strong>CMI</strong> <strong>FPE</strong>, we came to the conclusion that<br />
manufactur<strong>in</strong>g is a bottle neck and decided to<br />
expand the capacity of our workshops. To do that,<br />
we <strong>in</strong>vested <strong>in</strong> mach<strong>in</strong><strong>in</strong>g centres and built new<br />
sheds with heavy handl<strong>in</strong>g capacities while<br />
optimiz<strong>in</strong>g the overall lay-out of the plant <strong>in</strong> order to<br />
improve the production-flow. In addition, by<br />
dedicat<strong>in</strong>g each shed to a specific part of the<br />
manufactur<strong>in</strong>g process (mach<strong>in</strong><strong>in</strong>g, assembl<strong>in</strong>g,<br />
packag<strong>in</strong>g, expedition...) we now benefit from the<br />
advantages of a more efficient and focused<br />
manufactur<strong>in</strong>g set-up. With such new <strong>in</strong>frastructure,<br />
<strong>CMI</strong> <strong>FPE</strong> is now is now able to house, for <strong>in</strong>stance,<br />
the assembly of up to ten cold roll<strong>in</strong>g mills or even<br />
two 5-stand tandem roll<strong>in</strong>g mills at the same time!<br />
Can you brief us about the expansion<br />
plans of <strong>CMI</strong> <strong>in</strong>dustry <strong>in</strong> environmental<br />
eng<strong>in</strong>eer<strong>in</strong>g sector <strong>in</strong> terms of capacity<br />
build<strong>in</strong>g, technology advancement, R&D<br />
activities etc. ?<br />
- <strong>CMI</strong> Industry has expanded its offer as service<br />
to project provider as well as provider of solutions to<br />
reduce the environmental footpr<strong>in</strong>t of <strong>in</strong>dustries.<br />
<strong>CMI</strong> Industry now has a foothold <strong>in</strong> the <strong>in</strong>dustrial<br />
effluents treatment market with the acquisition of a<br />
French company named Proserpol.<br />
<strong>CMI</strong> Industry cont<strong>in</strong>ues to develop its energy<br />
efficiency solutions for energy-<strong>in</strong>tensive <strong>in</strong>dustries<br />
(steel, glass, paper, etc.). Thanks to these solutions,<br />
the customers of <strong>CMI</strong> Industry can save up to 50%<br />
on the energy bill for their facilities. In 2011, <strong>CMI</strong><br />
Industry booked several orders, particularly <strong>in</strong><br />
France and the United K<strong>in</strong>gdom, for different types<br />
of <strong>in</strong>dustries. <strong>CMI</strong> Industry has also developed new<br />
generations of burners that could dramatically<br />
14<br />
<strong>June</strong> <strong>2012</strong><br />
reduce the consumption of steel furnaces. They are<br />
currently tested <strong>in</strong> a pilot furnace <strong>in</strong> Spa<strong>in</strong>.<br />
How do you f<strong>in</strong>d market outlook <strong>in</strong> <strong>India</strong><br />
and across the world i.e Europe as well as<br />
Southeast Asia ?<br />
- After three years of constant adapt<strong>in</strong>g to the<br />
uncerta<strong>in</strong>ties on its traditional markets, <strong>CMI</strong><br />
Industry is emerg<strong>in</strong>g stronger from the successive<br />
crises that have shaken the world economy. In <strong>India</strong>,<br />
<strong>CMI</strong> <strong>FPE</strong>, the <strong>India</strong>n subsidiary of <strong>CMI</strong> Industry,<br />
registered unprecedented order level <strong>in</strong> 2011,<br />
capitaliz<strong>in</strong>g on the vitality of the local economy. At<br />
the same time, on the operational front, the<br />
execution schedules of certa<strong>in</strong> projects <strong>in</strong> 2011 were<br />
revised ow<strong>in</strong>g to market conditions. <strong>CMI</strong> <strong>FPE</strong> thus<br />
closed 2011 with a very strong order backlog.<br />
How do you compare <strong>India</strong>n and<br />
Ch<strong>in</strong>ese market ?<br />
- Both markets are of capital importance for <strong>CMI</strong><br />
Industry. We are expect<strong>in</strong>g these markets to susta<strong>in</strong><br />
strong growth patterns <strong>in</strong> the steel sector and we<br />
have accord<strong>in</strong>gly strengthened our presence <strong>in</strong> both<br />
geographies <strong>in</strong> order to capture such growth. While<br />
our development strategy <strong>in</strong> Ch<strong>in</strong>a has been based<br />
on partnerships and jo<strong>in</strong>t ventures, our approach <strong>in</strong><br />
<strong>India</strong> is centered around our own unique